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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 15, 2024

Anu Krishna is a mind coach and relationship expert.
The co-founder of Unfear Changemakers LLP, she has received her neuro linguistic programming training from National Federation of NeuroLinguistic Programming, USA, and her energy work specialisation from the Institute for Inner Studies, Manila.
She is an executive member of the Indian Association of Adolescent Health.... more
Asked by Anonymous - Apr 10, 2024Hindi
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I am 57 years Old Male, married 28 years back & having two daughters, elder one is pursuing MD ( Final Year) & younger one started Medical Graduation from Govt College. Wife is in Govt Job. I am going through Mental Torture & harassment from my partner for NOT accepting unrealistic thing/ Practically Non viable which are out of Budgets & may put us in troublesome future for family, as we had to marry our daughters too. Having our own MIG flats & managing somehow. I keep on travelling being Sales Job Profile, but rest 60% ~65% days remains at home after office hours. My partner is so harsh on all of us that she will keep on Scolding for small small things & many times quote that I will not live with you all & will be independent. She don't have proper sense what is right/ wrong, good/bad etc. This attitude hurts to all of us. We tried many time to discuss, but she don't listen at all other's small opinion even & take granted to others for her immature/ even stupid decision, as such so arrogant/abusive all time. We tried to convince her that let us consult some Doctor ( Psychiatric ), but she behave so rudely. My side family members are totally ignored by her & she don't keep any talk with them. Her side are in quite regular meeting/ visiting for social gathering/ function etc., but NON of them wish to involve in sorting out our family problems & blames only me why you criticize her. I am going through many sleepless night as worried for my Kid future since I largely compromised in my carrier to stay with family & support, but Not able to make other understand my scarifies. Please advise how to proceed. Regards

Ans: Dear Anonymous,
Firstly, rule out any medial reasons that can affect the body and mind and cause a person to be very different from who they usually they are.
Having said that,
Beyond a point when a person enjoys this kind of drama, my suggestion is: Let them live in that drama as it keeps them busy doing a lot. Also, others get involved either to express anger OR to prove their side of the story. Either case, the drama is full-blown which is obviously the only way your wife has understood to maintain relationships.
Now, simply ignoring is not going to solve the issue BUT over a period of time, it teaches her to start correcting her behavior and rely on grown-up conversations with others.
Do not yield to any rudeness...and as for her threat of living separately, it's just another drama...
Just do what you would when you raise a child who's being rude; you would correct that behavior of the child; wouldn't you? It's the same just that you act that her harshness does not bother you at all. Be patient and wait this out...

All the best!

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Love Guru

Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on May 13, 2022

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Dear Love Guru, Please keep me anonymous. I am a 45 years old married male. Ours was an arranged marriage. My spouse as well as my in-laws have cynical attitude towards life. They are always abusive towards everyone at their back even. Earlier, I used to take it lightly and also tried to make my wife understand that there are good people also in the world. I also used to think that she may not be having the same attitude at least towards me but I was wrong. I always did my best whenever she was in trouble or otherwise, be it in her social, professional or medical needs but instead of acknowledging she always found some ulterior motive of mine. She acts sweet whenever she wants anything or to get things done from me otherwise she becomes abusive. Moreover, since beginning she discusses everything over phone with her mother and acts as per her guidance. I don't think that anything whatever happens in between us be it good or bad or in our house is not known to her mother. Whenever we have any quarrel she immediately calls her mother and tells her only her side of the things and uses abusive words for me. I have even requested her that even if she feels like calling her mother to lighten up, she may do it, but at least in privacy so that I should not hear the words she uses. But, now after 14 years I am getting fed up and don't feel like being with her. I am continuing because of my daughter as separation may affect the child. We no longer share any emotional or physical intimacy. I am exhausted. Please advise.  Regards, Anonymous
Ans:

Sounds like you’re tired of the marriage.

I would suggest attending some marital counselling together before you decide to finalise a split, if only for the sake of your daughter.

I understand that the child’s situation is taking precedence over yours, and that’s good parenting, but how long will you carry on like this? It’s been so many years already.

Your wife speaking to her mother about everything is understandable, but within earshot so that you hear it too is not. She obviously has ulterior motives.

