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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Nov 23, 2022

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
PB Question by PB on Nov 23, 2022Hindi
Relationship

Hi Anu,
Myself Praveen. I appreciate your writings on Rediff. First of all thanks for that.
I would like to ask guidance or your thoughts on establishing a relationship with my lady friend.
I met her 4 years back in my old office and we got in company soon and started talking and somewhat share most of the personal s***s too.
I started having feelings for her. I mean I wish to have a marital relationship with her because I am very comfortable with her. But I was unable to make any move or feared of losing her company if I tell her my love.

That time I never knew her age. Later I moved from that job to pursue some personal goals so I moved to some other place without the knowledge of my own family.
The only person who knew about it was her. She stood with me and emotionally supported me and was knowing that it was my strong wish of having that dream/goal.
We were in touch as nice friends.

Her phone calls were happy moments for me because I was alone at my new place where I'd gone to pursue my dream.
Someday she called me and during call she was upset. That day she shared some of her personal things and during the conversation I realised that she is 8 years older than me and she is at her mid 30s.
Firstly, it was like a shock for me. I wondered why a beautiful girl like she not got into a marriage or any other serious relationship still that age. Okay, that doesn't matter me.

However, knowing about most of the complexity in this partnership including support from both family or cliche society thoughts; I decided to have her as my life partner. But still I am not able to make a move like that.
Somehow, I had to come back to my homeplace and sorry to say that I failed to pursue my goal which was bit depressing.

Still I couldn't make a move to talk her about this. I am getting an odd feeling that she treats me as a brother or a nice friend only.
I am confused when she calls me bro.
Some days ago she told me that I am her good brother. Frankly I don't like her calling me bro. I still love her and I always see her as my life partner.

The thing is I fear that I may lose her company if I express my love for her.
Also I fear that she may emotionally get low if she really considering me as her brother. I don't want to give her any pain, but meanwhile I couldn't miss her in my life.

Nowadays, we rarely talk on phone or meet because some of her professional engagements. That is not a problem for me.
I respect her as well as her personal space. Only thing I want is to communicate her about my mind and having a relationship with her.

I know she might also be concerned about our age gap as well as what society may say, but I don't care such rubbish.
I strongly believe that I can be a great partner.

Share your thoughts on making an approach without giving her any emotional pain or trauma.

Ans:

Dear PB,

Thank you for your kind words on my writings and columns. Highly appreciate it.

I cannot assure you of the fact of her not having any emotional reactions. Her reactions are not something that you can control.

The easiest way to resolve this confusion that you are going through is to simply express it. It’s similar to how children are.

Have you seen them say things without a filter and unfazed by how the other person will react?

Then along came the adults and asked them to keep quiet and then the child in us grew up to become a recluse and ignore our own feelings.

I agree there is an etiquette and social norms to be followed as adults but to not be able to express our feelings is nothing but conditioning from our childhood.

And what did it teach us? It taught us to avoid the rejection and ensuing disappointment.

That’s exactly what you are running away from; all the rejection that may happen and the disappointment from that.

But what use is that love if you can’t express it for fear of rejection. If you feel so strongly about it, approach it boldly and very gently.

Yes, it may shock her and it’s possible she has no feelings or sees you as a brother, but at least you know where the connection stands.

Now whether she is going to be hurt or not is a question of how emotionally mature she is.

So, before you start the conversation, do request her to hear you fully and not judge you for your honesty. This may ease her shock and help her respond rather than react to you.

On your part, keep your expectations to a low and smile through the situation. It helps lighten the load that you might be carrying.

All the best!

