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Maxim

Maxim Emmanuel  |211 Answers  |Ask -

Soft Skills Trainer - Answered on Apr 28, 2024

Maxim Emmanuel is the marketing director of Maxwill Zeus Expositions.
An alumnus of the Xavier Institute of Management and Research, Mumbai, Maxim has over 30 years of experience in training young professionals and corporate organisations on how to improve soft skills and build interpersonal relationships through effective communication.
He also works with students and job aspirants offering career guidance, preparing them for job interviews and group discussions and teaching them how to make effective presentations.... more
Asked by Anonymous - Apr 27, 2024Hindi
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Career

I have done my graduation in b.com. now iam confused in choosing career . i want to get a good job with maximum salary of 50k and work in abroad . my passion is designing dresses. Can you please suggest a course ?

Ans: OK.. Bcom done now want income.

You are the cause of your confusion because you have no focus.. too many thing's in your head without an action plan..!

Oh.. my dress designing is your passion, then what to do with your Bcom.. Clarity of thought prevents confusion!

Decide what you want to do, don't be fickle minded and jump from frying pan to fire!

Plan your work and Work your plan..!
Get a resume done no more than 2 page's
Time to be employed!

Slowly but surely you will achieve your goals... No Quick-Fix !?
Career

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Hi, I am Mandar Kulkarni working as a mechanical engineer (prod &QA-QC dept) since last 10 years in fabrication sector. I want to switch in design kindly suggest which course is better form me.
Ans: Hi Mandar,

As a mechanical engineer with a background in production and quality control in the fabrication sector, you have several options to pursue a career in design. Here are a few suggestions for courses that could be beneficial for you:

CAD/CAM Course: Computer-Aided Design (CAD) and Computer-Aided Manufacturing (CAM) are essential tools for mechanical design. With a CAD/CAM course, you can learn how to use software such as AutoCAD, SolidWorks, or CATIA to create designs, simulate product behavior, and prepare manufacturing instructions.

Product Design Course: A product design course can help you develop your skills in conceptualizing, prototyping, and developing a product from start to finish. This course will teach you about materials, production processes, and the design principles that ensure a product's functionality, aesthetics, and usability.

Finite Element Analysis Course: Finite Element Analysis (FEA) is a simulation technique used to analyze a product's behavior under different loading and boundary conditions. A FEA course can help you learn how to create and analyze designs using software such as ANSYS or Abaqus.

Industrial Design Course: Industrial design is a broad field that encompasses the design of consumer products, appliances, furniture, and more. This course will teach you about the design process, aesthetics, ergonomics, and market research, among other things.

Ultimately, the choice of the course depends on your interests and career goals. Consider your strengths and what you enjoy doing, and then choose a course that aligns with those factors. Good luck!

Regards,
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Mayank Kumar  |189 Answers  |Ask -

Education Expert - Answered on Jul 04, 2023

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Hi, My name is manik acharya, B.sc graduate (10+2+2) system. My age is 48+. I have basic computer knowledge. What course can give me a suitable and stable career?. I have around 12 years experience in Business development and customer relationship in large medicine shop. I need your help.
Ans: Hi Manik, considering your background and experience, several courses can provide you with suitable/stable career options:

Certificate in Retail Management: Given your experience in business development and customer relationship in a medicine shop, a certificate program in retail management can enhance your skills and knowledge in the field. It will equip you with the necessary competencies to manage operations, inventory, sales, customer service, and team management in a retail environment.

Advanced certification in Digital Marketing: As technology continues to play a significant role in business growth, a detailed understanding of digital marketing can open up opportunities for you. It could take you through various aspects of online marketing, including search engine optimization (SEO), social media marketing, content marketing, and analytics, and can also be valuable for positions such as digital marketing executive, social media manager, or SEO specialist.

Certification in Business Analytics: With your basic computer knowledge, a certification course in business analytics can be a suitable choice. This program will teach you how to use data analysis techniques to derive insights and make informed business decisions. Business analytics professionals are in high demand across industries and can work as business analysts, data analysts, or market research analysts.

Certification in Project Management: If you have strong organizational and leadership skills, a certification in project management can be a valuable addition to your profile. This course will equip you with the knowledge and tools required to successfully plan, execute, and manage projects. Project management skills are in demand across various sectors and can lead to roles such as project coordinator, team leader, or project manager. The profession of project management has recently become one of the hottest jobs, not only in the tech market but across industries. Demand for project managers is growing faster than demand for workers in other occupations and by 2027, 90 million individuals will need to be skilled in project-oriented roles.
The PMP certification can help you land lucrative roles in IT, manufacturing, finance, healthcare, and other exciting industries.