Visit a competent counsellor. I’m sure you’ll be able to make headway in this situation.

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 27, 2022

Relationship
Hi AnuAt the outset, thank you very much for your time to listen to my situation.I am 50 years old, married to my lover (46 years now) and blessed with two daughters. My wife comes from an upper caste with a poor background. She was my subordinate and got married in 2001 after dating her for more than 18 months.Immediately after marriage, I lost my job due to my mismanagement of responsibility with no criminal action. I suffered for six months and relocated to overseas and lived there for the past 19 years.With my hard work and commitment, my financial situation has improved considerably now. However, my wife's attitude has consistently changed in line with my financial growth. She strongly believes that because of her luck and my daughter’s luck only I was able to earn that much and live comfortably. With my severe official commitments, I did not mind her attitude that much. After the lockdown, I got the opportunity to understand the change and realised that she has constantly ill-treated me over the past 10 years. Also, I lost my parents a few years ago and my father gave his self-earned property worth a few crores to my elder brother and left nothing to me. At the same time, my wife got her ancestor property worth a few lakhs. This incident psychologically weakened me as she consistently abuses me saying she got a few lakhs worth of property whereas I got nothing from my parents. Now, for the last two years, she is not allowing me to perform my parents’ annual death ceremony rituals. She consistently uses bad words against my (departed) parents and makes most negative comments for the donations I made so far and terms me as an Idiot and useless person. She also criticises me in front of my friends and relatives.Her harassment gone to the extent of pushing me to commit suicide and for the sake of my daughter’s welfare, I managed to come out of that mindset on my own. Now, I am determined to live…. at the same time unable to absorb my wife’s harassment. I tried to explain to her in many ways and even begged her many times to stop ill-treating me. Instead, she is asking me how I am able to tolerate despite her ill-treatment for the past few years….Our physical relationship got disconnected for the past five years as she lists out silly reasons for avoiding me. She is refusing to come along with me to meet a psychologist. Also, she disconnected her long-term friends and created a new circle of friends in order to erase her past and maintain a high social image.From your expertise, kindly advise me on how to handle this situation which will be of highest support for me as I am having sleepless nights for the past 2 years.Kindly do not publish my name and request you to keep it anonymous.
Ans:

Dear S,

It’s obvious that there is something that your wife is upset about or missing and you have been blindsided by it.

It could be lack of love, attention or simply family’s worth that she might feel from money situation.

It needs a discussion but from your letter/e-mail, it doesn’t seem like she is interested in it.

What I don’t have information here is in the 19 years that you were out of the country, was she also with you?

This is vital information as things might have gone South while you were away.

Even if she did accompany you, maybe the mismanagement of responsibility situation that you mentioned was something that had thrown her off gear and insecure.

This vital information is missing for me to guide you even more effectively, but I can surely help you navigate with what is.

Yes, it needs a counsellor or a marriage therapist.

Nothing justifies talking ill about family members but when the mind is awry and unsettled, it does not think rationally which is why she is possibly displacing some anger or lack of affection or lack of something that is manifesting itself in different ways.

Ask yourself:

  • Where am I if I continue in the marriage?
  • Where am I if I don’t continue in the marriage?

This reality check will act as a compass to the next steps of action.

As a coach, it’s always nice to see a relationship work but reality might say something else.

So, be true to your thoughts and feelings, set aside any feelings of spite towards your wife and see things for what they are and move forward.

All the best!

