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Anu

Anu Krishna  |1293 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jul 21, 2023

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 - Jul 17, 2023Hindi
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Relationship

My daughter is suffering from schizophrenia. She is 25 years old. Is is curable. When she takes medicines her behaviour is about normal and when not her normal behaviour changes. Suggest way to treat the problem.

Ans: Dear Anonymous,
(Disclaimer: The suggestions made below can be implemented only after a nod from your daughter's doctor who will know whether Mindfulness practices have any contra-indications in people with schizophrenia. Any suggestions here are to be followed under strict advice from her doctor and under his/her supervision only. Also any suggestion here is not a substitute for prescribed medication that she she is taking).

I do understand your anxiety as a parent. But there is no known cure for schizophrenia according to medical sciences.
Medicines help with the symptoms and triggers but also I can suggest that she go for a Mindfulness Course. It will help her regulate her breath which can calm the mind and body. It will also facilitate thought-behavior loop which will go a long way in possibly managing the mind. But medicines must be taken as per the doctor's instructions.

All the best!

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Anu

Anu Krishna  |1293 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Feb 27, 2023

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Relationship
My wife has schizophernia and mood disorder, married in 2008 we dont know about this and in laws didnt tell us too. I have 2 children 12 and 5. She is sitting all day in room and doing nothing. Eating in odd hours no hygeine My mother looking after the kids. Socially we cannot go anywhere as 1 person need to look after her. We are ging her medicine for last 12 years but nothing happenin What should i do, i am working in private sector and worried about kids
Ans: Dear Verma,
I assume that she has been clinically diagnosed as having schizophrenia. And if yes, it entails a lot of lifestyle changes for the family member/s. I have seen close family friends go through a lot of adjustments when one of their own has been clinically diagnosed. Here is a list that might help you get a grip of the situation:
1. Educate yourself completely on the condition, so you approach the situation not out of worry but with care and caution. You can safely rely on books available on this rather than search the Internet
2. Sit the family down (includes your parents and her parents and siblings if any). Appraise them of the diagnosis, educating them on what you already know
3. Bringing yourself to the understanding that life maybe a bit different in your home in terms of managing your spouse, but with the right care and love, this isn't impossible
4. Talk to your children separately and tell them that no matter what, they are always loved by you and their Mother
5. Involve the families not to come and mope around cursing their luck, but to be of help and support to you and the children
6. Make sure that the medications prescribed by the doctor are been regularly taken by your wife
7. Accept the fact that you may not always be able to take her into social events and gatherings. There is nothing to be ashamed of.
If anyone asks you, just tell them. Own the truth, it will shut many mouths. After all, you are her biggest support.
Lastly and most importantly, take care of yourself as well. Most often caregivers forget that they exist. Create a strong circle of friends and meet up as often as you can. Develop a new hobby that can help de-stress and calm you to deal with what's at hand.

It may seem like a lot, but I am sure it will give you a start point to taking charge rather than staying muddled.

Best wishes!

..Read more

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Milind

Milind Vadjikar  |650 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 17, 2024

Asked by Anonymous - Nov 14, 2024Hindi
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Money
Hello finance guru, I am 45 years old , with 2 kids. I live in a Tier-1 city with ~49 Crores of networth. This includes ~12 crores of investment in real estate (land and a flat at a prime location), ~34 crores in equity, ~1 Cr in Crypto and ~2 Cr in cash. I work in a pharmaceutical firm in an executive role and planning to retire in the next 1 year. My knowledge on finances is average and would like to seek your advise. I would like to generate ~2.5 lakhs per month for expenses from my savings and would like to double my networth in the next 7 years. Could you provide me help on the directions I can take to make this working?
Ans: Hello;

Deducting the real estate and crypto investments from your networth, we have 36 Cr.

You may invest 4 Cr each in 2 equity savings type mutual funds and 2 conservative hybrid debt oriented mutual funds.

If you do a 3% SWP from each of these funds you may expect a monthly payout of around 2.8 L (post-tax).

These funds generally yield 8-9% returns so they will continue to provide inflation adjusted income to you.(6% inflation rate considered)

Balance remains around 20 Cr, while 2 Cr may be retained as liquid fund for contingency requirement, the balance 18 Cr you may invest in combination of mutual funds, PMSs and AIFs.

As you enter retirement phase your focus should shift from "maximising returns" to "decent returns with moderate risk" since return of capital is more important than return on capital.

Happy Investing;
X: @mars_invest

*Investments in mutual funds are subject to market risks. Please read all scheme related documents carefully before investing.

...Read more

Milind

Milind Vadjikar  |650 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 17, 2024

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Money
Dear Sir, I am 53 yrs. I want to retire @60 with a INR 2.00 Cr Corps. Currently I have following SIP Total SIP 30000/- PM Axis Bluechip Fund - Regular Plan - Growth HDFC Mid-Cap Opportunities Fund - Growth Plan Aditya Birla Sun Life Pure Value Fund - Growth Option Aditya Birla Sun Life Equity Advantage Fund - Regular Growth Sundaram Mid Cap Fund Regular Plan - Growth Bajaj Finserv Flexi Cap Fund -Regular Plan-Growth Franklin India Focused Equity Fund - Growth Plan Franklin India Smaller Companies Fund-Growth HDFC Top 100 Fund - Growth Option HDFC Multi Cap Fund - Growth Option I have MF Investment @ 26.00 Lakh Current Value is @ 52.00 Lakh. I have Savings of Rs. 10.00 Lakh, PPF Rs. 5.00 Lakh, Share investment Current Market Value around Rs. 20.00 Lakhs. I don't have any Loan. Insurance INR 1.50 Cr. up age of 70. Per month earning around Rs. 1.25 Lakh. I have a Investment in real estate which can give my INR 40.00 Lakh at current Market Price & Gold Investment of INR 20.00 Lakh which I think sufficient for my daughter Marriage. Current Monthly Expense INR 40-50 K. I am in a new tax regime, so discontinue my ELSS saving and PPF Saving. Suggest how i can increase my Corpus for retirement.
Ans: Hello;

You may top-up your monthly sip by 10% every year for 7 years. This will grow into a sum of around 0.51 Cr.

The MF corpus and direct equity holdings worth 0.72 Cr today will grow into a corpus of 1.59 Cr after 7 years.

Therefore you may achieve your intended corpus of 1.59+ 0.51=2.1 Cr, 7 years from now. A modest return of 12% is assumed from MF and direct equity holdings.

2-3 years before 60 you should start moving your gains from equity funds to liquid or ultra short duration debt funds to protect it against market volatility.

Also good health care insurance for yourself and your spouse.

RE property you may sell at a later date to boost your retirement income.

Happy Investing;
X: @mars_invest

...Read more

Milind

Milind Vadjikar  |650 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 17, 2024

Milind

Milind Vadjikar  |650 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Nov 17, 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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