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Kanchan

Kanchan Rai  |183 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 24, 2024

Kanchan Rai has 10 years of experience in therapy, nurturing soft skills and leadership coaching. She is the founder of the Let Us Talk Foundation, which offers mindfulness workshops to help people stay emotionally and mentally healthy.
Rai has a degree in leadership development and customer centricity from Harvard Business School, Boston. She is an internationally certified coach from the International Coaching Federation, a global organisation in professional coaching.... more
Asked by Anonymous - Apr 16, 2024Hindi
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Relationship

I got married three months ago, during courtship period my ex was in my office but then my marriage wasn't fixed properly ,when it got yeses from both the side I changed my office,but I couldn't tell this to my husband and also I lied about my virginity,he was also not virgin and after marriage I confessed all this ,now he is not forgiving me for my dishonesty and not letting me come home also he abuse me verbally ,slapped me..I also feel like cheated for not letting me know this side of him before marriage..How should I go ahead?

Ans: I'm truly sorry to hear about the difficulties you're facing in your new marriage. It's concerning to hear that you're experiencing verbal abuse and physical violence from your husband. No one deserves to be treated this way, and it's important to prioritize your safety and well-being.

First and foremost, if you are in immediate danger or feel unsafe, please reach out to local authorities or a trusted friend or family member for support. Your safety is paramount.

In terms of next steps, it's essential to seek support and assistance from professionals who can help you navigate this situation. Consider reaching out to a therapist or counselor who specializes in relationships and domestic violence. They can provide you with guidance, support, and resources to help you make informed decisions about your next steps.

Additionally, you may want to consider reaching out to organizations or hotlines that specialize in supporting individuals experiencing domestic violence. They can offer confidential support, safety planning, and resources to help you leave the abusive situation and rebuild your life.

It's also crucial to recognize that you are not responsible for your husband's abusive behavior, and you deserve to be treated with dignity and respect in your marriage. If your husband is unwilling to seek help or change his behavior, it may be necessary to consider your options for leaving the relationship to ensure your safety and well-being.

Leaving an abusive relationship can be challenging, but you don't have to face it alone. There are people and resources available to support you every step of the way. Please prioritize your safety and take steps to protect yourself from further harm. You deserve to live a life free from abuse and violence.

You may like to see similar questions and answers below

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Apr 21, 2022

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 Hi Anu Mam, I am married for 4 and half years now and have a 3 YO daughter. It was an arranged marriage and the families were not familiar before.My husband started behaving very rude to me since my delivery. He verbally abused me a lot and finally I felt something was not right and opened up to my parents, that I cannot live with him, after 3 years of the marriage.My parents supported me and took care of my daughter and me for a year, after which my husband's family convinced me to move back in with him. When I came back to him I realised he has been cheating on me with his colleague since before my delivery. When I probed the issue further, without his knowledge, I got to know that he was a polygamous person for 10 years before marriage. And this shook me. I also got to know he is meeting one of his female friends after work hours, lying to me. He used to lie to me that he's going out for work and talk to his other female friend on phone for an hour or so, once every 2-3 days.He watches porn every day.I slowly realised he was just exploiting me for his physical needs.Our relationship turned cold within 3 months of restarting it.I was not happy being with him. I knew he was still cheating me, but he never obliged when I confronted.I could not let him even touch me.Finally, out of his frustration, he physically attacked me in front of our daughter, tried to strangulate my throat, but by god's grace I could save myself.That day, 30th of August 2021, I left that place with my daughter and came back to my parents.I filled a domestic harassment complaint against him, for which we're attending counselling sessions now.I cannot think of a life with him anymore.I have made up my mind to file an FIR against him soon.I must say I'm at peace now.But I still have a lot of anguish whenever those thoughts cross my mind. Is there a way where I can make peace with my past?
Ans:

Dear VT,

Physical abuse is an absolute NO and so is emotional abuse. I am glad that you have decided to end this misery for yourself and your daughter.