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Mar 31, 2023

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Madam, I'm 52 year old, with 20 years of married life. Have one daughter, 18 and one son, 15. I'm well earning government employee. My wife is also post-graduate. However, after marriage, she put half- hearted efforts to get govt job, but didn't succeed. She was never interested to live at different places for the sake of job and also wanted equal rank job. At that time, I didn't realize that she might be comparing with me. Any way, I was fine with any of her decisions. Later she told thatnshe wants to focus on children only. But, after 4-5 years, she started hating my all family members. While they are staying almost 1000 kms away, and except on few occasions, they never asked any help from me. Since last 10 years, she stopped talking to any of them. She doesn't allow my children to visit my native place and meet my family members, even during any marriages or function. My family members or friends aren't welcome at my home. Even after accepting all these nonsense behaviour, she never remains happy. She keeps passing sarcastic comments. She willn't dress nicely. Remains busy in watching movies/webseries on laptop. Many times, our arguments in the past turned to physical also. How long can I tolerate abuse for my family members? All such situations created toxic environment at home. Both of my children were sharp and intelligent, but now they are showing depressive symptoms. I'm not able to focus on my work and affected my personalty and performances. She wants no frills attached to me. In such case, she should have married to any orphan. She neither wants to meet any one for counselling. Now, I also snapped all relations with her family members. But looks, all the doors are also closed for me. I'm feeling suffocated. I neither leave her nor leave the world, as I love my children and my reputations. Kindly suggest the way out.
Ans: Dear Ramesh,
What it seems like to me from what you have shared is: a case of lost identity!
She has been struggling to find her acceptable place in her own eyes for herself.
In simple terms, she is not happy with the decisions that she has made in life and now chooses to complain about it by pushing people away.
Does this happen to others as well? Oh, YES!
When we have the desire to do something and then we suppress it with an excuse of taking care of the family etc, one fine day in the future, it comes back to haunt us.
In all likelihood, your wife might have done the same thing...I can only assume as from what you have shared, there is nothing else that seems to be the matter.

Now, because it has begun to affect the children, you have woken up but this has been going on with her for a while. Support her thoughts but not the behaviour that impacts everyone around. Give her an assurance that is she chooses to do something professionally, you will be there for her!

The key is not to give her solutions (that will bring down her self-esteem even lower) but to nudge her into thinking about doing something other than care for the family. Point her in a direction without being eager for her to take the bait. These things take time and the state of mind that she has now, if you push her, she will only resist. It's almost like teaching a child to walk or write for the first time. You don't walk for them but nudge them and wait for them to pick up at their own pace and praise them when they take those first baby steps. Get the drift, here? All this 'displeasure' with family members is only her way of complaining about her mind struggles.
Also, your children are old enough to support you through this journey as well. So seek their help on this.


Best wishes and it's nice to know that you still care and want to do something for her.

..Read more

Dr Ashish

Dr Ashish Sehgal  |97 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jun 01, 2023

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Hi Dr. Ashish, Good Afternoon, Iam 45 years old. I got married in 2010. My wife has ego and doesnt get adjusted to me and my family. I occured the experience after 2012 when my wife was 2 month pregnant. I was going to job, there was no peace of mind at all. From 2013 february we are not staying together. Her life is running as per her mother advice. We are having a communication very rarely. I had heard from her mother in law like impotent, not capable of doing anything. There are de-grading words always used and treated with no respect whenever i visited my wife house. My wife has communicated me verbally on January 2023, that she doesn't want the relationship to continue. She blocked me on whatsapp dated 03rd February 2023. I have one daughter aged 9 years. I am calling every week to get in touch with my daughter. The wife family not responding to the phones and my wife also. Request your sincere advice for permanent solution. Thanks & Regards, Deepak Shetty
Ans: I'm sorry to hear about the difficulties you're facing in your marriage and with your wife's family. It sounds like a challenging situation, but I'll try my best to offer some general advice.

Seek professional help: Considering the complexities of your situation, it might be helpful to seek professional guidance. Marriage counselors or therapists can provide a neutral space for both you and your wife to express your concerns and work towards finding a resolution.

Legal advice: If your attempts at communication and reconciliation have not been successful, it may be advisable to consult with a lawyer to understand your legal rights and options. They can guide you through the process and help you navigate any legal implications, especially regarding your relationship with your daughter.

Open communication: While it may be challenging, try to maintain open lines of communication with your wife. Clearly express your desire to work on the relationship and be involved in your daughter's life. Choose a calm and respectful approach when communicating, even if the response is not favorable.

Mediation: Consider involving a mediator to facilitate communication between you and your wife. A neutral third party can help create a constructive environment for dialogue and negotiation, increasing the chances of finding a mutually acceptable solution.

Patience and understanding: Dealing with relationship issues takes time and effort. It's important to remain patient, understanding, and willing to work towards a resolution. Focus on the best interests of your daughter and strive for an amicable co-parenting relationship, even if the marital relationship cannot be mended.

Focus on personal well-being: Take care of yourself physically, mentally, and emotionally during this challenging time. Seek support from friends, family, or support groups. Engage in activities that bring you joy and help you maintain a positive outlook.