You may like to see similar questions and answers below

Love Guru

Love Guru   |187 Answers  |Ask -

Relationships Expert - Answered on May 30, 2022

Relationship
Hello Sir or Madam. Please keep me as anonymous only. Let me tell my story. I am 29 now. Work for an MNC for the past six years. From middle class family with big circle. Before going to speak out on my problem, let me tell my nature, how I was brought up, studies and attitude. Since we are middle class family with no financial crisis, I never seen ups and downs in Life accordingly. In the case of studies, I was topper at all levels of education till MBA from reputed institute. I was like love is trash n waste of time. When I used to hear all love stories, I used to feel pity on them. But I did maintain very good relationship with many, many girls (not GF type). But now I am going through the hell just because of one girl whom I was forcibly loved her and later I addicted to her with true love. During COVID I had to go WFH for two years. She visited her granny’s house and stayed back for few weeks. They live in Bangalore. I have never seen her face or noticed her during the time when she stayed. But she noticed, observed and enquired about me. So once she left to Bangalore, she sent FB request and I accepted. Immediately we have exchanged numbers and started texting ‘n’ talking. Initially I rejected her since she is eight years junior to me. Later she emotionally told once as she lost her father very recently and she just don’t want to go into depression again if I reject her. I got convinced and started loving truly. I replaced her father in her life which she used to tell. One day, she got caught by her brother while she was on call with me. Since we belong to different castes, they rejected me. She got house arrested. There was no connection between us. First time in life I fell into depression. I lost my job after just three weeks when she got separated from me. I was unable to speak anyone in the world. My family ‘n’ circle was afraid as I may do harm to myself for her. On December 16, 2021, I tried to commit suicide by writing a letter in laptop to her telling how I was missing her ‘n’ needed her. Took print and left to railway track to die. I took alcohol and was on the track. Someone rescued me and took me to hometown from Bangalore with PAN card address which was in my purse. Every day I was losing hope on my life. Finally I got call from her number in the first week of Jan. I was happy and cried like anything with her on call. She told that she would never leave me alone whatever happens ‘n’ who ever tries to separate us. Again, I took my energy ‘n’ hopes back and started job searching. There was 1 month gap again until Feb 8, 2022. After that she used to call me whenever it is possible. From March 15 to March 31, she kept fighting with me over call and spoken mercilessly. There was no kindness or love or concern on me. Again, I lost hope on my life. She kept asking me to stay away from her. She knew that I cannot initiate contact from my end, since she only should do whenever she able to do. Day by day, I am losing interest on my Life. I left the job. Now I’m alone with her thoughts and words spoken by her. My family n circle knew all this drama what’s going on. They hate me for losing self-respect for a girl. But I have never seen that girl as a girl. I am addicted to alcohol, day ‘n’ night drinking and surviving. I knew she won’t come back if I ruin my life like this by drinking ‘n’ all. But I just can’t control myself over her. The promises which she made me were gone... But still I stand for her, for what I promised. I begged the girl like anything not to leave me alone. I just can’t digest that she won’t be no more for me. N number of the times I used to tell her that You are my first priority over all in my life, like family, siblings, money, career and what not. Most of the times I told her that I’ll commit suicide for you if I come to know that you are not there for me. It doesn’t mean that I am an emotional fool who does not know how to live or unable to get another girl. But you have such significance in my life. I elaborated as much as I can. But she never listened me. I am just wonder where was her sweet words ‘n’ promises, what’s the reality now? I am upset with me -- where was original me and who I am now without self-respect. My parents ‘n’ siblings are forcing me to give up on her. As per them, she is just a golddigger and cheater without love and trust... My mind n heart never ever forgets her. Don’t know the future. But many times I pray God to kill me in sleep itself without pain so I can reach Venkateshwara... Entire world is against that girl, but I am defending her at every passing moment. Human beings invented many amazing things. My wish is we should be available with tablets or injection which can erase memories which belongs to particular person or for particular time in life... The real enemy to the human beings is LOVE.... Finally I am just waiting for my death... I knew that she won’t realise even if I die also. But I should sleep forever and ever just because for the crime I did love her.... Dear Bujji, it’s for you. I am also a human being as like U. As like your mother, even my mother has given birth to me. Finally, no words.... I am alone... Memories are hunting me.... chasing me... Love Guru, please publish this story as it is. Because someone may going through hell with similar story at least they will read the Q&A as well. Love Guru... I hate me... I do have all with me -- good health, 21 LPA job now, stabilised family and friends ‘n’ family circle... But this bloody struggling to get her love amongst the 7 billion people on this Earth... Love Guru, I feel that I lost. I am feeling low... I got cheated by her... Finally I am nothing to her. Dear readers, don’t think that why this fool is suffering for a girl like this.... I have seen her my GODDESS... Thank you... Have a nice day…
Ans:

You’ve needlessly wound yourself up over a silly girl.

