10th Class Daughter Aspiring MBBS but Unable to Afford: What's the Next Best Option?

Ans: You are referring to JEE-Main. To know, please follow these steps: 1. Calculate your approximate rank based on your percentile using a Google search. 2. As mentioned in several my previous responses, check the JoSAA opening and closing ranks for 2024 to get a general idea of the institutes and branches you might be eligible for, based on your category i.e. OBC. Make sure you fill in your preferences accordingly during the actual JoSAA counselling process after JEE Advanced. 3. To better understand the JoSAA counselling process, I recommend watching an EduJob360 video if time permits. 4. Additionally, it’s advisable to appear for 3-4 more entrance exams (if your parents can afford it) as backups. Relying only on JEE may limit your options, so it's good to have a broader range of choices to ensure you select the most suitable path for you. All the Best for Your Prosperous Future.

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

Ans: To know, please follow these steps: 1. Calculate your approximate rank based on your percentile using a Google search. 2. As mentioned in several my previous responses, check the JoSAA opening and closing ranks for 2024 to get a general idea of the institutes and branches you might be eligible for, based on your category i.e. OBC. Make sure you fill in your preferences accordingly during the actual JoSAA counselling process after JEE Advanced. 3. To better understand the JoSAA counselling process, I recommend watching an EduJob360 video if time permits. 4. Additionally, it’s advisable to appear for 3-4 more entrance exams (if your parents can afford it) as backups. Relying only on JEE may limit your options, so it's good to have a broader range of choices to ensure you select the most suitable path for you. All the Best for Your Prosperous Future.

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

Ans: Ishika, Providing information about NITs/Branches based on percentile for each one & based on category can be challenging. Instead, follow these steps: 1. Calculate your approximate rank based on your percentile using a Google search. 2. As mentioned in several my previous responses, check the JoSAA opening and closing ranks for 2024 to get a general idea of the institutes and branches you might be eligible for, based on your category i.e. OBC. Make sure you fill in your preferences accordingly during the actual JoSAA counselling process after JEE Advanced. 3. To better understand the JoSAA counselling process, I recommend watching an EduJob360 video if time permits. 4. Additionally, it’s advisable to appear for 3-4 more entrance exams (if your parents can afford it) as backups. Relying only on JEE may limit your options, so it's good to have a broader range of choices to ensure you select the most suitable path for you. All the Best for Your Prosperous Future.

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

Ans: Dear Anonymous,
When a person you have never met blocks you, it usually means that they are not interested in staying in touch with you. Now, I realize that it is hard to move on or the sudden loss of contact can be difficult to cope with, but it is important that you respect his boundaries. If he has blocked you, that only means he is not interested in interacting; constantly trying to get in touch with him not only lowers your self-respect but you are also ignoring his boundaries. Please wait for a while. If you mean anything to him, he will contact you. And if he doesn't, you should understand that this connection was never meant to be. Some things cannot be forced.

I hope this helps.

Ans: Hello;

What is your time horizon?

Also your risk profile?

Kindly provide these inputs to guide you suitably.

Thanks;

Ans: Binod Sir, Providing information about NITs/Branches based on percentile for each one & based on category can be challenging. Instead, follow these steps: 1. Calculate your approximate rank based on your daughter's percentile using a Google search. 2. As mentioned in several my previous responses, check the JoSAA opening and closing ranks for 2024 to get a general idea of the institutes and branches your daughter might be eligible for, based on your daughter's category i.e. OBC. Make sure you fill in your preferences accordingly during the actual JoSAA counselling process after JEE Advanced. 3. To better understand the JoSAA counselling process, I recommend watching an EduJob360 video if time permits. 4. Additionally, it’s advisable to appear for 3-4 more entrance exams (if you can afford for it) as backups. Relying only on JEE may limit your options, so it's good to have a broader range of choices to ensure your daughter selects the most suitable path for you. All the Best for Your Daughter's Prosperous Future.

Follow RediffGURUS to Know more on 'Careers | Health | Money | Relationships'.

Ans: Higher Participation Leads to Stability
More retail investors entering the stock market improves liquidity and reduces volatility. This can make markets more stable over time.

Valuation Concerns in the Long Run
When too much money flows into stocks, valuations may rise beyond fundamentals. This can lead to lower future returns or market corrections.

Fund Manager Challenges
Large inflows into mutual funds can make it harder for fund managers to find undervalued stocks, potentially reducing the alpha (excess returns) they generate.

Sector and Thematic Boom
More awareness can cause temporary bubbles in popular sectors. Investors should be cautious and stay diversified.

Should You Invest in Gold ETF?
Gold is a Hedge, Not a Growth Asset
Gold protects against inflation and currency fluctuations but does not generate high long-term returns like equities.

ETFs vs. Physical Gold
Gold ETFs are better than physical gold as they offer liquidity, no storage costs, and easy tracking of market prices.

Portfolio Diversification
A small allocation (5-10%) in gold ETFs can act as a hedge, but over-investing in gold can limit wealth creation.

Final Insights
Stock market returns may moderate in the future, but equities remain the best long-term wealth creator.

Avoid sector hype and focus on active fund management for better risk-adjusted returns.

Gold ETFs are useful for diversification but should not be the core of your portfolio.

Continue SIPs in actively managed mutual funds and adjust allocation based on goals.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

Ans: 95.60 is a good percentile. No online teaching is required. She will get some NIT or good state level engineering colleges or she can try for JEE ADVANCED. But for JEE Advance she need to take special training through postal coaching or online coaching frok some good academy. Regards.Professor