Remember that every situation is unique, and the advice provided here may not fully address your specific circumstances. It's crucial to consult professionals who can provide personalized guidance based on a deeper understanding of your situation.

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Kanchan

Kanchan Rai  |183 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 04, 2024

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I am married person since 2015. From last 2 to 3 years it is not working properly. Due to some following problems, 1. I am only one boy in my family. I don’t have any brother or sister. My father is also passed away, so there is need of child in my family because now I am at the age of 30. But my wife is not physically strong. There is always some health issue with her. 2. There is education gap too in between us. She is metric level education and I am engineer. Due to this we don’t have that much effective communication leads to conflicts in every situation. She never give respect to my mother and never do regular house works to and at the end of the day again conflicts arises between my mother and my wife. 3. I want to give divorce to her but unfortunately she is purposely not ready for that because she knows very well that she will never been happy in another house like my house. 4. Same problem when I discussed with her mother and father, they straight forward refuse to give divorce; they said, “if you have any problems or want to give divorce then go to those person who are responsible for marriage or who finalize your marriage”. Lastly, I am now at dead end and don’t know the solution of how to escape from this situation.
Ans: Dear Rajesh,
First and foremost, it's important to prioritize your own well-being and happiness, as well as that of any potential children involved. While divorce may seem like the only solution, it's also worth considering seeking professional help, such as marriage counseling or therapy, to try to address the issues in your relationship and explore potential avenues for improvement.

If communication is a significant challenge due to education and cultural differences, a therapist or counselor can help facilitate more effective communication and understanding between you and your wife. They can also provide guidance on how to navigate conflicts and differences in a constructive manner.

Additionally, it may be helpful to involve a neutral third party, such as a religious or community leader, to mediate discussions between you, your wife, and your respective families. They may be able to provide support and guidance in finding a resolution that is mutually acceptable and respects the well-being of all parties involved.

Ultimately, the decision to pursue divorce or to work on improving the relationship is a deeply personal one, and there is no one-size-fits-all solution. It's important to take the time to carefully consider your options and seek support from trusted friends, family members, or professionals as needed.

..Read more

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Ramalingam

Ramalingam Kalirajan  |1517 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - May 06, 2024Hindi
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Hi ..I am 48 Yrs old and currently having a mutual fund corpus of 1.4 Cr, PF - 80 Lacs, stock -20 Lacs EPF 10 lacs and NPS of 10 Lacs, ..my current SIP is 1 Lac per month.Would like to know the expected corpus by 58 if i continue to invest till 55 in same manner
Ans: As a Certified Financial Planner, I appreciate you reaching out with your financial concerns. You've done an impressive job accumulating diverse investments, showcasing your commitment to securing your future.

It's evident you're proactive about your financial well-being, and that's commendable. Your disciplined approach towards savings and investments sets a solid foundation for achieving your goals.

I understand the importance of planning for the future, especially as you approach your 50s. It's a crucial time to reassess your investment strategy and ensure it aligns with your evolving needs and aspirations.

Your current portfolio reflects a balanced mix of assets, which is essential for managing risk and maximizing returns. However, it's crucial to periodically review and adjust your investments based on market conditions and your changing circumstances.

As you continue your investment journey, consider diversifying further to spread risk and capture opportunities across different asset classes.

Remember, investing is a long-term endeavor, and patience is key. Despite market fluctuations, staying focused on your goals and maintaining a disciplined approach will yield rewards over time.

While real estate can be a tempting investment avenue, it's essential to weigh the pros and cons carefully. Real estate often requires substantial capital, and liquidity can be an issue compared to other investment options.

Instead, focus on optimizing your existing portfolio to achieve your financial objectives. Regularly review your investments with your Certified Financial Planner to ensure they remain aligned with your goals and risk tolerance.

Keep up the good work, and continue to prioritize your financial well-being. With diligence and guidance, you're well-positioned to achieve financial security and prosperity in the years ahead.

Remember, your Certified Financial Planner is there to support you every step of the way, offering personalized advice and guidance tailored to your unique needs and goals.

Keep investing wisely, and watch your wealth grow steadily over time. Your commitment and dedication will pave the way for a brighter financial future.