You don’t even sound like you’ve had a physical relationship, it was only long distance, so what are you getting so out of joint for? A few intimate conversations with someone who said one thing but meant another?

If things in your life are spiralling so much out of control, I’d suggest therapy.

Stop drinking before it becomes a real problem. It sounds like you’re doing this to yourself deliberately, so that you receive some attention from her.

But the more you do this, the worse the situation will get. And no woman wants an out-of-control, desperate, alcoholic lover!

For heavens’ sake, man, get a hold of yourself and, if you can’t, then get the professional help you need. 

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Aug 05, 2022

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Relationship
Hi Anu, I have one question in mind need suggestion from you, please guide me.I am 42 year old and married I have two kids as well. My married life is all good and peaceful and I love my family lot.20 years ago when I was in college I was in love with a girl, she did not like me that time but from my side it was very pure love. I loved her so much.She was aware of that. We lost touch in 2004. Now she is also 42 and married with two kids.During Covid in 2020, we again got connected on LinkedIn and started talking. I expressed my love. she understood, respected and valued it now.She is still waiting for someone else and doesn’t feel complete with me. She is honest about her feelings and communication.She told me she considers me only as a friend but above all and everything in life.But many times she shows love and lots of affection, caring attitude. She always says that I am more than anything else in life to her and she does not want to lose me as well.She wants me to remain with her as she feels I am her strong support system.She shares everything with me and I do the same. Sometimes I feel I shall come out from this but at times I feel I don’t want to leave her as she looks very depressed.May be from her past break up or something else but I do not have the courage to ask her.What shall I do here? Please guide. What is your best suggestion?
Ans:

Dear AK,

It’s a nice convenient connection.

Why don’t you stick to the way it is rather than expect it to be something different? Expectations can be disappointing and may spoil what already exists.

As humans, we fail to see and experience what we have and constantly crave for the things that we don’t have, don’t we?

The two of you are fond of each other but to project your feelings from the past onto the current scenario might unnecessarily cause a ruffling of feathers.

Will it be wise for you to accept things the way they are now? Enjoy the company and chats/calls the way they are? And be grateful that you can be a good support system to one another?

Is it possible for you to do this?

Respect her wishes when she says that she wants you as a friend and try not to read much into her actions.

If the fact that she is getting close to you is going to be decoded as being more than a friend, you need to watch out as your thoughts could lead to a major letdown for yourself and for her as well.

Pause, take it all in the way it is and accept it gracefully…

All the best!

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Aug 05, 2022

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Relationship
Hi Anu, I have one question in mind need suggestion from you, please guide me.I am 42 year old and married I have two kids as well. My married life is all good and peaceful and I love my family lot.20 years ago when I was in college I was in love with a girl, she did not like me that time but from my side it was very pure love. I loved her so much.She was aware of that. We lost touch in 2004. Now she is also 42 and married with two kids.During Covid in 2020, we again got connected on LinkedIn and started talking. I expressed my love. she understood, respected and valued it now.She is still waiting for someone else and doesn’t feel complete with me. She is honest about her feelings and communication.She told me she considers me only as a friend but above all and everything in life.But many times she shows love and lots of affection, caring attitude. She always says that I am more than anything else in life to her and she does not want to lose me as well.She wants me to remain with her as she feels I am her strong support system.She shares everything with me and I do the same. Sometimes I feel I shall come out from this but at times I feel I don’t want to leave her as she looks very depressed.May be from her past break up or something else but I do not have the courage to ask her.What shall I do here? Please guide. What is your best suggestion?
Ans:

Dear AK,

It’s a nice convenient connection.

Why don’t you stick to the way it is rather than expect it to be something different? Expectations can be disappointing and may spoil what already exists.

As humans, we fail to see and experience what we have and constantly crave for the things that we don’t have, don’t we?

The two of you are fond of each other but to project your feelings from the past onto the current scenario might unnecessarily cause a ruffling of feathers.

Will it be wise for you to accept things the way they are now? Enjoy the company and chats/calls the way they are? And be grateful that you can be a good support system to one another?

