I get at least 2 mails a day from people asking me about their portfolios. I can choose to answer them – and my 34 years experience allows me the luxury of being able to answer these questions reasonably competently. However these questions are far more difficult to answer – and only as an IFA do you get such questions:

• My father is a gambler and for this he takes money from my friends, what do I do?
• My son has lost Rs. 44 lakhs in cricket betting, should I redeem my equity funds to fund the same?
• I had kept all my shares joint with my wife, she has used some of MY shares to pay for her FnO losses. What can I do?
• My ex wife did not change her debit mandate..so 5 months AFTER divorce I am still paying her credit card bills. Sue her for cheating?
• My wife has cleaned out my PARENTS account because it is under the same customer ID in the bank. What to do?
• My wife is paying for HER PARENTS monthly expenses..and her BROTHER’S family to stays with them!
• I like the value of my MF portfolio..my husband wants to empty it and buy a house in HIS MOTHER’S NAME jointly with ME
• I want liquidity of my mf portfolio for meeting emergency expenses of MY PARENTS..my husband wants it for his business
• My daughter’s MF accumulation is Rs. 1.4 crores..should I get a pre nuptials agreement signed?
• Does a Medical Power of Attorney work in India?
• Can I make a living will? will it be valid in India?
• There are 43 fund houses why do YOU stick to just 3?
• Why do you say IPOs are not a good place to invest..see I Pru Life IPO is oversubscribed 10 times

and there are many more questions…which many IFAs are asked. Sadly IFA have to answer these questions, bloggers need not. Or sometimes cannot or sometimes will not.