Please proceed with the FIR and also seek help on filing divorce if that is something that you have considered.

On the emotional part of it, it will take a toll on you and your health as you are unprepared at this moment. So start by:

1. Visualizing your life without him by your side

2. Working out granular details like finances and where you will live

3. Chalking out a plan of how your daughter will be cared for if you choose to start working

4. Listing down which close family member will be by your side (emotionally) always

As daunting as this may seem, it is possible to be in a space of strength which you already have experienced and move ahead to a better life.

And as you do this, do remember that you are important, so take care of your thoughts and feelings as well.

  • Spend time in Nature observing and appreciating
  • Surround yourself with people and friends who care and love you unconditionally
  • Exercise and eat well
  • Pamper yourself by caring for your physical appearances
  • Do what you love every day at least for 30 minutes

Situations maybe tough to handle but building strength within at the right time is what is the need of the hour.
I wish you the best in life always.

..Read more

Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Jul 04, 2022

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Hi Anu, 3 years before marriage I was in a relationship with someone who asked for my hand for marriage and I was impregnated by him but he went away leaving me devastated. This incident is somehow known to my husband after 1.5 years of our marriage. At the same time a girl in his office proposed him knowing that he is married and my husband is getting attached to her. He is always talking to her romantically and justifying his affair from my past mistake and it makes me mentally and physically very weak. He is very rude. How to handle the situation since both our families are involved and are not letting us to get divorced also.
Ans:

Dear Anonymous,

I understand that he is hurt but how convenient! Things happen, like the way it happened to you before marriage.

But to use that as an excuse to have an affair is very convenient. He needs to look at the situation for what it is now and work with that.

It’s great that the families are involved. The elders in the family can now act as a good mediator to bring the two of you to the discussion table.

Your husband possibly is hurt from your situation before your marriage.

Keeping these kinds of things can draw a wedge in the marriage. He now needs to recover from that before he can be a husband to you in the marriage.

When he found out, how did you deal with it?

That is very crucial to understand as all his actions are stemming from the fact that the situation is unresolved in the mind, and he feels victimized and turns to another woman to feel some sense of normalcy.

As much as it seems disturbing and inappropriate, the fact that it was hidden from him is disturbing him.

So, work with this and as families let this be handled delicately, so that he begins to trust you all over again.

Till then be patient…

All the best!

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Anu

Anu Krishna  |839 Answers  |Ask -

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

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Dear Anu,I want a solution for my problem that is the result of my imagination (probably).My husband would travel along with his two office team mates in his car daily.One male and one female.The male member met with an accident and the lady continued going with my husband. I developed a fear and some sort of insecurity about the two of them. Things started becoming worse day by day. Regular fights, arguments have become a daily routine. I just wanted him to stop travelling with that Lady but he couldn't oblige to it saying it will hurt his image in office. I couldn't tolerate it and made a call (though caught by husband) to that lady. She understood my problem and stopped going with him.His other team mates started asking the reason for the same. He couldn't digest it and even beaten me. He also started consuming alcohol just to abuse me and shout at me.I convinced that lady to start travelling again with himThen somehow he accepted me.I do understand the things but still I feel he had cheated upon me. I feel lonely and helpless PS
Ans:

Dear PS,

This is an unfortunate turn of events for a situation that needed an open communication between the two of you.

Now, why you were insecure or why your husband didn’t want to see your perspective is anybody’s guess! But nothing justifies his beating you.

And as for his alcohol consumption, it his choice to weaken his senses even further and not wanting to face the situation at hand. And it makes no sense whatsoever when you say that after the lady started to travel with him, he accepted you.

Why does he need another person to step in to accept you? This all points more as a thing that your husband needs to work on.

Possibly he is dealing with more insecurity than you are and hence this behaviour from him. Of course, I cannot judge him without knowing his version of the story, but if you want to get past this, it’s time to have that open communication; involve a third person who will be neutral to mediate and bring in some much-needed perspectives into your relationship.

