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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
Relationship

Dear Anu, Long story please read About the this incident : I am in really a bad situation from last 7 days, My father-in law took, my wife and my children away because, I asked about her attractive behavior (Sexual tentative not sure) , she has shown towards our neighbor. I already directly warned her about his wrong starring twice, year before when we went for 4 families trip. (I have proof from her google account to show she has done wrong searches about him like searching for nickname of boyfriend with his designation etc ...) She is running her own business which is started by her on my encouragement and running ok from 7 years. Suddenly for some work, I called her she is missing from her office for 2.5 hours and no one knows where she went, After 2.5 hours I got a call and when I asked, she said Its a surprise and will tell later. Next day too she said It is secret and will tell later, third day too she said she went out for roaming.(my surprise was, in hot summer day on byke roaming at 10.15 am to 12.15 am ... na naa something is wrong). I started tracking her email by taking her password and notification accepted by her on her mobile. Then I realized the web activity(she was not aware of these things will get stored in google till then), as I said above like gift for boy friend and romantic nick name for someone special who is having xxx designation etc ... always smiling person. Attraction synonyms ... casual sex and serious relationship difference a video etc... All these are only from starting of 3rd March 2024. My Heart was broken, as I am staying in different city and already have plans to go home in few days, I somehow manged 2 days and went home. Next, I was all-over her with big fight. I was blaming her for everything even not feeding kids on time, as I was saying she gets time to spend on chatting or searching etc... I was literally went to nuts, as I warned about him to be careful 2 years ago couple of tiimes. She said she is innocent, she didn't searched all the above I have shown her photos taken from my mobile with her track. she asked how did you know I searched for her, Because of using his designation in search. Finally she agreed she meet him for 15 mints on some professional work, on 16th march and went out after that for another place. But google timelines shows she was at home for entire 2.2 hours. why should she lie for remaining 1.5 hrs if there is nothing wrong happened. why should she say 15 mints only, when she meet him for a profession reason for 2 hours. I am literally not satisfied with her answers. Next day morning my mom returned home, (she don't know anything) from a function in other city which she went 10 days ago. (All these episodes happened next day my mom left home according to search history). Suddenly wife in early hours kept suicide note and left home. I was just sleeping in next room, my mom saw the note and woke me up. Finally we found her on our terrace staircase sleeping there as she takes medication for sleep, she has zero negative artistes. I booked ticket for her dad immediately and asked him to come same day, shown him and explained him all this. That day he is calm and asked what you want to do. I was thinking positive that he tells her not to repeat and stay for a week and go home. He said he wanted his wife to talk to her(my mother-inlaw), I said book ticket for her but unfortunately tickets were not available, seems he is also not interested to book ticket. After next day I intentionally went out by taking my daughter for 3 hours informing, I am going out for 3 hours to him. I thought he will speak to her privately to help her understand. But not sure nothing happened my mother said, he was sitting in living room whole 3 hours and she is in bedroom. Next day she said she is not going for office as I am doubting her behavior.(My in-laws never wanted her to work from start marriage) . But before marriage it self I informed them I am looking for a working wife. As they didn't let her attend job interviews, I am forced to invest in business, my hard earned one year salary with loan and made her owner there. I thought she would be also be happy as owner. She is happily running this for 7 years (of-course no profits and I never insisted too much on profits too as I already closed the loan in 4 years from my salary). Past Episode 1 : 1) when we got arranged married, I was in love with a girl and also deep relationship staying with her for few years too. I just gave her a hint as I took her for my GF marriage reception. (Even I loved her my GF with full heart, due to known reason for both of us, I informed her, I will not marry her before, I stay with her). Once she found a letter from my GF and wrote an email to her husband about out Love afair, I am not sure he took that seriously. 2) My wife also have some love story but, I never asked about that as he didn't want to revel that any time.