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No Business Idea, Can I Just Sell My Assets to Live?

Milind

Milind Vadjikar  | Answer  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Jan 30, 2025

Milind Vadjikar is an independent MF distributor registered with Association of Mutual Funds in India (AMFI) and a retirement financial planning advisor registered with Pension Fund Regulatory and Development Authority (PFRDA).
He has a mechanical engineering degree from Government Engineering College, Sambhajinagar, and an MBA in international business from the Symbiosis Institute of Business Management, Pune.
With over 16 years of experience in stock investments, and over six year experience in investment guidance and support, he believes that balanced asset allocation and goal-focused disciplined investing is the key to achieving investor goals.... more
Rohith Question by Rohith on Jan 29, 2025Hindi
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Career

No I don't have any idea to start any business. I just want to live off by selling my parental assets.

Ans: Hello;

Once you liquidate your ancestral assets and raise funds of 7 Cr, you may deploy it as follows:

1. Buy an immediate annuity from a life insurance company for 3 Cr.

Assuming 6% annuity rate you may expect a monthly income of 1.05 L post-tax.

2. Next 3 Cr you may invest in a conservative hybrid debt fund/s which has higher exposure to debts and less exposure to equity.
Do an SWP at the rate of 4%, two years after the initial investment. This way your systematic withdrawals will be taxed at 12.5% as LTCG(only on the profit portion). Also your corpus will grow over two years.
Even at 3 Cr level it can provide post-tax income of 87.5 K per month.

Average return from these funds are generally around 7-9% although this cannot be assured.

3. The balance 1 Cr may be used to make FDs of varying maturities from 1 year to 5 years in lot size of 5 L so that even if you need some funds you may be liquidate FDs only matching your requirements.

The SWP from MF will provide you inflation adjusted returns and you may need to top-up annuity income by further investments.

Buy good healthcare insurance covering maternity expenses too.

Best wishes;
X: @mars_invest
Asked on - May 02, 2025 | Answered on May 02, 2025
Sure I will take your suggestion. Thank you for the detailed explanation.
Ans: You are welcome!
Career

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Asked by Anonymous - Jun 11, 2025Hindi
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Hi. I am currently 29. Married with no kids. Wife not earning. Planning for a kid this year. Monthly earning 60k post tax. Have savings of 2 lakhs. Have personal loan of 9 lakhs. Monthly expenses 40k including emi's. I have lost interest in job and I don't want to work anymore. I want to do business which can give monthly 50 to 60k income. Max I can invest 2lakhs. Is there any business which I can start with 2 lakhs and generate monthly income of 60k ? I am frustrated with working under an employer. I want to start my own venture. Please suggest.
Ans: Spandan, pause before you mail the resignation.

Your maths
60 k take-home
40 k spends (15 k of that is EMI on a 9 L loan)
→ 20 k buffer

A newborn will nudge monthly costs up by 8-10 k. Cash cushion shrinks fast.

So the plan must earn while you learn, not leap blind.

Keep the paycheck six more months.
Use evenings to test micro-ideas. Risk stays capped at ?0 for now.

Choose a “cash-this-month” niche, not a moon-shot.
Pick work that turns inventory ≤ ?50 k into sales inside 30 days.

Tiffin + office snacks (two dishes, 40 boxes) - ?25 k utensils, ?10 k FSSAI, ?5 k flyers - ?120 per box × 40 = ?4.8 k /day

Amazon / Flipkart reselling (phone cases, cables) ?40 k stock, ?15 k ads 25 % net margin on ?2 L monthly sales = ?50 k

Weekend print-on-demand & personalised gifting kiosk ?45 k heat-press kit (other options are there too) ?300 profit per mug × 200 pcs → ?60 k Bring Your Mug - Take Away Memories.

Local social-media management for clinics & salons ?0 gear, ?3 k Canva Pro ?8 k-?12 k per client; 6 clients hit target

None need heavy staff or rent. All can run beside your day job.

Set one simple goal: ?15 k profit by Day-30.
Hit it twice, raise target to ?35 k. Only when side income beats salary three months straight do you quit.

This is critical - Plug leaks early. Refinance personal loan to longer tenor; shave EMI to ~?10 k.

Park 1 L of savings in an emergency account—no touch.Skill up tiny, daily.
Watch a YouTube on ad copy, take a WhatsApp course on GST filings. Low cost, immediate payback.

Start small, sell fast, reinvest every rupee. Freedom comes, but by steps, not by one loud jump.

..Read more

Latest Questions
Dr Dipankar

Dr Dipankar Dutta  |1840 Answers  |Ask -

Tech Careers and Skill Development Expert - Answered on Dec 13, 2025

Asked by Anonymous - Dec 12, 2025
Career
Dear Sir/Madam, I am currently a 1st year UG student studying engineering in Sairam Engineering College, But there the lack of exposure and strict academics feels so rigid and I don't like it that. It's like they don't gaf about skills but just wants us to memorize things and score a good CGPA, the only skill they want is you to memorize things and pass, there's even special class for students who don't perform well in academics and it is compulsory for them to attend or else the student and his/her parents needs to face authorities who lashes out. My question is when did engineering became something that requires good academics instead of actual learning and skill set. In sairam they provides us a coding platform in which we need to gain the required points for each semester which is ridiculous cuz most of the students here just look at the solution to code instead of actual debugging. I am passionate about engineering so I want to learn and experiment things instead of just memorizing, so I actually consider dropping out and I want to give jee a try and maybe viteee , srmjeee But i heard some people say SRM may provide exposure but not that good in placements. I may not be excellent at studies but my marks are decent. So gimme some insights about SRM and recommend me other colleges/universities which are good at exposure
Ans: First — your frustration is valid

What you are experiencing at Sairam is not engineering, it is rote-based credential production.