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Ramalingam

Ramalingam Kalirajan  |1517 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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I am 43 years old and a salaried person. Started in SIP in 2018. Kindly suggest about the funds. Following are my current mutual fund investments: 1) Franklin India Prima fund Rs.1000 2) Invesco India Contra Fund Rs.6000 3) Kotak flexicap fund Rs.4000 4) Mirae Large & midcap fund Rs.2000 5) Axis Bluchip fund 3500 6) Sbi Banking & financial service fund Rs.3500 7) Axis Small cap fund Rs.5000. All i have monthly SIP. please suggest me if any changes require.
Ans: It's great to see that you've started investing in mutual funds through SIPs. Here are some suggestions regarding your current mutual fund investments:

• Diversification: You have a good mix of funds across various categories, which is essential for diversification. It's important to spread your investments across different sectors and market capitalizations to reduce risk.

• Review Performance: Periodically review the performance of your funds to ensure they are meeting your expectations and performing in line with their peers and benchmarks.

• Consider Your Goals: Reflect on your financial goals, risk tolerance, and investment horizon to determine if your current funds align with your objectives. If you have specific goals such as retirement planning or wealth accumulation, consider adjusting your portfolio accordingly.

• Evaluate Fund Managers: Assess the track record and expertise of the fund managers managing your investments. Look for consistency in performance and a clear investment strategy aligned with your goals.

• Stay Informed: Keep yourself updated with market trends, economic developments, and changes in regulations that may impact your investments. Stay connected with your financial advisor or conduct your research to make informed decisions.

• Seek Professional Advice: Consider consulting with a Certified Financial Planner (CFP) or a qualified financial advisor to get personalized advice based on your financial situation and goals. They can provide valuable insights and recommendations tailored to your needs.

Overall, while your current mutual fund portfolio appears well-diversified, it's essential to periodically review and adjust your investments based on changes in your financial situation and market conditions. By staying disciplined and informed, you can work towards achieving your financial goals effectively.

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Ramalingam

Ramalingam Kalirajan  |1517 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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I am 26 years and hoping to buy my car in next 5 years so need 10 lakh output on my investment kindly suggest best approach
Ans: It's great that you're planning ahead for your car purchase. Here's a strategy to help you achieve your goal:

• Define Your Goal: Start by determining the exact amount you'll need to purchase your car in five years. Consider factors like the type of car you want and any additional expenses such as insurance and maintenance.

• Calculate Required Investment: Once you have your target amount, calculate how much you'll need to invest monthly to reach your goal. Use an online investment calculator or consult a financial advisor to determine this amount based on your expected rate of return.

• Choose Suitable Investments: Since your investment horizon is relatively short-term (five years), focus on relatively low-risk investment options that offer steady returns. Consider investing in a mix of debt instruments such as fixed deposits, recurring deposits, and debt mutual funds. These options provide stability and liquidity while offering reasonable returns.

• Systematic Investment: Set up a systematic investment plan (SIP) where you contribute a fixed amount regularly towards your investment portfolio. This disciplined approach helps you accumulate wealth over time by harnessing the power of compounding.

• Review and Adjust: Periodically review your investment portfolio to ensure it remains aligned with your goals and risk tolerance. As you approach your target date, consider gradually shifting your investments to more conservative options to protect your capital from market volatility.

• Emergency Fund: While focusing on your car savings, don't forget to maintain an emergency fund to cover unexpected expenses or financial emergencies. Aim to have at least 3-6 months' worth of living expenses set aside in a readily accessible account.

• Seek Professional Advice: Consider consulting with a Certified Financial Planner (CFP) to develop a customized investment plan tailored to your financial goals, risk tolerance, and time horizon. A financial advisor can provide valuable insights and guidance to help you achieve your objectives.

By following these steps and staying disciplined with your savings and investment strategy, you can work towards accumulating the necessary funds to purchase your dream car in five years. Remember to stay focused on your goal and adjust your plan as needed along the way.

