For a lot of query you have mentioned they can go on start-up visa to Canada, especially the ones above 50 years of age. What exactly is the start-up visa? What would be the minimum required expenditure? I am 56 years, MS from BITS Pilani in Software Systems, MSc Comp Sc., 33+ years of Software Development experience.

Ans: - Avoid sugar, jaggery and honey in ur diet
- Avoid fruit juices, coconut water and sugarcane juice
- Include protein with every meal
- Use cold pressed oils instead of refined oils
- Quality sleep - 7hrs/day
- Manage ur stress levels

Ans: Hello Alphones,

To begin with, thank you for contacting us. As an answer to your query, I would like to let you know that if a person holding an Indian MBBS degree wishes to study Doctor of Medicine (MD) in the USA, he/she will generally require to undergo a procedure known as "medical residency." There are numerous steps that one will need to consider. Mentioned below is the same:

As the first step, to ascertain whether the candidate qualifies for a license in the US, they will need to get their educational qualifications assessed by organizations viz., the Educational Commission for Foreign Medical Graduates (ECFMG). Secondly, they will need to clear the United States Medical Licensing Examination (USMLE) Step 1, Step 2 Clinical Knowledge (CK), and Step 2 Clinical Skills (CS). Remember that one’s knowledge and abilities to practice medicine in the USA are evaluated through these exams. Thirdly, upon clearing the exams, they will be required to apply for residency posts using the National Resident Matching Program (NRMP) or similar matching initiatives. Bear in mind that residency programs are highly competitive, and applicants need to show their qualifications and compatibility with the program. After being matched, students enroll in a residency training course in the field of specialization they have opted for. Based on the area of expertise, residency training usually takes three to seven years to complete. Lastly, after having completed residency training, students have the option to become board-certified in their field. They can do so by clearing extra tests that the relevant specialist board administers.

I would like to let you know that although an MBBS from India might not automatically qualify someone to practise medicine in the US, they can still pursue a medical career in the country by completing a medical residency program, as long as they meet the prerequisites and conditions.

For more information, you can visit our website.

Ans: Dear Anonymous,
Why are you having grown-ups who can earn and fend for themselves in your home?
You want space, then make space by politely asking them to move out. Even they need to learn to live with one another whereby the niece can rely on her husband rather than on your husband. Obviously it also suggests that your husband is either being ignorant of her fancy for him OR he's enjoying all the attention. Whatever the case, it will be healthy for both the couples here to maintain a healthy distance so discuss this with your husband and tell him how uncomfortable you feel with her around you all the time. He may call your doubt as foolish, but stay firm and request him that together you both convey to them to find a space and move out. You may even offer to search for accommodation for them so that they don't feel that they are being rudely thrown out.
But, be firm with this...

All the best!

Ans: Dear Anonymous,
Congratulations! Most couples wean off from sex citing old age and other health issues due to ageing...
The act of sex/lovemaking increases heart rate, blood pressure and respiratory cycles and that is the only thing that you need to be watchful of especially if you are under medications for any lifestyle ailments. This doubt can be cleared with your doctor who can advise you accordingly; other than this sex is the most beautiful sport to indulge in at any age and also it keeps a couple together emotionally as well. So, enjoy...

All the best!

Ans: Hello,

First and foremost, thank you for getting in touch with us. I am glad to hear that you have completed your Master of Dental Surgery (MDS) in orthodontics and now wish to immigrate to Europe. To answer your question first, I would like to tell you that the opportunity to immigrate to Europe and work as an orthodontist is based on a number of variables, viz., your credentials, the particular conditions put forth by the nation you want to move to, and any applicable professional laws.

Remember that in a number of European nations, you will be required to have your credentials recognized by the appropriate professional group or regulatory agency, in order for you to practice orthodontics. Assessment of credentials, language competency tests, and potentially further training or testing to adhere to regional requirements could all be entailed in this process.

I would like to let you know that for foreign-trained orthodontists who want to practice, every country in Europe may have its own unique regulations and procedures. I would suggest that you conduct a comprehensive study on the particular immigration and professional prerequisites of the country you want to immigrate to and practice in. Moreover, in order to acquire precise and thorough information specific to your circumstances, I would recommend that you get in touch with professional organizations, immigration officials, or legal professionals with specialized knowledge pertaining to healthcare and immigration laws as they would be in a better position to provide you with the same.

For more information, you can visit our website.

Ans: Your financial discipline and diversified income sources are commendable. Let's delve into your current financial situation and provide some suggestions:

Home Loan Repayment:
Extra Loan Repayments: Given the current interest rates on your home loans, making extra repayments can save you significant interest over the loan tenure. The max gain scheme allows you to park surplus funds in your home loan account, reducing the interest burden effectively.
Interest Rate Comparison: Ensure you compare the interest rates on your home loans with potential returns from other investment avenues to make an informed decision. If you expect higher returns from other investments, consider allocating a portion of your surplus funds there.
Investment Avenues:
Equity Mutual Funds: Given your age and investment horizon, consider increasing your allocation to equity mutual funds. Equity has the potential to offer higher returns over the long term compared to other asset classes.
Diversification: Diversify your portfolio across different asset classes like equities, debt, and gold to mitigate risks and achieve balanced growth.
Emergency Fund: Ensure you have an emergency fund set aside to cover 6-12 months of living expenses. This fund should be easily accessible and not invested in market-linked instruments.
PPF Maturity:
Loan Repayment: Using the PPF maturity amount to repay and close one of your home loan accounts is a prudent decision, as it will reduce your debt burden and interest outgo.
Educational Expenses: With major educational expenses for your elder son on the horizon, reducing your debt burden can free up cash flow to fund these expenses without straining your finances.
Financial Planning:
Goal Planning: Define your financial goals, including retirement, children's education, and other long-term goals. Allocate your investments based on the time horizon, risk tolerance, and expected returns for each goal.
Regular Review: Periodically review your portfolio to ensure it aligns with your goals, risk profile, and market conditions. Make necessary adjustments as needed to stay on track.
In conclusion, continuing extra loan repayments while exploring other investment avenues for higher returns is a balanced approach. Utilizing the PPF maturity amount to repay and close one of your home loan accounts is a good strategy, considering the upcoming educational expenses for your elder son. Ensure you have a well-diversified portfolio aligned with your financial goals, risk tolerance, and investment horizon. Consulting a Certified Financial Planner can provide personalized advice tailored to your financial situation, helping you make informed decisions and achieve your financial goals over the long term! Keep investing regularly and stay disciplined to build wealth and secure your financial future!