Certification in Healthcare Management: Given your experience in the medicine shop industry, a certification in healthcare management can provide you with a career path in healthcare administration. It will cover topics such as healthcare policies, hospital operations, healthcare marketing, and healthcare quality management. It can lead to roles like healthcare administrator, clinic manager, or operations manager in the healthcare sector.

Remember, while pursuing any course, it's essential to consider your interests, long-term goals, and market demand for specific skills. Conduct thorough research on the courses mentioned above, and evaluate their curriculum, duration, and potential career prospects. It is very important to align your domain interest with the course you'd want to pursue to ensure maximum accuracy of career outcome. Additionally, should you wish to gain further insights/ guidance tailored to your specific needs, feel free to connect with any career counsellors at upGrad.

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Anu

Anu Krishna  |856 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 14, 2024

Asked by Anonymous - May 08, 2024Hindi
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Hi mam,I love a boy..We both are from different states.We both work as software engineers and earn well.I am 24 and he is 26.My parents were looking alliance for me so i told them ki I like a boy..From the day I have told them they have not even asked ny opinion .My mom just keeps on repeating your dad will die as he has high bp and diabetes..you will become fatherless..My dad says he will drink poison and kill me as well..he himself told me that his image in society is more important to him and no one has give me rights to marry a boy of my own choice..My parents keep on calling me to my home so that they can make me quit my job..even after telling that I love a boy my parents went behind my back and fixed a boy for me..they say that the boy they are looking for me will be perfect..now my dad is asing me to come home..pls suggest me what should i do ..should i run away or convince them
Ans: Dear Anonymous,
Classic emotional blackmail...this is not new and I have seen this in many households. Your parents are not wrong from their point of view as they feel they will choose the best person for you. But obviously blackmailing you with consequences like your father will die etc is childish and immature...
You are an adult and know what you are doing. But also, take your parents into confidence by reassuring them that you know what's right for you. Eventually in due course of time, they will come around...They might not too...Don't stress over it as any relationship that you enter into if it is based on what your parents wish may not be the best for you...
It's not about them but they are making all this about them...turn the attention onto yourself by talking to them about your independent thoughts, financial independence and how the boy is right for you (if of course the boy is right for you).
Wait patiently till they turn over...make this attempt with baby steps without giving into fights or bouts of arguments!

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

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Ramalingam

Ramalingam Kalirajan  |2170 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

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Money
I am retiring with a corpus of 1.8 Cr in May 2024.I will be getting a monthly pension of 90,000.Please suggest investment options for my retirement corpus.
Ans: Congratulations on your upcoming retirement! Having a 1.8 Cr corpus and a 90,000 monthly pension puts you in a great position to enjoy your golden years. Now, let's talk about smart investment options to make your corpus last!

Understanding Your Needs

First things first, we need to understand your lifestyle and spending habits. Knowing your monthly expenses will help decide how much you can safely withdraw from your corpus each month.

Security and Stability

Since retirement is about enjoying life without worry, focus on a good mix of secure and growth-oriented investments. This will provide you with a regular income and the potential for future growth.

Investment Options to Consider

Here are some investment options to explore, keeping in mind your need for both safety and growth:

Senior Citizen Savings Scheme (SCSS): SCSS offers a safe and guaranteed return, with interest credited quarterly. It's a good option for a portion of your corpus.

Monthly Income Plans (MIPs): These are mutual funds that invest in a mix of stocks and debt. They offer regular monthly payouts, while also giving your money a chance to grow.

Debt Funds: Less risky than stocks, debt funds invest in government bonds and corporate bonds. They provide stable returns and are good for building a buffer.

Actively Managed Equity Funds (AMCs): AMCs invest in stocks, aiming for capital appreciation over the long term. They can be riskier, but offer the potential for higher returns if the fund manager makes good choices.

Remember, diversification is key! Don't put all your eggs in one basket. Spread your corpus across different asset classes to manage risk.

Seeking Professional Help

A Certified Financial Planner (CFP) can be a valuable resource. They can assess your needs, risk tolerance, and recommend a personalized investment plan that aligns with your retirement goals.

Regular Reviews are Important

The market keeps changing, so your investment plan needs to adapt as well. Schedule regular reviews with your CFP to ensure your investments are still on track.

