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Nitin

Nitin Sathe  | Answer  |Ask -

HR, Recruitment Expert - Answered on Oct 25, 2023

Air Commodore Nitin Sathe (retd) is an IAF veteran with experience in aviation, aviation management, recruitment and HR.He has commanded a frontline base in Jammu and Kashmir, served with the UN Peace Keeping Force in Congo and volunteered for tsunami relief operations. Today, he is a certified recruiter and personality assessor.... more
Vikrant Question by Vikrant on Oct 03, 2023Hindi
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Hi 2014 main meri job chali gayi tab se main bohot dipression main rehta hu eski wajah ek farji company thi jise Mene bohot serious le liya tha ab wo farji log andar hain par Mera gussa abhi bhi sant nahi huwa kya karu please help

Ans: Please go to a counselor. Get on with life and find yourself a good job. Let bygones be bygones. All the best.
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Shekhar

Shekhar Kumar  | Answer  |Ask -

Leadership, HR Expert - Answered on Apr 29, 2024

Asked by Anonymous - Apr 22, 2024Hindi
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Mai 27sal ki ak ladki hu. Mainne diploma and engineering kiya hu Instrumentation ke upar. Meri academic score 60percentage nehi hai. English mai bhi bohot weak hu. Maine 2022mai engineering complete kiya hu. Coding knowledge bhi jada nehi hai. Last year as customer support kam kiya tha. Tabiyet kharap hone ke karon job chor diya. Last 6maine se ghar pe betha hu. Bohot dhunda job nehi mila. Please mujhe thoda help karo.
Ans: It's understandable to feel uncertain and stressed during a period of unemployment, but there are steps you can take to improve your situation. Dedicate time to improving your English communication skills through self-study resources, online courses, or language apps. Practice speaking, listening, reading, and writing in English regularly to build confidence and proficiency. Customize your resume to highlight relevant skills, experiences, and achievements that align with the requirements of the positions you're applying for. Emphasize transferable skills such as problem-solving, attention to detail, and customer service experience from your previous role. Attend career fairs, industry events, and networking sessions to expand your network and connect with potential employers. Consider pursuing additional certifications, training programs, or short courses in instrumentation, customer service, or related fields to enhance your qualifications and marketability. Look for free or low-cost online resources, workshops, or webinars that offer relevant skills training and development opportunities. Explore volunteer or internship opportunities in your field of interest to gain hands-on experience, expand your network, and demonstrate your commitment to learning and growth. Volunteering can also help you develop new skills, build confidence, and make valuable connections in your industry. Stay positive and maintain a proactive mindset throughout your job search journey. Set realistic goals, stay organized, and celebrate small achievements along the way to stay motivated and focused on your career objectives.

Remember that finding a job takes time and effort, so be patient with yourself and stay committed to your job search goals. Keep refining your approach, seeking opportunities for growth and development, and maintaining a positive attitude as you navigate through this challenging period.

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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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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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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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