“When did engineering become memorizing instead of learning?”

Sadly, this shift happened decades ago in most Tier-3 private colleges in India.

About “coding platforms & points” – your observation is sharp

You are absolutely right:

Mandatory coding points → students copy solutions

Copying ≠ learning

Debugging & thinking are missing

This is pseudo-skill education — it looks modern but produces shallow engineers.

The fact that you noticed this in 1st year already puts you ahead of 80% students.

Should you DROP OUT and prepare for JEE / VITEEE / SRMJEEE?

Although VIT/SRM is better than Sairam Engineering College, but you may face the same problem. You will not face this type of problem only in some top IITs, but getting seat in those IITs will be difficult.
Instead of dropping immediately, consider:

???? Strategy:

Stay enrolled (degree security)

Reduce emotional investment in college rules

Use:

GitHub

Open-source projects

Hackathons

Internships (remote)

Hardware / software self-projects

This way:

College = formality

Learning = self-driven

Risk = minimal

...Read more

Kanchan

Kanchan Rai  |646 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Dec 12, 2025

Asked by Anonymous - Dec 07, 2025Hindi
Relationship
Dear Madam, I was a bright student during my school days and my plan was to become a civil servant but that did not succeed even after several attempts. With the advise of my brother i went ahead and pursued Masters at a normal university in Sydney. I did internship and continued staying with my job though it wasn't my field of study. After that what came as a shock was my brother's divorce. We don't know what is the actual issue till date but I tried a lot to fix the gap by talking to his ex-wife but they were very orthodox. I couldn't see my brother suffer because he had planned and arranged so much for her. I had no choice then so i try to harm his ex-wife by spoiling her reputation thinking she will come back for him. In the mean time i got married to a girl who was her relative too thinking my wife can help us in some case but she turned out to be completely in the opposite direction. She was probably convinced by my brother's ex-wife or their relatives that she is not coming back. Even then my brother tried to go meet his ex-wife through many channels. My wife did not help him at all in any aspect. Finally the divorced happened and everything ended. Now we have sought several proposals but nothing seem to be a good fit for him. Most of the girls whom we met on matrimonial sites are fake profiles with something hidden or falsely represented. I would say my brother escaped all this. But we are worried about his life now as he is already in his 40's and he seem to be struggling for a good job and finance. He is very picky probably but doesn't talk much to all of us. Sometimes he even says the game is over so no point looking at a second marriage. My wife and he fought once when he visited us because she didn't want him in our house and she created a fight putting me in the front. After that he stopped coming to our house or see us or talk to us. Things even gets worse sometimes when her brother comes and visits us and stays at our house which my parents don't like. My parents argue that your brother was not allowed to stay for few months then how come her brother is allowed for several months. What kind of partiality is that? I feel i could not do anything for him despite the fact that he is my only brother. He is good at heart and looked after me when i went abroad financially and even came to meet me few times. I tried to send him money, gifts but he is still the same. He communicates with our parents but not with me nor my wife anymore. Kindly give us a good advise.
Ans: Your brother’s distance is not a rejection of you. It is his way of protecting himself. He went through a difficult marriage, an emotional collapse, and then watched people around him — including you — react out of desperation to fix things for him. Even though your intentions came from love, he may have associated those actions with more pain and pressure. When a person has been wounded, silence feels safer than conversation. His withdrawal simply means he is tired, not that he dislikes you.
You also need to understand that the guilt you are carrying is heavier than it needs to be. You tried to intervene in his marriage because you wanted to protect him, not because you wanted to cause harm. Looking back now, with more maturity and clarity, you see the mistakes, but at that time, you were acting out of fear and love. This is why it’s important to forgive yourself instead of punishing yourself over and over.
The conflict between your wife and your brother only added another layer of stress, because it forced you into choosing sides. Your wife reacted emotionally, your brother pulled away, your parents questioned the imbalance — and in the middle of all this, you lost your sense of peace. But their disagreements are not failures on your part. They are the natural result of people operating from insecurity, fear, and past hurt.
What needs to happen now is a shift in your role. You cannot continue trying to solve everything for everyone. You cannot carry your brother’s marriage, your wife’s fears, and your parents’ judgments all at once. It’s time to step out of the role of rescuer and step into the role of a grounded, calm brother who offers presence, not solutions.
Rebuilding your bond with your brother will not come from pushing proposals, sending gifts, or trying to fix his life. It will come from offering him emotional safety. A simple message, expressing that you are sorry for any hurt, that you care for him, and that you are available whenever he feels ready, will speak louder than any effort to arrange his future. Once you send such a message, the healthiest thing you can do is give him space. Sometimes relationships repair themselves in silence, when pressure is removed.
And for yourself, healing begins when you stop believing that every problem in the family rests on your shoulders. You have given more than enough over the years. Now you deserve emotional rest. You deserve peace. You deserve to feel like a brother, not a crisis manager.
Your brother may take time, but distance does not erase love. When he feels safe, he will come closer again. Your responsibility is not to force that moment, but to make sure you are emotionally steady and ready when it happens.

...Read more

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