Is it possible for you to do this?

Respect her wishes when she says that she wants you as a friend and try not to read much into her actions.

If the fact that she is getting close to you is going to be decoded as being more than a friend, you need to watch out as your thoughts could lead to a major letdown for yourself and for her as well.

Pause, take it all in the way it is and accept it gracefully…

All the best!

 

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Ravi

Ravi Mittal  |187 Answers  |Ask -

Dating, Relationships Expert - Answered on Oct 25, 2023

Asked by Anonymous - Oct 24, 2023Hindi
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Relationship
Am 54+ and I am in Love with a Women who is 31 years Younger Than me but, we haven't expressed yet that we love each of us she calls me as Kaka i had helped her during her bad times in 2021 after she had got Covid-19 and her parents don't wanted her to be with her as she approached me and told me to keep her with me for the time being till the situation gets normal after discussion how can I as am married single and alone and my daughter living with my in-laws to accomplish her studies in the mean time the girl have'nt disclosed the age but now when I asked about her age then only she told the age. Now what to do I really love her but am afraid (because of unknown of her age she was Looked like Minor in her behavioral nature) of how to convince that I Love her since last 2 years. We get together in City only for Cafeterias Long Drives and also Am taking the class how to Ride Bike (Scooty). Am her Pillon on Back to control I feel As if am with my Wife as she ( of her Pure and Innocent Soul) is no more since she met with an Fatal Car Accident in 2013. What ot do I don't want to Loose her and also Can't Leave without Her. I Also Insisted her to introduce to Her Parents but she says no. And want to clear that we are not in Physical Relationship only pure Soulful relationship. Pl. Reply GURU
Ans: Dear Anonymous,

From your question, I am assuming that she isn't showing the same interest in you. That makes my advice very simple- please leave her alone. You might feel a hundred things about her, but she might not feel the same way. You have every right to love and be loved, but not with this person whom you think might be too young for you. And even if she reciprocates it someday, I would like for you to understand that she doesn't have the emotional maturity of a full-grown adult. Find someone your age, with your maturity level. Let her be; she has her entire life ahead of her and your feelings will do her no good.

There are plenty of women looking for a genuine relationship. It will certainly be best for both of you if you consider dating those women who can give you the right kind of company and emotional support.

Best Wishes.

..Read more

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Ramalingam

Ramalingam Kalirajan  |1933 Answers  |Ask -

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

Asked by Anonymous - Apr 12, 2024Hindi
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Money
Please guide us on Health insurance and term insurance policy ?
Ans: Let's delve into the importance of health insurance and term insurance policies in securing your financial well-being:

Health Insurance:

Health insurance is a crucial aspect of financial planning, providing coverage for medical expenses arising from illness or injury.
It safeguards you and your family against the financial burden of healthcare costs, ensuring access to quality medical treatment without depleting your savings.
Choose a comprehensive health insurance policy that offers coverage for hospitalization, pre and post-hospitalization expenses, outpatient treatments, and critical illnesses.
Consider factors such as coverage limit, network hospitals, co-payment clauses, and waiting periods before selecting a policy.
Regularly review your health insurance coverage to ensure it remains adequate for your evolving healthcare needs, especially as you age.
Additionally, consider purchasing a health insurance policy with lifelong renewability to secure coverage in the long term.
Term Insurance:

Term insurance provides financial protection to your family in the event of your untimely demise, ensuring they can maintain their standard of living even in your absence.
It offers a high sum assured at an affordable premium, making it a cost-effective way to secure your loved ones' financial future.
Opt for a term insurance policy with a sum assured that adequately covers your family's financial needs, including outstanding debts, future expenses like education and marriage, and income replacement.
Choose a policy with a flexible tenure that aligns with your financial obligations and life stage. Consider opting for a longer tenure if you have dependents or financial liabilities that may extend into the future.
Regularly review your term insurance coverage to ensure it remains sufficient, especially during significant life events such as marriage, childbirth, or career advancements.
By investing in both health insurance and term insurance policies, you can protect yourself and your loved ones from unforeseen financial setbacks and secure a peaceful future.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |1933 Answers  |Ask -

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

Ramalingam

Ramalingam Kalirajan  |1933 Answers  |Ask -

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

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Money
I will retire this year at the age of 63. Will have a corpus of around 3 crores out of which I want to have a yearly return of at least 18 lakhs to take care of monthly expenses. How do you suggest to invest ??
Ans: Congratulations on reaching this significant milestone of retirement! With a corpus of 3 crores and a goal of generating an annual income of 18 lakhs, thoughtful investment planning is key. Here's a tailored approach to help you achieve your financial objectives:

Diversify your investments across various asset classes, including equities and fixed income securities, to mitigate risk and enhance returns.