(its ok before marriage something happen in life), I have an idea about that within short span of marriage, as she was sending messages after 11.30 pm etc. After observing couple of months, warned her twice not do so. one day I was anger and left to office, as I saw her texting again previous night. Evening when, I returned home, she was crying like a baby sitting in living room saying as she had swallowed 10 tablets given to her some reason to attempt suicide. I was shocked and rushed her to hospital and fortunately able to save her. Never discussed about that anytime after that. Episode 2: After around 8 years of smooth life and 2 children, after starting the business one night, I was watching movie in living room and went to bedroom, wife suddenly got surprised and hiding her mobile. I asked her why are you hiding and give me the mobile she didn't, I tried to get the reach of mobile and she didn't let that happen as she hold it strong, I left and came back to other room to sleep. But next morning, she was showing anger on me and vice-versa, I had a quarrel and called up her dad after 3 to 4 days, That time he asked what is the proof she is chatting with someone in night, I don't as I didn't snatched her mobile forcefully. He said she won't do anything like that and asked to be peaceful, after few days thing became normal, as I also don't have proof, I thought it might be mistake my side too. Episode 3 : She started going to a super market everyday at particular time every day. Even though she comes though same road just 1 hour before, she wont stop and get items form there, she used to go after getting ready every day for 15 to 20 days, I observed pattern. Generally she goes with my kids skating to classes in our gated community only and used leave from there. I used to go and meet some friends near that skating classes after a while, but some times she used to be not there, I Observed the pattern she was missing continuously from 15 to 20 days after dropping kids there, I followed by my car and searched didn't found her in the regular place where she tells, after 15 to 20 mints, I was standing there she came to the place, when I asked her she said she went for Vegetables shop near by and shown place and a couple veg's she bought. I was working in reputed software org and earning well. I always think about my wife and children even, I am away from home. For example I go to airport, I buy chocolates for my children, I check, If I can get my wife a good watch deal or buy a bag as she like watches but wont try to spend 200 for a coffee in airport. I go to GOA with friends buy clothes from there, by reducing the bottles, I always show lot of love towards, children and wife as I was working from home past 4 years. Love doesn't mean, I tell her I love you or something, but I always felt pain if she is not well or I never said no, If she asked me take for shopping or somewhere etc. we are always going to movies Of-course its on my interest. never restricted anything for her to spend. Point to note she always spends carefully too. I only encourage her to spend more for to buy anything she wants. This is our present. Taken them to holidays now and then etc ... with all above episodes she says I am doubting her, Am I really? or she is creating the situations? 1) Even after warning not send messages after 11.00 pm in night or asked whom she sent no answer. 2) Episode 2 hiding mobile and giving mobile to me 3) Episode 3 even though she comes in same path every day for a specific time staying in same place 4) Episode 4 Even after warning her about bad starring going for professional her with out discussing and deleting call history of him ( 11 sort calls of 40 to 60 seconds and 2 calls on 4 mints each, in a span of 20 days) and mid night searches etc... am I bad guy? or am I trying to saving my wife from this evil intentions we know in society? What if I would have left her for the them, will my family relation will stay, what would it shows her as? will I become a responsible husband? Now she is trying for a job in her city with parents encouragement and trying to get admission for my daughter in Garde 1, even she has completed Garde 2 this year. Not sure about my son yet. She is spoiling daughter studies. My cute children are not with me now, I came back to my office and staying in PG from yesterday. Not able to concentrate on work or other things, literally crying at times in wash rooms.(even at airport when I saw children of my age went to washroom and cried a lot). what should I do go and beg her for getting angry on her? tell her with whom ever you chat and go I wont bother come home? or leave her and children for their fate? what the use for earning this salary when I cant spend time with my children? everyone says wait for her realize her mistake, If she gets job and takes admission in school will she even consider coming back to me? her mother always controls her father, same her sister in-law with her brother(love marriage). Now my mother and couple of friends(close) say, if I go she will treat you like a slave she will come and do same thing again you cant even ask her. After going home they tried to destroy the evidence I have by formatting mobile by logging into google account and erase device. That is a business mobile she didn't even bothered about customer base of 7 years contacts. Fortunately I could recover contacts. I could also get to know her personal email id that's how I cam to know about her job search and admission search of children. what should I do now? Please advice immediately.