All the best and be strong!

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Anu

Anu Krishna  |839 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 28, 2023

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Hello, I am 41 year old professional. I had met my husband before marriage though social media 5 years back and thereafter maintaining distance relationship and meeting occasionally for 3 years we got married in 2021. It was a struggle for marriage as it was inter caste and inter religious marriage. Everything was smooth in relationship to the fact that I’m responsible for all financial matters as my husband has no job. He is still trying and looking for job. I didn’t mind much but would encourage him to get the job to be mentally and physically fit. Last year we went to his nephews marriage to his village. It was of 7 day programme. On second day I noticed him watching another women ( nephews mother’s sister who has 2 daughters) At that time I didn’t pay attention. After 2 days on a night function I saw my husband texting from far but he looked at that lady again. She also seemed to texting. I became suspicious. Later that night when he came to room I asked to show him his phone he was reluctant. I had to snatch his phone and I saw that he was texting the same lady and in that had asked her to meet her alone. and asking her where he can meet her. I gnashed cried and made a huge scene coz this was not what I had expected. He tried to convince that she was his girlfriend of past and suddenly after seeing her after sometime he only wanted to talk to her. I only asked her ... why alone? He had told me during dating that she had a girlfriend ( never told her identity) and that she has married and moved on. Feeling cheated I could not sleep but only cried that night and in the morning if we can return to our city. Programme had not finished but he agreed and we left. Since then that night and those days still haunt me ; thinking what didn’t I do to love him so much and in return we get cheated. I’m still with him, but mentally I still feel cheated and still am in doubt that he is in touch with her. I am not able to do my duties as part of my mind thinks he cheats me though I have confronted many times on this and he denies that he is not in touch with her Should I leave him or continue with this marriage? We still don’t have any baby.
Ans: Dear Vandana,
Clearly you are more into him than he is into you. Baby or no baby, he seems like someone who isn't going to be steady...what was the need to hide and plan a meeting and if the other lady has moved on, what is doing hanging around her?
And with no financial assurance and stability, he is only tuning his energies to external validation to 'up' his elf esteem...

Isn't it time you actually called him out for his wayward nature and his absolute reluctance to take on some responsibility in the marriage and home? The more you are quiet, the more he is going to feel that you are supporting this nonsense...call it out and NOW! And as for your state of mind, do know that you have it in you to hold your own...don't base you peace of mind on anything outside of you...

All the best!

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Ravi

Ravi Mittal  |182 Answers  |Ask -

Dating, Relationships Expert - Answered on Jan 08, 2024

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Hello, I am 41 year old professional. I had met my husband before marriage though social media 5 years back and thereafter maintaining distance relationship and meeting occasionally for 3 years we got married in 2021. It was a struggle for marriage as it was inter caste and inter religious marriage. Everything was smooth in relationship to the fact that I’m responsible for all financial matters as my husband has no job. He is still trying and looking for job. I didn’t mind much but would encourage him to get the job to be mentally and physically fit. Last year we went to his nephews marriage to his village. It was of 7 day programme. On second day I noticed him watching another women ( nephews mother’s sister who has 2 daughters) At that time I didn’t pay attention. After 2 days on a night function I saw my husband texting from far but he looked at that lady again. She also seemed to texting. I became suspicious. Later that night when he came to room I asked to show him his phone he was reluctant. I had to snatch his phone and I saw that he was texting the same lady and in that had asked her to meet her alone. and asking her where he can meet her. I gnashed cried and made a huge scene coz this was not what I had expected. He tried to convince that she was his girlfriend of past and suddenly after seeing her after sometime he only wanted to talk to her. I only asked her ... why alone? He had told me during dating that she had a girlfriend ( never told her identity) and that she has married and moved on. Feeling cheated I could not sleep but only cried that night and in the morning if we can return to our city. Programme had not finished but he agreed and we left. Since then that night and those days still haunt me ; thinking what didn’t I do to love him so much and in return we get cheated. I’m still with him, but mentally I still feel cheated and still am in doubt that he is in touch with her. I am not able to do my duties as part of my mind thinks he cheats me though I have confronted many times on this and he denies that he is not in touch with her Should I leave him or continue with this marriage? We still don’t have any baby.
Ans: Dear Vandana