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Ramalingam

Ramalingam Kalirajan  |1517 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

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I m 42 years old and took home loan of Rs. 58 lakh for 25 years with EMI of Rs. 47300p.m. my monthly income is 1.30 lakh. I can save Rs. 10-15000 pm. Please suggest me this saving amount 10-15000 should invest or deposit in home loan account.
Ans: It's commendable that you're looking to make the most of your savings to optimize your financial situation. Here are some considerations for your decision:

• Emergency Fund: Before deciding whether to invest or pay off your home loan, ensure you have an emergency fund set aside. This fund should cover at least 3-6 months' worth of living expenses to provide a financial buffer in case of unexpected events.

• Interest Rate on Home Loan: Evaluate the interest rate on your home loan. If the interest rate is relatively low compared to potential investment returns, it might make sense to invest your savings in avenues that offer higher returns.

• Investment Options: Explore investment options that align with your financial goals, risk tolerance, and investment horizon. Consider investing in mutual funds, SIPs, or other diversified investment vehicles that have the potential to generate higher returns over the long term.

• Loan Repayment: On the other hand, reducing your home loan principal by making additional payments can help you save on interest payments over the long term. It also brings you closer to becoming debt-free and owning your home outright, providing financial security and peace of mind.

• Balancing Act: You can strike a balance between investing and repaying your home loan. Allocate a portion of your savings towards investments to grow your wealth while directing the remaining amount towards making extra payments on your home loan principal.

• Consultation: Consider consulting with a Certified Financial Planner (CFP) to assess your overall financial situation and determine the best course of action based on your individual circumstances, financial goals, and risk appetite.

Ultimately, the decision to invest or pay off your home loan depends on various factors such as interest rates, investment returns, and personal financial goals. By carefully weighing your options and seeking professional advice, you can make informed decisions to optimize your financial well-being.

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Ramalingam

Ramalingam Kalirajan  |1517 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - May 02, 2024Hindi
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Hello Sir. I am 32 years old. I am investing 50,000 per month in mutual funds. Currently corpus is 12 lakhs in mf, 2 lakhs in FD and I already have term and health insurance sorted for both me, my spouse and my parents. If I have to retire at the age of 45 and require monthly 2 lakhs, is it possible, and if yes, what should be my strategy?
Ans: It's great to see that you're planning ahead for your retirement at such a young age. Here's a strategy you can consider to achieve your retirement goal:

• Given that you aim to retire at 45 and require a monthly income of 2 lakhs, it's essential to calculate the corpus needed to generate this income.

• Assuming a conservative withdrawal rate of 4-5% per annum from your retirement corpus, you would need a substantial corpus to sustain a monthly income of 2 lakhs.

• To estimate your required retirement corpus, multiply your desired monthly income (2 lakhs) by 12 (months) and then divide by the expected withdrawal rate (4-5%). This will give you an approximate corpus needed for retirement.

• Once you have determined your target corpus, you can work backwards to calculate the monthly investment required to reach this goal by age 45.

• Since you're already investing 50,000 per month in mutual funds, you may need to increase your monthly investment amount to reach your retirement target.

• Consider diversifying your investments across different asset classes to manage risk and maximize returns. This could include a combination of equity mutual funds, debt funds, and other income-generating assets.

• Regularly review your investment portfolio and make adjustments as needed to stay on track towards your retirement goal.

• It's also important to factor in inflation when planning for retirement. As inflation erodes the purchasing power of money over time, ensure that your retirement corpus and income are adjusted for inflation.

• Consider consulting with a Certified Financial Planner (CFP) who can provide personalized advice based on your financial situation, goals, and risk tolerance.

By following a disciplined investment strategy, regularly reviewing your portfolio, and making informed decisions, you can work towards achieving your retirement goal and enjoy financial security in your golden years.

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Ramalingam

Ramalingam Kalirajan  |1517 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - May 02, 2024Hindi
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Hi I Am A business man.age 35,with 3kids. Following are my assets : - 1 Commercial Building(Not rented out yet, expected rent 2L/month) - 70L in Indian Equity.(50L wealth management company +20L my demat) - 25L in US equity - 20L in crypto -25L in fractional real state. Currently I may earn aprox 1L/month through my business advisories. Is is good time to retire? Are my investments diversified properly?suggest better options if any. I Am more afraid of my capital security. I Am not fancy about earning more & more.I indeed do business to provide employees with salary.
Ans: It's great to see that you're taking a proactive approach to your financial planning, especially considering your responsibilities as a business owner and parent. Here are some insights and recommendations based on your assets and goals:

• Firstly, congratulations on your diverse asset portfolio! You've made significant investments across various asset classes, which is commendable.