Ans: Dear Anonymous,
My suggestion to couples who are at constant loggerheads and on the verge of a marriage breakdown:
- What can you do to put your marriage back together?
- Can you trust one another yet again?
- Are you both willing to set aside your differences and work towards your marriage?

You have given a detailed account of what has happened and one thing seems clear is that there is NO trust left within your marriage. This itself will prevent you from getting back together. Agreed that you have reasons and proof to doubt her, but if you both want the marriage to work, you will have to start fresh.
Also, the fact that she is searching for a job and also admission for the children suggests that she is looking at moving on without you. So, instead of making assumptions on what is happening and hoping for something to happen, it's time to request for a one-on-one chat with your wife. She may decline, but no harm in trying. The chat can bring forth what she has in mind and if she also wants to be in the marriage or move on. Knowing, asking, understanding can help and guide you on the next steps.

No point going around in circles playing this Hide and Seek game as a couple. Sit down, talk it out and take firm decisions. Your marriage will need a lot of trust and love to be rebuilt; are you willing to go through this journey?

All the best!
Asked on - Apr 19, 2024 | Answered on Apr 19, 2024
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Hi Anu, I went ahead and spoke to my wife at their home for 2 hours personally and also took her out for lunch next day. Can you suggest me a good relationship Expert and Mind coach in Hyderabad? I insist only physical consultation this month last week and also next month first week, should be able to spend good time on our case, Not to be in hurry, to go to next case. (I think that would be good enough), I know it may take some sessions to bring it to a fruitful result. Please advice...
Ans: Dear Anonymous,
It is great to see you being so proactive on this situation that you are in.
On my part, it will not be professionally ethical to put down the name of an expert on a public platform without their consent. In that case, you can browse the internet for centers for marriage therapy/relationship coaching in Hyderabad. Check on their credentials before signing up with any expert. Request for a call where you can evaluate they are the right person for your situation. Once you do that, put your weight behind it and make sure that you are guided to sort your entire situation and reach a firm resolution.

All the best!

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Dear LG, Please don't disclose my name. I don't want to share my personal problems with others. I am 45 years old, married 13 years ago; my wife's age is now 38 years. I got two kids. My wife is pretty (she takes lot of care for her beauty) and I want to live simple. I kept faith on my wife so I didn't interfere in her life. From last four years, I am staying away from family (because of work I have shifted to other city, monthly once I go back , purchase everything, give money for expense and return to job). She keeps her mobile with security. Once, by mistake, I read her WhatsApp message. One of her office client was praising her pics and she was responding to him. So I told her, be official, don't entertain, if they fall behind you and we may face problem. She agreed but is doing the same thing and deleting his messages. Then I wanted to see what all things she does in WhatsApp. So her link I shared in my mobile and started reading her messages. She use to chat with one married person from last three years, she changed his name in her mobile and kept his wife's name. Three years back he proposed her with love song. My wife used to support him, sometimes she used to delete the messages. He knows all my family history. Whenever they get time, they used to talk each other in phone. Some messages I read, they were planning to meet also. She always come home very late, I didn't question her because I kept faith, but as I told you I have two kids in home. If she comes late, they are facing a problem (they stay alone until she comes back). Simultaneously she is chatting with another married friend. She says he is like a brother in front of me, but that person says baby, darling, dear, love, etc, in his conversation and forwarded some love songs and calling her for long drive. My wife replied some other day we will go. He replies, You always says same thing. I will become old one day. Then I was surprised and guided my wife indirectly. I told, don't entertain any person they may start to trouble you or if anybody troubling you please tell I will help you. We got two kids so we got lot of responsibility. She got a clue that I am reading her messages, so immediately she deleted all messages and after some days she deleted their numbers, along with that she deleted some other numbers also!  Why, I don't know. Once I told my son, beware, I can track you and tell where are you going and what are you doing. But from that day onwards, my wife is blocking her internet at 6 pm (when her office closes) and unblocking when she returns home. I am worried regarding this behaviour. I have stopped reading her messages now. But now I am feeling very uncomfortable because her behaviour is very soft with me, (previously she was very aggressive, she used to fight with me unnecessarily.) Please guide me how to handle the situation. What can I do now? Sometimes I feel I should leave everything go somewhere or is it a punishment for marrying a pretty girl? What to do? Please guide how handle the situation. Regards.
Ans:

So, in a nutshell, you think your wife was flirting behind your back, you dropped some hints and then she has either stopped, or then stopped you from spying on her phone.

First of all, why are you dropping hints to her instead of talking straight? Which husband is going to appreciate his wife being wooed by other men with all this darling-baby love talk?