I understand how heartbreaking it can be to find out your spouse is cheating. I would only tell you one thing- if the thought of leaving him has crossed your mind even once, it is worth sitting down and introspecting. If you happen to come to an understanding that separation would be what's best for you, have an open and clear discussion with your spouse. If he agrees to change his ways, you can give it another shot. But that's completely up to you. No one can force you to give him a second chance. As you said, you don't still have a child and it is best to come to a decision before there is a child in the equation. If your husband does not care about it and sticks to his behavior, there will remain not a shred of doubt that separation is the right choice. But before all of that, take a beat and think. Not from a place of anger and grudge. Calm yourself and think if you are reading too much into the situation or if is it actually as bad as it looks. It will be tough, but it is important because the rest of your life depends on it.

Best Wishes!

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Ramalingam

Ramalingam Kalirajan  |1435 Answers  |Ask -

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

Asked by Anonymous - Apr 28, 2024Hindi
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Sir i want to invest in sip my monthly saving will be between 1000 to 2500 Rs please advice.
Ans: It's great that you're looking to start investing through SIPs with your monthly savings! Here's some advice tailored to your budget:

Start Small: Even with a modest monthly savings of Rs. 1000 to 2500, you can begin investing through SIPs. The key is to start early and remain consistent with your contributions.
Choose Low-Cost Funds: Look for mutual funds with low expense ratios, as they minimize the impact of fees on your returns. Opt for direct plans of mutual funds to save on distribution expenses.
Focus on Equity Funds: Given your long-term investment horizon, consider investing in equity mutual funds. These funds have the potential to deliver higher returns over the long run, although they come with higher volatility.
Diversify Your Portfolio: Select a mix of different types of equity funds, such as large-cap, mid-cap, and multi-cap funds, to spread your risk across various market segments. Diversification can help mitigate the impact of market fluctuations.
Stay Invested for the Long Term: SIPs work best when you stay invested for the long term, allowing your investments to benefit from the power of compounding. Aim to invest consistently over several years to maximize your returns.
Review and Adjust: Periodically review your SIP investments to ensure they align with your financial goals and risk tolerance. You may need to adjust your investment strategy based on changes in your financial situation or market conditions.
Stay Informed: Take the time to educate yourself about mutual funds, investment strategies, and market trends. This knowledge will empower you to make informed decisions and stay on track with your financial goals.
Consult a Financial Advisor: If you're unsure about which funds to invest in or how to construct your investment portfolio, consider consulting a financial advisor. They can provide personalized advice based on your financial situation and goals.
By following these tips and starting your SIP journey with discipline and patience, you can gradually build wealth over time and work towards achieving your financial objectives. Remember, every rupee invested today can make a difference in securing your financial future tomorrow.

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Ramalingam

Ramalingam Kalirajan  |1435 Answers  |Ask -

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

Asked by Anonymous - Apr 26, 2024Hindi
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hello sir im working in merchanr navy and taking yearly salary of 30-32 lakhs after tax. im 35, finished all my loans, never invested in finicial market but want to invest about 10-12 lakhs early please give suggestions.
Ans: Congratulations on paying off your loans and considering investing in the financial market! Here are some suggestions tailored to your situation:

Emergency Fund: Before investing, ensure you have an emergency fund equivalent to at least 6-12 months of living expenses. This fund should be easily accessible in case of unforeseen circumstances.
Investment Goals: Define your investment goals, such as wealth accumulation, retirement planning, or funding future expenses. Knowing your objectives will help you choose the right investment avenues.
Diversified Portfolio: Consider diversifying your investments across different asset classes to spread risk. You can allocate funds to equities, mutual funds, fixed deposits, bonds, and other instruments based on your risk tolerance and investment horizon.
Equity Investments: Since you have a relatively high income and a long investment horizon, you may consider allocating a portion of your funds to equity investments. You can start with mutual funds or direct equity investments, focusing on blue-chip stocks or index funds for stability and growth potential.
Mutual Funds: Mutual funds offer a convenient way to invest in a diversified portfolio managed by professional fund managers. You can explore various categories such as large-cap, mid-cap, and multi-cap funds based on your risk appetite and investment goals.
Systematic Investment Plan (SIP): Consider starting a SIP in mutual funds, where you invest a fixed amount regularly. SIPs offer the benefit of rupee cost averaging and can help in wealth creation over the long term.
Financial Advisor Consultation: Given your lack of experience in financial markets, it's advisable to consult a financial advisor or planner. They can assess your financial situation, risk tolerance, and investment goals to provide personalized investment recommendations.
Risk Management: While investing in equities can offer higher returns, it also comes with higher risk. Ensure you are comfortable with the level of risk associated with your investment choices and diversify your portfolio to mitigate risks.
Continuous Learning: Take the time to educate yourself about different investment options, market dynamics, and financial planning concepts. Continuous learning will empower you to make informed investment decisions and navigate the financial markets effectively.
Review and Adjust: Regularly review your investment portfolio to track performance and make necessary adjustments based on changes in your financial situation or market conditions.
By following these suggestions and seeking professional guidance, you can embark on your investment journey with confidence and work towards achieving your financial goals.

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Ramalingam

Ramalingam Kalirajan  |1435 Answers  |Ask -

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

Asked by Anonymous - Apr 28, 2024Hindi
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I am 40 year old below is my portfolio, current monthly expenses is 80k. Monthly income 4.5 lacs including pf after taxes , investing 60k mf , 60k stocks , 1 lac in pf , PPF, ssy and lic. 1.5 lacs emi in site loan which has just started, which will be there for another 6 years. Me and my wife work in IT , having 5 year old daughter. Can we retire by 50 ? Own apartment loan paid off MF mix of small , mid , large and international - 70 lacs Direct coffe can stocks - 30 lacs PPF , PF , SSY , LIC - 1 CR
Ans: Retiring by 50 is an ambitious goal, but with careful planning and disciplined execution, it can be achievable. Here are some steps you can take:

Evaluate Your Financial Position: Review your current assets, liabilities, and investment portfolio. Ensure that you have a clear understanding of your financial situation.
Calculate Retirement Corpus: Estimate your desired retirement corpus based on your expected post-retirement expenses, inflation, and life expectancy. Consider consulting a financial planner for a detailed analysis.
Optimize Investments: Continue investing in a mix of mutual funds, stocks, and other instruments to grow your wealth. Since you have a diversified portfolio, ensure it aligns with your risk tolerance and investment objectives.
Accelerate Savings: Increase your monthly investments if possible to accelerate wealth accumulation. Consider reallocating resources from lower-yield assets to those offering higher returns, keeping risk in mind.
Debt Management: Focus on paying off your site loan within the next six years. Reducing debt will free up more resources for savings and investments.
Emergency Fund: Maintain an adequate emergency fund to cover unforeseen expenses. Aim for 6-12 months' worth of living expenses in a liquid and accessible account.
Plan for Contingencies: Consider factors like healthcare expenses, education costs for your daughter, and any other unforeseen events. Ensure you have adequate insurance coverage to mitigate risks.
Retirement Lifestyle: Define your desired retirement lifestyle and associated expenses. This will help you determine the size of your retirement corpus more accurately.
Regular Review: Periodically review your financial plan to track progress and make necessary adjustments. Stay informed about changes in tax laws, investment opportunities, and market trends.
Seek Professional Advice: Consider consulting a Certified Financial Planner to create a comprehensive retirement plan tailored to your specific goals and circumstances.
Remember, achieving early retirement requires discipline, sacrifice, and careful financial management. While it may seem challenging, with dedication and the right approach, you can work towards realizing your goal of retiring by 50.