Ans: It's great to see that you have started investing at a young age. Investing early gives you a significant advantage due to the power of compounding. Let's evaluate your current investment:

Starting Early:
Starting to invest at 24 is a commendable decision. The earlier you start, the more time your investments have to grow, benefiting from compounding returns.
Investment Amount:
Investing 3000 per month in a small-cap fund like Quant Small Cap is a good start. Small-cap funds have the potential to offer higher returns over the long term due to their growth-oriented nature.
As your income increases over time, consider increasing your SIP amount to accelerate your wealth accumulation.
Risk Assessment:
Small-cap funds tend to be more volatile compared to large-cap or multi-cap funds. Ensure you are comfortable with the associated risk and have a long-term investment horizon to ride out market volatility.
Diversifying your investments across different categories and sectors can help in reducing the overall risk.
Goal Planning:
Define your financial goals, whether it's buying a house, planning for retirement, or any other goal. Having clear goals will help in aligning your investments and tracking your progress.
Review your portfolio periodically to ensure it aligns with your goals and make necessary adjustments as needed.
Emergency Fund:
Ensure you have an emergency fund set aside to cover 3-6 months of living expenses. This fund should be easily accessible and not invested in market-linked instruments to ensure liquidity during emergencies.
In conclusion, investing 3000 per month at 24 is a good start. Ensure you have a diversified portfolio aligned with your risk tolerance and financial goals. Consider increasing your SIP amount as your income increases and regularly review your portfolio to stay on track. Consulting a Certified Financial Planner can provide personalized advice tailored to your financial situation and goals, helping you make informed investment decisions. Keep investing regularly and stay disciplined to achieve your financial goals over the long term!

Ans: You've already taken a commendable step by starting your investments, and aiming for a significant retirement corpus is a great goal. Let's evaluate your current investments and suggest some adjustments.

Diversification:
While you have diversified across different categories like flexi-cap, mid-cap, and small-cap, you might want to consider adding a large-cap or a balanced fund to bring stability to your portfolio.
Diversification across different market caps and sectors can help in reducing the overall risk.
Consistency:
It's good to see that you've been investing consistently, which is the key to long-term wealth creation.
Review the performance of your funds annually to ensure they are aligning with your financial goals.
Risk Assessment:
Mid-cap and small-cap funds tend to be riskier but offer higher growth potential. Ensure you are comfortable with the associated volatility and risk.
As you approach closer to your retirement age, you might want to gradually shift towards more conservative investment options to safeguard your corpus.
Goal Planning:
To achieve a retirement corpus of 5 Cr by the age of 45, you need to ensure your investments are aligned with this goal.
Consider increasing your SIP amounts periodically or adding lump-sum amounts whenever possible to accelerate your wealth accumulation.
Professional Advice:
Consulting a Certified Financial Planner can provide personalized advice tailored to your financial situation and goals.
They can help in optimizing your portfolio, ensuring you are on track to achieve your retirement goal, and making necessary adjustments based on changing market conditions and your financial situation.
In conclusion, while your current investments are a good start, diversifying further and ensuring alignment with your retirement goal will be beneficial. Regularly reviewing and adjusting your portfolio as needed can help you stay on track. Remember, investing is a marathon, not a sprint, and staying disciplined and patient will be key to achieving your financial goals.

Ans: For a 35-year-old first-time investor with a monthly income of 1.25 lakh and a monthly investment capacity of 35,000, here are three mutual funds suitable for long-term investment:

Large Cap Fund:
Why: These funds invest in large, well-established companies that have a track record of stable growth. They are relatively less volatile and offer a good starting point for new investors.
Potential Choice: Large Cap Equity Funds that have a consistent performance history and a low expense ratio.
Multi-Cap Fund:
Why: These funds have the flexibility to invest across market caps, i.e., in large, mid, and small-cap stocks. This diversification can help in capital appreciation while managing risk.
Potential Choice: Multi-Cap Funds that have a proven track record of delivering consistent returns across market cycles.
Balanced Advantage Fund:
Why: These funds dynamically manage the equity-debt allocation based on market valuations. In bullish markets, they can increase equity exposure, while in bearish markets, they can shift towards debt, offering a balanced approach.
Potential Choice: Balanced Advantage Funds with a disciplined investment strategy and a focus on capital preservation along with growth.
Remember to consider the fund's past performance, fund manager's experience, expense ratio, and the fund house's reputation before investing. Additionally, reviewing and rebalancing the portfolio periodically can help in aligning it with your long-term financial goals. It's advisable to consult a Certified Financial Planner for personalized advice tailored to your financial situation and goals. Happy investing!