Allocate a portion of your corpus to actively managed equity funds. These funds have the potential to outperform the market, especially during periods of market inefficiencies, offering you the opportunity for higher returns.

Avoid direct funds investing. They may require active management, expertise, and time, which could be challenging, especially during your retirement phase. Instead, consider investing through a Certified Financial Planner (CFP) who can guide you in selecting the right mutual fund distributors (MFDs).

Fixed income investments such as bonds and debt mutual funds can provide stability and regular income. Allocate a significant portion of your corpus to these instruments to meet your income requirements.

Regular review and rebalancing of your portfolio are essential to ensure it remains aligned with your financial goals and risk tolerance. Consider periodic consultations with your CFP to make any necessary adjustments.

Stay informed about market trends and economic developments. Keeping yourself updated will empower you to make informed decisions regarding your investments.

Remember, investing is a journey, and it's essential to remain patient and disciplined. With careful planning and prudent investment decisions, you can enjoy a financially secure retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |1933 Answers  |Ask -

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

Asked by Anonymous - Apr 12, 2024Hindi
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Money
Hello sir.. I am 37 years old. Dont have any investiments as of now.. I can invest 15k per month for long term. Please suggest me some SIP OPTIONS Which suits for me
Ans: It's great that you're considering investing for the long term at 37. SIPs (Systematic Investment Plans) are an excellent way to start building wealth gradually. Here are some suggestions for SIP options that could suit you:

Diversified Equity Funds: Opt for SIPs in diversified equity funds that invest across various sectors and market capitalizations. These funds offer growth potential over the long term while spreading risk across different segments of the market.

Large Cap Funds: Consider investing in large-cap funds, which primarily focus on well-established companies with a track record of stable performance. These funds offer relatively lower risk compared to mid and small-cap funds while still providing opportunities for growth.

Multi-Cap Funds: Multi-cap funds invest in companies across the market capitalization spectrum, offering a balance of growth and stability. These funds adapt to changing market conditions, making them suitable for long-term investors seeking diversification.

Balanced Funds: If you prefer a balanced approach, consider SIPs in balanced funds, which invest in both equities and debt instruments. These funds offer a mix of capital appreciation and income generation, making them suitable for conservative investors.

Sectoral Funds (Optional): If you have a strong conviction about a specific sector's growth potential, you may consider SIPs in sectoral funds. However, keep in mind that sectoral funds carry higher risk due to their concentrated exposure.

When selecting SIP options, consider factors such as your risk tolerance, investment goals, and investment horizon. Additionally, review the fund's track record, fund manager's expertise, and expense ratio before making a decision.

Remember, consistency and patience are key when investing through SIPs. Stay committed to your investment plan, and over time, you can potentially build a significant corpus for your future financial goals.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |1933 Answers  |Ask -

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

Asked by Anonymous - Apr 13, 2024Hindi
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Money
I am 45 and in a transferable job changing location every few years. I own a house at a location which has not come up the way I had expected. I am renting out the house at a monthly rental of 20000. I want to move out of the present location so I am considering about selling my house. I can expect around 1 Cr for the house. After paying away the loan and tax, I expect to have 65-70 lacs with me. With the going prices, I may not get a suitable house at a location of my liking. Therefore, I was thinking of investing the amount in an index fund for a period of 15 yrs and build a corpus using which I can buy a house then when I am ready to settle down. My family comprises of wife and three school going kids. Is it advisable to follow through the thought process. Kindly advise.
Ans: Considering your circumstances, investing the proceeds from selling your house in an index fund for a period of 15 years could be a prudent approach to building a corpus for future property purchase. Here's a breakdown of the considerations:

Transferrable Job: Given your job's nature, investing in a property at your current location may not be feasible or advisable due to potential frequent relocations. Therefore, investing in financial assets like an index fund offers flexibility and liquidity, allowing you to access funds when needed, irrespective of your location.