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Ramalingam

Ramalingam Kalirajan  |1435 Answers  |Ask -

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

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Hi , im 31 years old im earning 2.5 lakhs per month, i have 65000 home loan emi, 8000 term insurance per month , 15000 per month medical insurance for my family. I want to invest 100000 to sip . Kindly advise which fund to select
Ans: Given your income and financial commitments, it's great that you're considering investing in SIPs. Here are some considerations for selecting funds:

Risk Tolerance: Determine your risk tolerance based on your investment goals, time horizon, and comfort level. Generally, equity funds offer higher returns but come with higher volatility compared to debt funds.
Investment Goals: Define your investment goals clearly. Are you investing for long-term wealth accumulation, retirement, or any specific financial goal? Your investment horizon will influence the choice of funds.
Diversification: Consider diversifying your investments across different types of funds to spread risk. This could include a mix of large-cap, mid-cap, and small-cap equity funds, along with debt funds for stability.
Performance Track Record: Evaluate the historical performance of funds over different market cycles. Look for consistency in returns and fund management quality.
Expense Ratio: Pay attention to the expense ratio, as lower expenses can boost your overall returns over time. Choose funds with a reasonable expense ratio relative to their category.
Fund House Reputation: Invest in funds managed by reputable fund houses with a proven track record of managing investors' money responsibly.
Tax Efficiency: Consider the tax implications of your investments. Equity-oriented funds offer tax benefits on long-term capital gains compared to debt funds.
Given your monthly SIP investment amount of ?1,00,000, you can consider allocating it across different categories based on your risk appetite:

Large-cap Equity Funds: These funds invest in well-established, large companies with stable performance and lower volatility, making them suitable for conservative investors.
Mid-cap and Small-cap Equity Funds: These funds invest in mid-sized and small companies with higher growth potential but also higher risk. They are suitable for investors with a higher risk appetite and a longer investment horizon.
Balanced Funds: These funds invest in a mix of equity and debt instruments, offering a balanced approach to risk and return. They can be suitable for investors seeking moderate growth with lower volatility.
It's essential to review your investment portfolio periodically and make adjustments based on changes in your financial situation and market conditions. Consider consulting with a Certified Financial Planner for personalized investment advice tailored to your specific goals and risk tolerance.

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Ramalingam

Ramalingam Kalirajan  |1435 Answers  |Ask -

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

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I have 7.5 Lakh, where i should invest so that I can earn at least 10-15% pm. Is is it worth to invest in Post Office Monthly Scehme
Ans: Investing with the goal of earning 10-15% per month is quite ambitious and typically associated with high-risk investments. Here are some considerations:

Realistic Expectations: Earning 10-15% per month consistently is not feasible through traditional investment avenues like Post Office Monthly Income Schemes (POMIS) or other fixed income options. These investments offer relatively lower returns but are safer and more stable.
Risk Tolerance: Higher returns often come with higher risk. Investments promising double-digit monthly returns are usually associated with significant risk, such as in stocks, cryptocurrencies, or speculative trading. Assess your risk tolerance before considering such options.
Diversification: It's essential to diversify your investments across different asset classes to manage risk effectively. Consider allocating a portion of your funds to safer options like fixed deposits, bonds, or mutual funds for stability and income generation.
Professional Advice: Consult with a Certified Financial Planner to discuss your financial goals, risk tolerance, and investment options. They can help create a personalized investment plan tailored to your needs and objectives.
Avoiding Scams: Be cautious of investment opportunities promising unusually high returns with little or no risk. Such schemes could be scams or Ponzi schemes. Always conduct thorough research and verify the legitimacy of any investment opportunity before committing your funds.
Long-Term Perspective: Focus on building a diversified investment portfolio with a long-term perspective. Over time, compounding returns can help grow your wealth steadily and sustainably.
In conclusion, while it's important to aim for growth, it's equally essential to balance return expectations with risk and invest prudently. Consider a diversified approach, seek professional guidance, and avoid high-risk investments promising unrealistic returns.