Even if she’s not having an affair, the flirty behaviour is bound to make you uncomfortable. Don’t you think you should call her out on it instead of pretending like some other man is making her uncomfortable?

Clearly, she’s enjoying the attention!

You seem very timid and intimidated by your wife. And if her behaviour has changed toward you for the better because you suspect she is guilty of something, all the more reason to get to the bottom of it!

Stop playing games and pussyfooting around her. Do some straight-talking for a change instead of going behind her back and reading messages!

And FYI, being good-looking doesn’t give any spouse licence to make their partner insecure!

 

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Kanchan

Kanchan Rai  |183 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 26, 2023

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Dear Mam, I am a 46 year old married man for last 15 years. My wife is 39 year old ... We had an arranged marriage. The marriage all along appeared very happy, so to me. We had a very happy married life.. Our elder child is 13 years. ..... We have another who is 6 year .. ..... Around 8 years back my wife was regularly chatting with her old friend and he was openly flirting... I asked my wife to be careful and stop it.. Which she promised..... ... But she never did, she used to delete the chats and occasionally drop his name... I thought she is a wife, a mother and trusted her.... Last year i came to know that she was meeting him too.. I confronted her... and she gave excuses that it was just few... And she only sat in his Car and took some rides, never got down, never went with him anywhere... Never went to any place, apartment or hotel.. and she insisted it was just few and very recent. ... I checked and found she has met him earlier too.. I checked and found she had paused her google timeline off and on.. She had his contact as hidden in Hangouts, and had exchanged some photographs of hers with my Son to him.. She used to gift him on his birthday........ She was regularly chatting and delteting the messages on all forums with him... On again confronting, she admitted that this all started in 2016...and these are the only visits... She claiming she was afraid so didnt tell all initially.. She says she has met him, but never comitted Adultery... She saying she is remorseful, did a very big blunder and trying all hard to win back my trust... But its very hard to believe and trust...the reason 1) She did not disclose everything to me on first time of confronting...she disclosed only recent visits 2) On being asked to cut off all contacts..she told me she has asked her friend not to contact her thru any mode, but she did not delete him/block him from WhatsApp, Facebook, Truecaller, Mobile contact list..this i had to do. 3) Third she admitted she liked Going out wit him.......4) She so silently used to chat with him even when i was around all these years that i did not suspect....We both are working.. ..please Suggest ..... Hope my identity will not be Disclosed
Ans: Discovering that your wife is talking and meeting with a friend and hiding it from you can be a challenging and stressful situation. If you feel that the friend is flirting with your wife, it can further complicate things and cause feelings of jealousy, insecurity, and mistrust. However, it is essential to approach the situation calmly and objectively and take steps to address the issue.

The first thing to do is to communicate openly and honestly with your wife. Express your concerns and feelings and ask her to explain her relationship with the friend. Listen carefully to her side of the story and try to understand her perspective. It may be that there is a reasonable explanation for their interactions, such as a long-standing friendship or a professional relationship.

However, if you still feel uncomfortable with their interactions and suspect that there may be something more going on, it is essential to address the issue directly. Let your wife know how their interactions make you feel and explain why you feel uncomfortable with their friendship. It is essential to avoid accusing your wife of anything and instead focus on your own feelings and concerns.

It is also important to consider your own behavior in the relationship. Are you feeling jealous or insecure due to your own issues, or is there a valid reason for your concerns? Take some time to reflect on your own feelings and assess the situation objectively.

If you feel that the friend is indeed flirting with your wife, it may be necessary to set some boundaries. Let your wife know what behavior is unacceptable and make it clear that you expect her to respect your feelings and the boundaries you have set.

In some cases, seeking the help of a professional counselor or therapist may be beneficial. A therapist can help you both work through your feelings and emotions and develop a plan to move forward in a healthy and positive way.

It is essential to approach the situation with patience, understanding, and open communication to ensure that you can navigate this difficult time and move forward in a positive direction.

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Asked by Anonymous - Apr 29, 2024Hindi
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Hello. I am a 35 year old widow. I have completed B.E and worked in TCS for 2 yrs. After marriage I had a ten long yrs of career break. Due to unexpected demise of my husband, I am strangled with my 6 yr old daughter. I don't know how to look for a job. I am not interested in software jobs. Please guide me. How to proceed. I want to live a respectable life.
Ans: Hi!!