Rental Income: While renting out your current property generates monthly income, if the location hasn't appreciated as expected and you plan to move, selling the property could unlock a significant sum. Investing the proceeds can provide long-term growth potential, ensuring financial stability for your family.

Index Fund Investment: Index funds offer diversification and long-term growth potential by tracking a market index's performance. Over 15 years, you can benefit from compounding returns, potentially building a substantial corpus for future property purchase.

Actively managed funds aim to outperform the market through active stock selection and portfolio management, while index funds passively track a specific index's performance.
Benefits of Actively Managed Funds:
Actively managed funds offer the potential for higher returns compared to index funds, especially during market inefficiencies or when skilled fund managers can identify lucrative investment opportunities. Additionally, active management allows for flexibility in portfolio construction and adjustments based on market conditions.
Potential Disadvantages of Index Funds:
While index funds offer low expense ratios and broad market exposure, they may lack the potential for outperformance compared to actively managed funds. Additionally, they're subject to tracking error, which occurs when the fund's performance deviates from the index it's designed to replicate.

Family Considerations: As your family comprises your wife and three school-going kids, ensuring financial security and stability is paramount. Investing in an index fund aligns with your long-term financial goals and can provide for your family's future needs, including housing.

Market Volatility: While index funds offer attractive benefits, it's essential to be aware of market volatility and fluctuations. However, over a 15-year period, market ups and downs tend to balance out, and investing systematically through SIPs can mitigate timing risks.

Financial Planning: Consider consulting with a Certified Financial Planner to develop a comprehensive financial plan tailored to your specific goals and circumstances. They can help assess your risk tolerance, optimize your investment strategy, and ensure alignment with your long-term objectives.

In conclusion, investing the proceeds from selling your house in an index fund for future property purchase is a sound strategy, considering your job's transferable nature and desire for flexibility. With careful planning and a long-term perspective, you can work towards building a substantial corpus to secure your family's housing needs.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |1933 Answers  |Ask -

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

Asked by Anonymous - Apr 13, 2024Hindi
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Money
Me and my wife have been separated for 3 years now. We have a joint locker in a bank. My wife has the key to the locker, and bank records show that she has operated the locker 2 years ago. As i am paying the rent for the locker i would like to surrender the locker, but she refuses to give up the key. What are my options in this case, if i stop paying the locker rent what will happen.
Ans: I understand the challenging situation you're facing regarding the joint locker in the bank. It's essential to navigate this issue with clarity and consideration for both parties involved.

Given that you've been separated for three years and your wife holds the key to the locker, it's important to communicate openly and attempt to reach a mutual agreement regarding the disposition of the locker.

However, if your wife refuses to cooperate and surrender the key, you still have options:

Legal Consultation: Seek legal advice to understand your rights and options concerning the joint locker. A legal expert can provide guidance on how to proceed based on the specifics of your situation and applicable laws.

Bank Communication: Initiate a dialogue with the bank to discuss the situation and explore possible solutions. Banks typically have procedures in place for handling joint accounts and lockers in cases of dispute or separation.

If you decide to stop paying the locker rent without resolving the issue:

Potential Consequences: The bank may take action to secure the contents of the locker, such as sealing it or transferring the contents to a secure location. They may also levy penalties or fees for non-payment of rent.

Legal Implications: Non-payment of locker rent could lead to legal ramifications, including potential legal proceedings initiated by the bank to recover unpaid fees or resolve the situation.

