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Chocko

Chocko Valliappa  |445 Answers  |Ask -

Tech Entrepreneur, Educationist - Answered on Jun 06, 2024

Chocko Valliappa is the founder and CEO of Vee Technologies, a global IT services company; HireMee, a talent assessment and talent management start-up; and vice chairman of The Sona Group of education institutions.
A fourth-generation entrepreneur, Valliappa is a member of Confederation of Indian Industry, Nasscom, Entrepreneurs Organization and Young Presidents’ Organization.
He was honoured by the YPO with their Global Social Impact award in 2018.
An alumnus of Christ College, Bangalore, Valliappa holds a degree in textile technology and management from the South India Textile Research Association. His advanced research in the Czech Republic led to the creation of innovative polyester spinning machinery.... more
Asked by Anonymous - Apr 29, 2024Hindi
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Hi, I am a Computer Hardware engineer, male, age - 28, Unmarried, I have been working since 5 years in this field but now I don't find any bright future in this field, Computer repair business are getting less demanding day by day. I want to switch over to some other field or in IT field but other domains. But I don't have BCA, or BTech digree, I have only B.A arts Gradation and a diploma of computer hardware engineering. Could any one please suggest what else I I can do for my better future...?

Ans: Your most valuable asset is your experience and knowledge of hardware. There are several fields that use electronic circuitry, mechanical, electrical and digital tools similar to hardware. You need to explore more options using your knowledge, these skills and desire to do well in your job. For a person willing to move ahead the opportunities are limitless, make sure your ambition to do well is well used to move ahead.
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Shekhar

Shekhar Kumar  | Answer  |Ask -

Leadership, HR Expert - Answered on Apr 26, 2024

Asked by Anonymous - Apr 19, 2024Hindi
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Dear sir my age is 28 year now I complete my btech degree in mechanical engineering...just now I also worked in a private factory as a production engineer in roto moulding department..but this field not to much available in other areas ..so what should I do .?
Ans: Given your background in mechanical engineering and your experience as a production engineer in the roto molding department, you have a solid foundation that can lead to various career opportunities in plastics manufacturing, injection molding, packaging, or consumer goods production, design engineering, quality assurance, maintenance, or project management. If you have a passion for innovation and entrepreneurship, consider starting your own business in the manufacturing or engineering sectors. You could use your expertise to develop new products, improve existing processes, or provide consulting services to other businesses. Conduct market research to identify potential opportunities and create a business plan to outline your goals and strategies. Take advantage of online resources, workshops, and training programs to develop new skills and stay updated with the latest trends and technologies in mechanical engineering. This could include learning programming languages, gaining proficiency in software tools, or acquiring knowledge in emerging fields like additive manufacturing or sustainable engineering. Utilize your professional network, including colleagues, classmates, and industry contacts, to explore job opportunities and gather insights about different career paths. Attend industry events, job fairs, and networking seminars to expand your connections and learn about potential openings in your field.

Remember to assess your interests, strengths, and long-term career goals before making any decisions. Take the time to research and explore these different options as well. With your background in mechanical engineering and your experience in production engineering, you have valuable skills that can open doors to a wide range of exciting opportunities. Best of luck.

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Milind

Milind Vadjikar  |269 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Sep 30, 2024

Milind

Milind Vadjikar  |269 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Sep 30, 2024

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I am 46 year old woman.My current salary is 60000 per month. I have invested few amount in shares and ipo around 60000 . please suggest how to do make better plan for future.My son also in 11 th STD
Ans: Hello;

The value of your current income as after 14 years will be 1.36 L considering 6% inflation over 14 years by the time you are 60 years of age.

If you feel that your expenses may be reduced then and you would need say 70% of the income after 60 age so 70% of 1.36 L gives us a monthly income requirement of around 95 K.

To achieve this target I recommend you to start a monthly sip of 25 K into a combination of pure equity type mutual funds.

You need to top-up the sip amount by minimum 10% each year.

Also I would suggest you not to dabble in direct stocks and reinvest the 60 K sum lumpsum into above referred type of mutual funds.

The sip corpus will grow into a sum of around 1.96 Cr. The lumpsum invested will grow into a sum of around 4 L after 14 years considering a modest return of 13%.

Therefore your comprehensive corpus will be 2 Cr.

If you buy an immediate annuity from an insurance company for your corpus then considering annuity rate of 5.75% you can expect to receive monthly payout of around 95 K.

For your son's education funding you may utilise EPF corpus or seek an education loan.

Happy Investing!!

You may follow us on X at @mars_invest for updates.

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