Living Within Your Means

The key to a happy retirement is living within your means. Don't overspend your corpus. Plan your monthly expenses and withdraw only what you need.

Focus on Long-Term Growth

While some income is important, don't neglect long-term growth completely. A portion of your corpus can be invested in AMCs for potential capital appreciation.

Be Patient and Enjoy!

Building wealth takes time. Don't get worried by short-term market fluctuations. Stay invested and enjoy your retirement!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam Kalirajan  |2170 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

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I am 27 years old and have investment goal of 2 crs of by the age of 31. please suggest some sip or mutual munds which is the better
Ans: That's a fantastic ambition you have! Setting a clear goal like this at 27 shows real planning smarts. Reaching 2 crores by 31 through SIPs is possible, but it requires a well-crafted investment strategy. Here's why actively managed mutual funds might be a good fit for you:

Understanding Your Risk Appetite

First things first, we need to figure out your risk tolerance. Actively managed funds are generally considered riskier than passively managed options like index funds. This is because actively managed funds have a fund manager who tries to outperform the market by picking individual stocks. This can lead to higher returns, but also comes with the chance of underperformance.

Why Actively Managed Funds?

While index funds offer a diversified, market-matching approach, actively managed funds can potentially deliver higher returns if the fund manager makes good stock selection calls. This "outperformance" can be crucial for achieving your ambitious goal within a shorter timeframe. However, remember, actively managed funds aren't guaranteed to outperform!

Building a Diversified Portfolio

Here's the key: Don't put all your eggs in one basket! To manage risk, consider a diversified portfolio of actively managed funds across different asset classes like large-cap, mid-cap, and small-cap stocks. You can also explore sectoral funds that focus on specific industries like IT or pharma.

Remember, diversification is your friend!

Seeking Professional Guidance

Since actively managed funds involve more analysis and selection, consider getting help from a Certified Financial Planner (CFP). A CFP can assess your risk profile, investment goals, and recommend a suitable mix of actively managed funds to create a personalized investment plan for you.

Regular Reviews are Key

The market keeps changing, so your investment plan needs to adapt too. Regularly review your portfolio with your CFP to ensure your chosen actively managed funds are still aligned with your goals and risk tolerance.

Remember, this is a marathon, not a sprint!

Staying Invested Matters

Don't get swayed by market fluctuations. Actively managed funds aim for long-term growth. Stay invested and avoid frequent withdrawals to benefit from the power of compounding.

Discipline is Your Secret Weapon

Consistent SIP contributions are key to reaching your goal. Even small amounts invested regularly can grow significantly over time.

Focus on Long-Term Growth

Actively managed funds are for long-term investors. Don't expect quick riches. Stay focused on your 2 crore target by 31 and avoid chasing short-term gains.

Be Patient and Persistent

Building wealth takes time and discipline. There will be ups and downs, but staying patient and persistent with your SIPs will increase your chances of success.

Believe in Yourself!

You've set an ambitious goal, and that's a great first step. With the right approach and guidance, you're well on your way to achieving it. Keep the faith and stay invested!

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in

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Ramalingam

Ramalingam Kalirajan  |2170 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 14, 2024

Asked by Anonymous - May 07, 2024Hindi
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Money
Hi Sir, Me and my wife both are 40 years old. Together, we both earn around Rs. 2.5 lacs per month. We have around Rs. 1cr in MF and 50 lacs in Stocks. We are investing monthly SIP of Rs. 1 lacs per month.All the SIPs are equity oriented.Paying Rent Rs. 45k and our monthly expense is around 90 k (including rent). We have 2 kids ( 7 years and 2 years), one is having medical (Cerebral Palsy) Issue. We plan to buy a house in Gurgaon. What should be our Ideal budget to buy a property? Understanding 1 kid will always be dependent on us . No other EMI as of now.
Ans: Here's some guidance on your ideal budget for a property in Gurgaon:

Financial Strength:

Combined Income: Rs. 2.5 lacs per month is a good starting point.
Savings: Rs. 1.5 cr (Rs. 1 cr in MF + Rs. 50 lacs in Stocks) is a significant sum.
Investments: Rs. 1 lac monthly SIP shows strong saving habits.
Challenges:

Dependent Child: Having a child with Cerebral Palsy will require long-term financial planning for their care.
Monthly Expenses: Your current expenses are Rs. 1.35 lacs (including rent).
Considering these factors:

Don't stretch too thin: While you have a good income and savings, prioritize your child's needs and future medical care.
Target a 15-20 year loan term: This keeps your monthly EMI manageable.
Recommended Budget:

Focus on affordability: Aim for a property with a total cost (including registration and other charges) between Rs. 50 lacs - Rs. 1 crore. This translates to a monthly EMI of around Rs. 30,000 - Rs. 60,000 (assuming a 15-20 year loan term).
Location: Consider areas in Gurgaon with good healthcare facilities and accessibility for your child's needs. Explore areas like Sectors 56, 70, 84 or Gurgaon outskirts like Sohna or New Palam Vihar which may offer better affordability.
Additional Tips:

Talk to a Financial Advisor: Discuss your situation with a Certified Financial Planner (CFP) to create a personalized financial plan considering your child's needs and future goals.
Research Property Options: Look for resale flats, builder floors, or upcoming projects in your budget range. Use online portals like MagicBricks or NoBroker to get an idea of prevailing prices.
Factor in Additional Costs: Remember, there are additional costs besides the property price – registration charges, stamp duty, maintenance fees, etc.
Best Regards,

K. Ramalingam, MBA, CFP,


Chief Financial Planner,


www.holisticinvestment.in

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Anu

Anu Krishna  |856 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 14, 2024

Anu

Anu Krishna  |856 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 14, 2024

Asked by Anonymous - May 08, 2024Hindi
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Relationship
Hii.. i feel totally stucked in life...not only me my husband too feel helpless. We both don't know what to do in such situation. The problem is we have a son who is 22 yrs old, doesn't want to work; wants to stay at home on pretext of preparing for any exam. He is not even studying at home. We can clearly see that but he refuses to go out for work whether at his own shop or for a job. We have given him enough time to stay at home for studies but every year there is different exam for which he wants to prepare. He doesn't study sincerely at home. At least 5-6 years have passed. He's not even attending his regular college for studies. All he wants is to stay at home. He refuses to step out from his comfort zone and has become too aggressive and abusive. Please guide us what we can do to motivate him to work. Thank you.
Ans: Dear Anonymous,
Clearly your son has gotten used to all the comforts at home. What is the necessity to do anything?
Also, I suspect that writing one exam or the other is a way of escaping from what he truly wants to do in life. He is unclear and afraid to face what he might want and afraid that he might fail. This fear of failure will simply make him write one exam after the other in the hope that he does not have to decide what he needs to do.
Kindly take him to a Career Counselor who can evaluate his strength areas and suggest an academic course that is suitable for him. After which seek an appointment with a professional who can streamline his thinking and put him on a goal-focused path. This might help him.

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

Anu

Anu Krishna  |856 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on May 14, 2024

Asked by Anonymous - May 03, 2024Hindi
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Relationship
To start with i live abroad . I was married in 2009 with 1 kid and divorced later in year 2017 abroad only as i got into a new love relationship and married after 1 yr with no kids my present wife knows about my past and moreover we trying to have baby but due to medical conditions and diabetic myself unable and have to hear negative things she is working well and independent but due to all this i befriended another girl and had developed a feeling towards her and had relationship with her as well she knows about that i am married but cant leave my gf want to marry her we had good communication as well between us but at times we fight due to issues that i am married still not divorced and moreover she doesnot know about my 1st marriage either sometimes i feel embrassing whag ppl will think of me i am tired of my life being the only child of my mom i cant do anything as she is too old 85 yrs and heart patient. I am 42 currently married with wife 41 yrs age but seems lost interest in her and often fight shd doesnt live with me as i am away for 3 years and goes home 1 a year. The new gf is 35 yrs old but dont want to lose her we have been to nany trips together in about 5 to 6 countries . I am having mentally stress what to do sometimes feel to end up my life
Ans: Dear Anonymous,
I don't mean to sound judgemental here...but what exactly are you stressed about? You seem to be hopping about from one relationship to another without working on things when they get stressful.
Did it occur to you that when things sour between two people that it is possible with some effort to work on things? The answer does not lie in running away and jump into the arms of another women.
There's a clear pattern of possible 'escapism' when things get uncomfortable...So, STOP and reevaluate what you are running from, what comfort do you run towards and how is this actually helping your mental state...
Do the right thing for yourself and your wife...take care of your marriage first before jumping into another relationship; you will only find something wrong with that as well...So, please STOP and check what exactly is happening...

All the best!
Anu Krishna
Mind Coach|NLP Trainer|Author
Drop in: www.unfear.io
Reach me: Facebook: anukrish07/ AND LinkedIn: anukrishna-joyofserving/

...Read more

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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