It's advisable to approach this matter with sensitivity and seek a resolution that prioritizes both parties' interests and respects any legal obligations. Open communication, legal guidance, and cooperation with the bank can help navigate this challenging situation effectively.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1933 Answers  |Ask -

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

Asked by Anonymous - Apr 24, 2024Hindi
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Money
Should I buy a house in new tower or old building
Ans: There are pros and cons to both new towers and old buildings, so the best choice for you depends on your priorities. Here's a breakdown to help you decide:

New Tower:

Pros:

Modern amenities: New towers often come with modern amenities like gyms, swimming pools, security features, and high-speed internet.
Energy efficiency: Newer buildings are typically built with energy-efficient features that can save you money on utilities.
Lower maintenance: You'll likely face fewer immediate maintenance needs with a new building.
Warranty: New builds often come with warranties that cover repairs for a set period.
Cons:

Higher cost: New towers typically cost more per square foot than older buildings.
Less character: New buildings may lack the character and charm of older buildings.
Construction noise: If the building is under construction, you may have to deal with noise and dust.
Waiting time: If the building is not yet completed, you may have to wait to move in.
Old Building:

Pros:

Lower cost: Generally, older buildings are more affordable than new builds.
Character: Older buildings often have unique architectural features and a sense of history.
Mature neighborhood: You may be located in a more established neighborhood with amenities like parks and shops.
Move-in ready: You can likely move in right away, unless renovations are needed.
Cons:

Higher maintenance: Older buildings may require more frequent repairs and updates.
Lower energy efficiency: Older buildings may be less energy-efficient, leading to higher utility bills.
Fewer amenities: Older buildings may not have the same amenities as new towers.
Potential hazards: Some older buildings may have lead paint, asbestos, or other safety hazards.
Here are some additional factors to consider:

Your lifestyle: Do you value modern amenities or a charming historic feel?
Your budget: How much can you afford to spend on a house?
Your timeline: Do you need to move in right away?
The specific property: Research the condition of the building and the reputation of the neighborhood in both cases.
Ultimately, the best way to decide is to visit several properties of both types and see which one feels more like home to you.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1933 Answers  |Ask -

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

Asked by Anonymous - Apr 24, 2024Hindi
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Me and my wife both have PPF investing since 2013 (25lacs each),NPS investing 50k per year and sometime lumpsums each since 2015 - 11 Lacs each, in mutual funds- 71 lacs corpus made till date...SIPs going on 36k per month in large,mid and small caps as well as index funds, have a jeevan shanti policy of 50 lacs(26.5 k pension coming per month),SGB- 15 Lacs(invested this year),House rent income-130000/-(per month),have term plans adequately and life insurances too..have adequate health insurance.What will be my corpus after 18 years from now and how can i earn another 1 lakh per month from my present investments..please suggest.
Ans: I must commend you and your wife on your disciplined approach towards financial planning. It's evident that you've made significant strides in securing your financial future, and I'm here to help you further optimize your investments.

Given your current portfolio, which includes PPF, NPS, mutual funds, Jeevan Shanti policy, SGB, and rental income, you've built a robust foundation for long-term wealth creation. Your diversified investment strategy reflects foresight and prudence.

To project your corpus after 18 years and achieve an additional monthly income of 1 lakh, we'll need to assess your current investments' growth potential and explore avenues for augmenting your income streams.

Considering the historical performance of your investments and assuming a reasonable growth rate, your corpus after 18 years could substantially exceed your current holdings. However, it's crucial to periodically review and adjust your portfolio to align with changing market dynamics and your evolving financial goals.

To generate an additional monthly income of 1 lakh, we can explore several options:

Increasing SIP Contributions: Gradually increase your SIP contributions in mutual funds, focusing on income-oriented funds and dividend-paying stocks to enhance your monthly income stream.

Systematic Withdrawal Plans (SWP): Implement SWPs from your mutual fund investments to generate a regular stream of income while preserving the principal amount.

Dividend Income: Optimize your investment portfolio to prioritize investments that offer consistent dividend income, such as dividend-paying stocks or equity mutual funds.

Rental Income Enhancement: Explore opportunities to increase the rental income from your properties through renovations, strategic pricing, or acquiring additional rental properties.

Annuity Options: Consider exploring annuity options from your existing investments, such as NPS or Jeevan Shanti policy, to secure a guaranteed income stream post-retirement.

