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Harsh

Harsh Bharwani  |62 Answers  |Ask -

Entrepreneurship Expert - Answered on Apr 17, 2023

Harsh Bharwani is a fourth generation entrepreneur.
As CEO and managing director, he leads the international business and employability initiatives at the computer networking institute, Jetking Infotrain Limited.
After graduating from Delhi University, Bharwani joined the family business in 2010 and set up operations in the US and Vietnam.
He has trained over three lakh students in employability, confidence and key life skills.... more
Avishek Question by Avishek on Apr 12, 2023Hindi
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Career

I done my 1 year DIPLOMA IN DESKTOP PUBLISHING what should I do next I want to build career in Graphic Design.

Ans: If you have completed a 1-year Diploma in Desktop Publishing and want to build a career in Graphic Design, there are several steps you can take to achieve your goal.
First, consider pursuing additional training or education in Graphic Design. This can help you develop the skills and knowledge needed to succeed in this field. There are many institutions that offer courses and programs in Graphic Design, including those that specialize in computer-based design software.
In addition to formal education, it's also important to build a strong portfolio of work that demonstrates your skills and creativity in Graphic Design. You can start by working on personal projects or volunteer your skills to help local organizations or businesses with their design needs. This can help you gain practical experience and showcase your abilities to potential employers.
Networking is also an important aspect of building a career in Graphic Design. Attend industry events and conferences, connect with other designers, and seek out mentorship opportunities to help you learn from experienced professionals in the field.
Finally, keep up with industry trends and advancements in design technology. This can help you stay competitive and ensure that your skills remain relevant in the ever-evolving field of Graphic Design.
Overall, pursuing additional education or training, building a strong portfolio, networking, and staying up-to-date on industry trends can all help you build a successful career in Graphic Design.
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currently I am in second year of fashion design. I don't think I learnt more things in these years which can help me in my career. I am b.com graduate. I am confused what can I do now. drop my 3rd year or do something else in this field or other. suggest me some advice.
Ans: Thank you for getting in touch with me on Rediff Gurus. If you're feeling uncertain about your fashion design studies and don't feel like you've gained enough knowledge or skills to pursue a career in the field, it's important to explore your options and make an informed decision about your future. Evaluate the skills and knowledge you've gained from your fashion design studies so far. Identify areas where you feel confident and areas where you may need further development. Explore different career paths within the fashion industry and related fields. Consider roles such as fashion merchandising, styling, marketing, retail management, textile design, or fashion journalism, which may offer opportunities to leverage your background in both fashion design and commerce. Look for internship opportunities in the fashion industry to gain hands-on experience and exposure to different aspects of the field. Internships can help you build valuable skills, expand your professional network, and clarify your career interests. Ultimately, make a decision that feels right for you based on your interests, goals, and circumstances. Whether you choose to continue with your fashion design studies, pursue a different path within the industry, or explore opportunities outside of fashion, trust yourself to make the best decision for your future.

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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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Money
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.

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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

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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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