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Ramalingam

Ramalingam Kalirajan  |1435 Answers  |Ask -

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

Asked by Anonymous - Apr 28, 2024Hindi
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Dear Sir, Good Evening!! I have a corpus of around 18 Lacs. I am around 49Years of age having a contractual job having monthly salary of 40 Thousand. Please suggest how and where to invest this amount(%-Stocks/Mutual Fund etc.) to have safe and good returns to have a good financial stability in future.
Ans: With your corpus and income, you're in a good position to plan for your financial future. Here are some suggestions tailored to your situation:

Emergency Fund: Ensure you have an emergency fund equivalent to 6-12 months' worth of expenses in a liquid savings account or a short-term fixed deposit. This will provide you with financial security in case of unexpected expenses or loss of income.
Debt Repayment: If you have any high-interest debt, consider using a portion of your corpus to repay it. Paying off debt can provide a guaranteed return by reducing interest expenses.
Retirement Planning: As you're nearing retirement age, prioritize building a retirement corpus. Consider investing in a mix of equity and debt mutual funds based on your risk tolerance and investment horizon. A Certified Financial Planner can help you determine the appropriate asset allocation.
Asset Allocation: Given your age and risk profile, consider a conservative asset allocation with a higher allocation to debt instruments such as fixed deposits, bonds, and debt mutual funds. You can allocate a smaller portion to equity mutual funds for potential growth.
Diversification: Diversify your investments across different asset classes, sectors, and geographies to reduce risk. Avoid putting all your eggs in one basket.
Regular Review: Periodically review your investment portfolio to ensure it aligns with your financial goals, risk tolerance, and changing market conditions. Rebalance your portfolio if necessary.
Seek Professional Advice: Consider consulting with a Certified Financial Planner who can provide personalized advice based on your financial situation and goals. They can help you create a comprehensive financial plan and make informed investment decisions.
By following these strategies and seeking professional guidance, you can work towards achieving financial stability and security for the future. Remember to invest patiently and stay focused on your long-term goals.

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Ramalingam

Ramalingam Kalirajan  |1435 Answers  |Ask -

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

Asked by Anonymous - Apr 29, 2024Hindi
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I have been doing RD of 10k in bank for an year and use this 1.2 lakh + interest earned for my daughter school fees. The interest is 6 % approx. Option 1 Instead of above I am planning to do RD of 5K and invest rest 5K in mutual fund for one year. Please suggest me safe mutual fund where I can invest and withdraw after an year for my daughter's school fees. option 2 Invest 10k in mutual fund. Please suggest mutual fund for one year investement.
Ans: For short-term investments like your daughter's school fees, it's essential to prioritize safety and liquidity. Here are some suggestions:

Option 1: Splitting RD and Mutual Fund Investment

For the RD portion (5K per month), you can continue with your bank RD as it offers guaranteed returns and capital protection.
For the mutual fund investment (5K per month), consider investing in liquid funds or ultra-short duration funds. These funds invest in short-term debt instruments with low interest rate risk and provide relatively stable returns.
Liquid funds are suitable for investments with an investment horizon of up to 3-6 months, while ultra-short duration funds can be suitable for investments with a horizon of 6-12 months.
Option 2: Investing 10K in Mutual Fund

If you decide to invest the entire 10K in mutual funds, you can still consider liquid funds or ultra-short duration funds for short-term investment needs.
Alternatively, you may explore short-term debt funds or low-duration funds, which offer slightly higher returns than liquid funds while maintaining a relatively low risk profile. These funds typically invest in debt instruments with slightly longer maturities than liquid funds.
Ensure that you select mutual funds with a strong track record of consistent returns and low expense ratios. Look for funds managed by reputable fund houses with experienced fund managers.
Before making any investment decisions, assess your liquidity needs, risk tolerance, and investment horizon. It's also advisable to consult with a Certified Financial Planner or a qualified financial advisor to tailor your investment strategy to your specific financial goals and circumstances.