It is very sad that you lost your life partner at such a young age. I know it is going to be tough for sometime. What I do know is that, because you are an Engineer, you have work experience with TCS, it is not going to be as tough as it seems and it will take sometime but you will be earning and living a respectable life!! Take informed decisions and start taking one step at a time towards your goal of a respectable life.

I am a little troubled that you said, "I am strangled with a 6 yr old daughter". You gave birth to her, she is your responsibility, she is totally dependent on you. You do have your daughter as your mate on this journey of life. Children are always a blessing, don't believe anyone who says otherwise. Cherish her and love her. Let the bond between the mother and daughter grow to be beautiful one. After the death of a spouse, people around have this tendency to say things that has an effect on you, just trust yourself, you are 35 yrs old, believe in yourself. You are mother and motherhood gives you a lot of strength, tap into it and move ahead in life for the sake of the little one.

Now to look into building your career, earning money and living a respectable life, here are some options to look into..

1. check with TCS if you can go back, lots of these big companies love it if their previous employees come back to work with them. Look around for a senior, a friend who can suggest the courses you can do now, to get back into the job market
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Loads of prayers and blessings to both you and your daughter!!

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Asked by Anonymous - May 05, 2024Hindi
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Hi, I currently earn 42k per month at the age of 25, no loans, I have 2 Lacs in mutual fund and around 80k in stocks. I also have a term insurance and health insurance is from company policy. I stay at parents house so no rent either, just 9-10k per month on an average on electric bill+ grocery that I pay. I invest 12k per month in stocks and mutual fund altogether. Am I having a right approach or should i make any emergency fund? And how and where to keep the money? I'm planning to get a health insurance for my mother and I next year.
Ans: It's commendable that you're already prioritizing investments at such a young age and have taken steps to secure insurance coverage. Your approach demonstrates financial responsibility and foresight.

Given your current financial situation, establishing an emergency fund is indeed a prudent step. An emergency fund acts as a financial safety net, providing liquidity to cover unexpected expenses like medical emergencies or job loss without disrupting your long-term investments.

As a Certified Financial Planner, I recommend setting aside at least three to six months' worth of living expenses in your emergency fund. Since your average monthly expenses are around 9-10k, aim to accumulate around 30k to 60k in your emergency fund.

You can keep your emergency fund in a high-yield savings account or a liquid mutual fund for easy accessibility and liquidity. These options offer stability and ensure your funds are readily available when needed.

Regarding health insurance for you and your mother, it's a wise decision to enhance your coverage. Evaluate various health insurance plans to find one that meets your specific needs and offers comprehensive coverage for medical expenses.

Continue with your disciplined approach towards investing in stocks and mutual funds. Allocating a portion of your monthly income towards investments ensures wealth accumulation over time. Regularly review your investment portfolio and make adjustments as needed to align with your financial goals and risk tolerance.

Overall, you're on the right track with your financial planning and investments. Keep up the good work and remain proactive in managing your finances for a secure and prosperous future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam Kalirajan  |1960 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

Asked by Anonymous - May 05, 2024Hindi
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Hi sir, I'm 24 yrs old just started working in new domain which is not relevant to my core studies (i studied msc in zoology ) but now working in as network engineer (bcos its one of my passion), wo i followed my heart voice.. For mow i started earning 15k as fresher , and i started investing in MF for about 1 yrs and my sip amount per month is 4k and plus lumpsum addition amount result in around 1 lakh with profit of 9 percent of my portfolio .. it's growing slow and steadily but i want to increase my savings and invest . Kindly advice on this your thoughts .. My holdings all are direct funds Parag flexi Icici nifty 50 index Icici bluechip Nippon small I don't want to diversify more that this in MF so i stop only with 4 mfs .. Thanking you for your advice
Ans: Starting your career in a different domain from your academic background is a brave move, showcasing your willingness to follow your passion. It's impressive how you've taken charge of your finances despite starting with a modest income. Keep up the good work!

Increasing your savings and investments is a wise decision, especially at a young age. Gradually raising your SIP amount as your income grows is a prudent step towards building wealth over time. Consistency is key in investing, and your commitment to regular investments will pay off in the long run.