By leveraging a combination of these strategies and staying committed to your long-term financial goals, you can work towards achieving your desired corpus and generating an additional monthly income of 1 lakh.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1933 Answers  |Ask -

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

Asked by Anonymous - Apr 24, 2024Hindi
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I will retire in 3 years ,in june 2027 & will have a corpus of around 3.5 Cr invested in PPF, EPF ,Supper Annuation Fund & MF . I live in my own flat ,currently market value of Rs 1.8 Cr . I also have an inherited flat from my parent valued at Rs80 lakhs . I need a monthly income of Rs 2.0 lacs after retirement . Please suggest way to invest
Ans: Congratulations on your impending retirement and the substantial corpus you've accumulated across various investment avenues. Planning for a comfortable post-retirement income is essential, and I'm here to offer guidance on how to achieve your financial goals.

With a corpus of around 3.5 crores invested in PPF, EPF, Superannuation Fund, and mutual funds, you have a solid foundation for retirement. Additionally, owning your own flat with a market value of Rs. 1.8 crores and an inherited flat valued at Rs. 80 lakhs provides further financial security.

To generate a monthly income of Rs. 2.0 lakhs after retirement, you'll need to ensure your investments are structured to provide a consistent stream of income while preserving capital for the long term.

Given your investment horizon of 3 years until retirement, it's crucial to adopt a balanced approach that combines both growth and income-generating assets. Here are some suggestions:

Dividend-Paying Mutual Funds: Allocate a portion of your corpus towards dividend-paying mutual funds, focusing on both equity and debt funds. These funds provide regular income through dividend payouts while also offering the potential for capital appreciation.

Systematic Withdrawal Plans (SWP): Consider setting up SWPs from your mutual fund investments to meet your monthly income requirement post-retirement. SWPs allow you to withdraw a fixed amount periodically, ensuring a steady stream of income while keeping your investments intact.

Rental Income: Utilize the rental income from your inherited flat to supplement your monthly income post-retirement. If feasible, you may also explore renting out a portion of your own flat to generate additional income.

Fixed Deposits and Bonds: Allocate a portion of your corpus towards fixed deposits and bonds to provide stability and ensure liquidity. Opt for instruments with varying maturities to create a ladder that aligns with your income needs.

Real Estate Investment Trusts (REITs): Consider investing in REITs, which offer exposure to income-generating commercial real estate properties. REITs provide regular dividends and the potential for capital appreciation, enhancing your overall income stream.

Regular Review and Adjustment: Regularly review your investment portfolio and make necessary adjustments to ensure it remains aligned with your financial goals and risk tolerance. Consider consulting with a Certified Financial Planner to optimize your investment strategy and navigate the complexities of retirement planning.

By diversifying your investment portfolio across multiple asset classes and implementing income-generating strategies, you can work towards achieving your goal of a monthly income of Rs. 2.0 lakhs post-retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |1933 Answers  |Ask -

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

Asked by Anonymous - Apr 26, 2024Hindi
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I am unable get back my money from SS EQUITRADE, lodged complaint in Cybercrime on 8th April 2024, but no satisfactory answer was received. Only upto 15/04/24 received messages 1.36% was put on hold. During 16/4/24 to 26/04/24 no any messages came. Please suggest what to do?
Ans: I'm sorry to hear you're having trouble getting your money back from SS Equitrade. Here are some steps you can take:

Follow up with Cybercrime: Since you filed a complaint with Cybercrime on April 8th, 2024, it's important to follow up with them for an update on your case. They may be investigating SS Equitrade and may need more time. Try calling them or checking their website to see if there's a way to track the status of your complaint.

Contact SS Equitrade: Try contacting SS Equitrade directly. Explain the situation and request that they release your funds. If you've already done this, try again. Be persistent and document all your communications with them.

Consider legal action: If you're unable to get a resolution from SS Equitrade or Cybercrime, you may want to consider taking legal action. This can be expensive and time-consuming, so it's important to weigh the costs and benefits before deciding. Speaking with a lawyer who specializes in financial matters can help you determine the best course of action.

Here are some additional tips:

Gather all your documentation related to your account with SS Equitrade, including any communications you've had with them.
Keep copies of all your communication with Cybercrime as well.
Be polite but firm in your communications with SS Equitrade and Cybercrime.
This is a difficult situation, and I understand your frustration. I hope these suggestions help you get your money back.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

...Read more

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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