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Ramalingam

Ramalingam Kalirajan  |1435 Answers  |Ask -

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

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Sir Please suggest best Mutual fund as i want to Do SIP for long term.
Ans: While I can't provide specific fund names, I can offer some general guidance:

Consider investing in diversified equity mutual funds for long-term wealth creation. These funds invest in a mix of large-cap, mid-cap, and small-cap stocks, offering growth potential while spreading out risk.
Look for funds with a proven track record of consistent performance over several market cycles. Past performance is not indicative of future results, but it can provide insights into a fund's management strategy and risk management practices.
Pay attention to factors like fund manager experience, expense ratio, and portfolio turnover. A seasoned fund manager with a solid investment approach can navigate market volatility more effectively.
Evaluate the fund's investment philosophy and strategy to ensure it aligns with your risk tolerance and investment goals. Some funds may focus on growth-oriented stocks, while others may prioritize value or dividend-paying stocks.
Consider your investment horizon and risk appetite. If you have a long-term investment horizon (e.g., 5 years or more) and are comfortable with market fluctuations, you may opt for equity-oriented funds. For shorter investment horizons or lower risk tolerance, consider balanced funds or debt funds.
Lastly, seek professional advice from a Certified Financial Planner (CFP) or a trusted financial advisor. They can assess your financial situation, risk profile, and investment goals to recommend suitable mutual funds that align with your needs.
Remember, investing in mutual funds involves risk, and it's essential to conduct thorough research and seek professional advice before making any investment decisions.

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Ramalingam

Ramalingam Kalirajan  |1435 Answers  |Ask -

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

Asked by Anonymous - Apr 29, 2024Hindi
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Hi, I am a 47 years old housewife. I am interested in investing in MFs and stocks, but I'm quite naive in this and a little afraid of wrong decisions. Rediff gurus could you please suggest how can I make a start? I donot have a demat account also. Please suggest how to get into trading.
Ans: starting your investment journey can feel overwhelming, but it's also exciting and rewarding. Here's a gentle roadmap:

Begin by educating yourself about mutual funds and stocks. There are plenty of resources online, including articles, videos, and tutorials tailored for beginners.
Consider attending workshops or webinars conducted by reputable financial institutions or experts in the field. These sessions can provide valuable insights and answer many of your questions.
Start small. Begin with mutual funds, which are relatively safer and more straightforward compared to direct stock investments. You can gradually transition to stocks as you gain confidence and experience.
Open a Demat account and a trading account with a reputed brokerage firm. Ensure the brokerage firm offers user-friendly platforms and provides excellent customer support, especially for beginners.
Seek guidance from a Certified Financial Planner (CFP) or a financial advisor. They can assess your financial situation, risk tolerance, and investment goals to provide personalized recommendations.
Diversify your portfolio. Spread your investments across different asset classes, sectors, and geographical regions to minimize risk. Avoid putting all your money into one investment.
Keep a long-term perspective. Investing is not a get-rich-quick scheme. It requires patience, discipline, and consistency. Stay focused on your goals and avoid making impulsive decisions based on short-term market fluctuations.
Monitor your investments regularly but avoid obsessing over daily price movements. Review your portfolio periodically, perhaps every six months or annually, and make necessary adjustments based on changes in your financial situation or market conditions.
Remember, every investor starts somewhere, and it's okay to make mistakes along the way. What's important is to learn from them and stay committed to your financial goals. Happy investing!

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

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