Direct funds offer several advantages over regular funds, including lower expense ratios, potentially boosting your returns over time. However, managing direct funds requires expertise and time commitment. Considering your busy schedule, investing through a Certified Financial Planner (CFP) with expertise in mutual funds can be advantageous. They can provide personalized guidance, monitor your portfolio, and make timely adjustments as needed, ensuring optimal returns while you focus on your career.

While mutual funds are a solid starting point, exploring other investment avenues gradually can further diversify your portfolio and optimize returns. Consider learning about stocks, bonds, or alternative investments to broaden your investment horizon.

Continuous education about financial concepts and investment strategies will empower you to make informed decisions and navigate the complex world of finance effectively. Keep seeking knowledge and stay open to new opportunities.

With dedication, discipline, and a proactive approach, you're well on your way to achieving your financial goals. Keep believing in yourself and your abilities, and remember that every small step you take today contributes to a brighter financial future tomorrow.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam Kalirajan  |1960 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

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I need to create corpus of 5 crores in 10 years. im currently investigating of 46500 past one year. i have following mutual fund in my portfolio Hdfc sensex index 20k pgim midcap 3k motilal midcap index 3k sbi next 50 index 1k motilal micro index 46 icici prudential technology 1k quant small cap 7k parakpari flexi cap 5k axis small 2k. im private employee and earning of 140000 per month. so please provide suitable answer which created 5cr in 10 years also i have lic of 50k per year,ppf of 50k per year and nps 5k every month. my current age is 34
Ans: Creating a corpus of 5 crores in 10 years is an ambitious goal, but with careful planning and strategic investments, it's achievable. Your current investment portfolio and savings habits provide a solid foundation for reaching this milestone.

Given your age of 34 and the 10-year time horizon, we'll need to focus on a growth-oriented investment strategy while ensuring diversification and risk management.

Let's start by optimizing your mutual fund portfolio. While you have a diversified mix of funds, we may need to make some adjustments to align with your goal. Consider increasing allocations to high-growth potential funds like mid-cap and small-cap funds, which historically have outperformed broader market indices.

Regularly review your portfolio to monitor performance and make necessary adjustments based on market conditions and your evolving financial goals.

Additionally, continue your disciplined approach towards savings. Your LIC, PPF, and NPS contributions provide stability and long-term growth opportunities. Ensure you maximize contributions to these instruments within permissible limits to harness their full potential for wealth accumulation.

Remember to stay patient and committed to your financial plan. Building a significant corpus requires time and consistency. As a Certified Financial Planner, I'm here to guide you every step of the way and help you navigate through market fluctuations and uncertainties.

With determination and strategic financial planning, you can achieve your goal of creating a 5 crore corpus in 10 years.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |1960 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

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Ramalingam Kalirajan  |1960 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

Asked by Anonymous - May 03, 2024Hindi
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I want to take Health Insurance for my mom and dad , But not sure if they contain pre existing disease or not. As My Mon often get sick. And I if take Health Insurance Blindly I might need to be waiting list or company can reject claim stating you didn't mention about pre diseases. Please Guide what steps I need to take
Ans: It's commendable that you're considering health insurance for your parents. It's a vital step towards securing their well-being.

Understanding your parents' health condition is crucial before purchasing insurance. Consider scheduling a comprehensive health check-up for them. This will help identify any pre-existing conditions they may have.

If pre-existing conditions are found, don't worry. Many insurance policies cover pre-existing illnesses after a waiting period. Disclose all relevant information to the insurer transparently to avoid claim rejections later.

Opting for a family floater health insurance plan can be beneficial. It covers the entire family under a single policy, including pre-existing conditions after the waiting period.

Compare different health insurance policies, considering factors like coverage, premium, waiting period, and claim settlement ratio. Choose a plan that suits your parents' healthcare needs and your budget.

Regularly review and renew the health insurance policy to ensure continuous coverage. As a Certified Financial Planner, I'm here to guide you through this process and address any concerns you may have.

Remember, investing in your parents' health is an investment in their happiness and well-being.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

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Ramalingam Kalirajan  |1960 Answers  |Ask -

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Hi, I liked a home that cost 1.1 crore. I don't have a down payment hence I decide to take this in joint name with my friend, who had 40 lakh rupees. Will bank permit home loan of 70 lakh to me to take this home in joint ownership with friend.
Ans: Taking a joint home loan with your friend can be a viable option to fulfill your dream of owning the desired home. Banks typically consider the combined income and creditworthiness of all co-applicants when approving a joint home loan.