• Given your commercial building, equity holdings, cryptocurrency, and fractional real estate investments, it seems like you've diversified your portfolio reasonably well.

• However, it's essential to assess the risk associated with each asset class and ensure that your investments align with your risk tolerance and financial goals.

• As you mentioned that you're more concerned about capital security, it's crucial to review the risk-return profile of each investment and make adjustments if necessary.

• For instance, while equities and cryptocurrencies offer the potential for higher returns, they also come with higher volatility and risk. You may consider rebalancing your portfolio to allocate a larger portion towards more stable assets like real estate or fixed-income instruments.

• Additionally, since your commercial building is not rented out yet, it's essential to evaluate the potential rental income and factor in any ongoing expenses associated with the property.

• Regarding retirement, it's essential to consider factors such as your desired lifestyle post-retirement, expected expenses, and income sources.

• While your current income from business advisories may cover your monthly expenses, it's crucial to assess whether it will be sufficient to maintain your desired standard of living in retirement.

• Given that you have three kids to support, it's essential to ensure that your retirement planning accounts for their future education and other financial needs.

• Consider consulting with a Certified Financial Planner (CFP) who can provide personalized advice tailored to your financial situation and goals.

• A CFP can help you develop a comprehensive retirement plan, review your existing investments, and suggest suitable adjustments to ensure long-term financial security.

Remember, retirement planning is a long-term process, and it's essential to regularly review and adjust your strategy as your circumstances and goals evolve. With careful planning and prudent decision-making, you can achieve financial independence and enjoy a comfortable retirement while continuing to support your employees and family.

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Ramalingam

Ramalingam Kalirajan  |1517 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 06, 2024

Asked by Anonymous - May 06, 2024Hindi
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I am 47 yrs and was a NRI since kast 3 yeats i am in India and currently iam not working. I have a corpus of around 50 l. Kindly advice where do i invest this amount so that i can have some monthly income out of it. Currently i am investing 10k PP flexi cap and 2k in SBI small cap. Kindly assist. .
Ans: It's great that you're proactively seeking advice on how to invest your corpus for regular monthly income. Let's dive into some recommendations:

• Firstly, congratulations on your corpus of 50 lakhs! That's a significant amount that can pave the way for financial stability.

• Since you're not currently working and seeking monthly income, it's essential to prioritize investments that offer steady returns.

• Given your age of 47 years, it's crucial to strike a balance between growth and stability in your investment portfolio.

• One option to consider is investing a portion of your corpus in fixed-income instruments like bonds, fixed deposits, or debt mutual funds.

• These instruments typically offer relatively stable returns and can provide you with a regular income stream to meet your monthly expenses.

• Additionally, you may want to diversify your portfolio by allocating some portion towards equity investments for potential capital appreciation over the long term.

• Equity mutual funds, particularly large-cap and balanced funds, can be suitable options for this purpose, as they offer a blend of growth potential and lower volatility compared to small and mid-cap funds.

• It's essential to assess your risk tolerance and investment horizon before making any decisions. Since you're seeking monthly income, opt for investment avenues with lower volatility and consistent returns.

• Don't forget to factor in inflation while planning your investments. It's essential to ensure that your returns outpace inflation to maintain your purchasing power over time.

• Consider consulting with a Certified Financial Planner (CFP) to develop a customized investment strategy tailored to your financial goals, risk profile, and income needs.

• A CFP can provide personalized guidance and help you navigate the complexities of investment planning, ensuring that your financial goals are met efficiently.

Remember, investing is a journey, and it's essential to stay committed to your financial goals while adapting to changing market conditions. With careful planning and prudent decision-making, you can build a robust investment portfolio that provides you with the desired monthly income and long-term financial security.

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DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Investment in securities market are subject to market risks. Read all the related document carefully before investing. The securities quoted are for illustration only and are not recommendatory. Users are advised to pursue the information provided by the rediffGURU only as a source of information and as a point of reference and to rely on their own judgement when making a decision. RediffGURUS is an intermediary as per India's Information Technology Act.

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