In your case, since your friend has 40 lakh rupees for the down payment, you can apply for a home loan of 70 lakh rupees jointly. However, it's crucial to note that each bank has its own lending criteria and may evaluate the loan application based on factors such as income stability, credit history, and debt-to-income ratio.

Before proceeding, it's advisable to discuss the terms of the joint ownership with your friend and seek legal advice to draft a co-ownership agreement outlining the responsibilities, rights, and obligations of each party to avoid any potential conflicts in the future.

Additionally, consult with multiple banks or financial institutions to compare loan offers and choose the one that best suits your requirements in terms of interest rates, tenure, and repayment options.

By leveraging the combined financial strength of both applicants, you can increase the chances of loan approval and make your dream of homeownership a reality.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1960 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

Asked by Anonymous - May 01, 2024Hindi
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Sir, I am 43 years old, wish to invest Rs. 10,000/- in Some good Mid cap fund for 15 years horizon. Is it safe to go ahead with Quant mf or some other fund house i should think off. Please advise. I am already investing via SIP with Canara robeco Large cap 5000/-, Axis Large cap fund 5000/-, Idbi Top 100-2000/-, Axis mid cap fund.-3000/-Mirae mid cap fund 5000, mirae mid and large cap 5000/-and Nippon small cap fund 7500/- since last 5 years. My horizon is 15 years from now. My expectations is to get minimum approx 4 cr at the age of 60. Kindly advise some changes required in portfolio to achieve my goals.
Ans: Given your current investment portfolio and your goal of accumulating approximately 4 crores in 15 years, it's essential to ensure that your investment choices align with your objectives and risk tolerance.

Mid-cap funds can offer attractive growth opportunities over the long term, but they also come with higher volatility compared to large-cap funds. Since you already have exposure to mid-cap funds through Axis Mid Cap Fund, adding another mid-cap fund like Quant MF may increase concentration risk in your portfolio.

Instead, consider diversifying into other asset classes or fund categories to spread risk and enhance growth potential. You may explore adding a balanced fund or a multi-cap fund to your portfolio to achieve better diversification across market segments.

Furthermore, regularly reviewing your portfolio with a Certified Financial Planner can help assess its performance, rebalance as needed, and make necessary adjustments to stay on track towards your retirement goal.

Your commitment to systematic investing is commendable. By staying disciplined and making informed decisions, you're laying a strong foundation for a secure financial future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1960 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

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Hi, I am aged 34, have been accumulated 2.28 Cr via investing in small cap mutual funds (Nippon(since 2017), dsp(since 2016), hsbc(l&t)(since 2016), quant(since 2023), I don't have any loans, had two kids aged 4.5 yrs and 2 yrs, I have only one specific goal in my mind, to have a peaceful retirement. Taking into cognizance of inflation can you suggest any course correction,if any, I need to make, being a employee of statutory body, income wise it's extremely stable till I turn 60.
Ans: Given your prudent investment approach and stable income, you're well on track for a peaceful retirement. With a portfolio predominantly in small-cap mutual funds, you've embraced growth potential. However, let's address the elephant in the room: inflation.

Inflation has a knack for eroding purchasing power over time. To safeguard your retirement dreams, we'll need to fortify your investment strategy. While small-cap funds offer robust growth prospects, they can also be volatile, especially in the face of economic downturns.

Diversification is our ally here. We can explore a blend of large-cap, mid-cap, and debt funds to balance risk and return. Large-cap funds offer stability, while mid-cap funds provide growth potential with less volatility. Debt funds act as a cushion during market turbulence, ensuring a smoother ride towards retirement.

Moreover, consider revisiting your asset allocation periodically. As you approach retirement, gradually shift towards more conservative investments to shield your corpus from market fluctuations.

Regular reviews with a Certified Financial Planner can fine-tune your strategy and adapt it to changing market dynamics. They can offer personalized guidance tailored to your financial goals and risk tolerance, ensuring a smooth sail towards retirement.

Your disciplined approach to savings and investments is commendable. Keep nurturing your financial acumen, and together, we'll pave the path for a serene retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1960 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 11, 2024

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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