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Workplace Expert - Answered on Apr 19, 2024

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Asked by Anonymous - Apr 18, 2024Hindi
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I failed in UPSC and NEET-UG two times. I am feeling very demoralised and depressed that I wasted my parents' money. What can I do to motivate myself and feel better?

Ans: Hey there,

Navigating setbacks in life is like sailing through stormy seas - challenging, but certainly not impossible. While it's natural to feel disheartened after experiencing setbacks in exams like UPSC and NEET-UG, remember that every storm eventually passes, leaving behind valuable lessons and opportunities for growth. Here are some compass points to help you navigate through this rough patch and reignite your motivation:

1. Embrace Failure as a Stepping Stone: Failure is not the end of the road; it's merely a detour on the journey to success. Instead of dwelling on your past attempts, view them as stepping stones towards your ultimate goal. Reflect on what went wrong, identify areas for improvement, and use these insights to chart a new course forward.

2. Reframe Your Perspective: It's easy to succumb to self-doubt and negative thoughts, but remember that setbacks are temporary setbacks, not reflections of your worth or capabilities. Reframe your perspective by focusing on your strengths, achievements, and the progress you've made thus far. You're not defined by your failures; you're defined by how you rise from them.

3. Set Realistic Goals: Break down your ultimate goal into smaller, manageable milestones. Set realistic and achievable targets that allow you to track your progress and celebrate small victories along the way. By focusing on incremental progress, you'll build momentum and regain confidence in your abilities.

4. Seek Support and Guidance: You're not alone in this journey. Lean on your support system - whether it's your family, friends, mentors, or counselors - for guidance and encouragement. Sharing your struggles with others can provide valuable perspectives, insights, and emotional support to help you navigate through tough times.

5. Explore Alternative Paths: Remember that success doesn't have a one-size-fits-all formula. If your previous attempts didn't yield the desired results, consider exploring alternative career paths or educational opportunities that align with your interests and strengths. Keep an open mind and be willing to adapt and pivot as needed.

6. Practice Self-Compassion: Be kind to yourself during this challenging time. Treat yourself with the same compassion and understanding that you would offer to a friend facing similar circumstances. Practice self-care activities that nourish your mind, body, and soul, whether it's pursuing hobbies, exercising, or practicing mindfulness.

7. Stay Persistent and Resilient: Remember that success often requires perseverance and resilience in the face of adversity. Stay committed to your goals, and don't let temporary setbacks derail your long-term aspirations. Keep moving forward with determination and unwavering belief in your ability to overcome challenges.

In the words of Winston Churchill, "Success is not final, failure is not fatal: It is the courage to continue that counts." So, muster up your courage, dust yourself off, and embark on this journey with renewed vigor and optimism. Your brightest days are yet to come!

Wishing you strength, resilience, and boundless success on your path ahead!
Career

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Relationships Expert, Mind Coach - Answered on May 18, 2023

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I am jee aspirant and couldn't clear it . I was sure that in 2nd attempt i will do it for sure but when I saw the results they broke my courage. I convinced my self its ok u have many other options but after seeing my cbse 12th results its hard that there is any option left for me. I thought for bits pilani but I am not getting aggregate above than 75% . Now , I have no courage to start again . I am depressed what should I should do. There isn't any single day that I am not scolded for my marks and mistakes . Even now my parents aren't that much supportive like they were . It feels like just because u can't clear ur entrance exam , ur everything is judged. My parents are saying of taking drop but its hard for to take a drop. I don't know what should I do. Every day its getting hard to live thinking that again someone will come and make me count my mistakes.
Ans: Dear Yashasvi,
You win some, you lose some...that is LIFE...

Instead of feeling down and out, pick yourself up and figure out what you want to do next...what are the other options that you are yet to consider. feeling sorry for yourself is not going to push you to make a future.
You can't change what's happened but you can certainly choose how you want things to move ahead...
So shake this low feeling and feeling sorry for yourself off and seek the advice of a senior who you look up to or someone in your family who can guide you on the next steps.
It helps involving someone to help you at this time as you are deep into it already. This person can play the role of giving you independent advice and suggestions without judging you.

1. Seek someone who is a role model to guide you
2. Look ahead instead of harping on what has happened
3. Use failure as a form of feedback from where you can learn
4. Spend at least a month away from academics to rework strategies on how to study effectively
5. Smile through challenges as they only help you grow

And if you still feel that your parents are being supportive, do let them know that you need more of their love and care.

All the best!

..Read more

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Mayank Chandel  |437 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Jul 11, 2023

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Asked by Anonymous - Feb 23, 2024Hindi
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I failed UPSC thrice. I am 24 and jobless. My parents are apprehensive and want me to take up a job and start my career. But I want to try one more time. If I take up a job I won't be able to focus. Pls advice
Ans: It sounds like you're facing a challenging situation, and it's understandable that you're feeling conflicted. Here are some points to consider:

1. Evaluate your situation: Take some time to assess why you haven't succeeded in the UPSC exams so far. Is it a lack of preparation, exam strategy, or other factors? Identifying the reasons can help you address them effectively.

2. Discuss with your parents: Have an open and honest conversation with your parents about your aspirations and concerns. Explain why you want to give the UPSC exam another try and discuss any alternative plans you might have.

3. Consider a compromise: Explore the possibility of finding a job that allows for some flexibility in your schedule, or one that aligns with your long-term goals. This way, you can gain work experience while still pursuing your dream of clearing the UPSC exams.

4. Create a balanced plan: If you decide to continue preparing for the exams, make sure to create a structured study plan that allows you to dedicate sufficient time to both studying and earning a living. This might involve setting specific study hours each day or week.

5. Seek support: Consider seeking guidance from mentors, tutors, or coaching institutes to enhance your preparation for the UPSC exams. Additionally, joining study groups or online forums can provide you with valuable insights and motivation.

6. Take care of yourself: It's essential to prioritize your mental and physical well-being during this time. Make sure to incorporate regular breaks, exercise, and relaxation activities into your routine to avoid burnout.

Ultimately, the decision to continue pursuing the UPSC exams or to take up a job depends on your individual circumstances and priorities. Remember that setbacks are a natural part of any journey, and it's okay to reassess your goals and make adjustments along the way. Trust yourself and have confidence in your abilities to overcome challenges and achieve success, whichever path you choose.

..Read more

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Asked by Anonymous - Apr 29, 2024Hindi
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Career
Please help me, I am 20 years old. I pass out class 12th from Maharashtra board in 2022, I have been preparing for NEET exam from class 11th, 2 years I studied in Aakash Institute gave NEET after class 12th, my first attempt 289/720 (2022). After that I decided to take one year drop, so I went Kota studied in Allen Institute for one year, My father took a loan of 5 lakhs for me, but again I failed in second attempt 362/720(2023), came back home, enrolled in a private university for bsc biotech and along with it I again start preparing, now only 6 days left for exam & i have not touch my book since last 1 month, I studied hard for few months after second failure but then I quit studying I waste my time into relationship,porn, overthinking, masturbation etc. Now what I should do I know I will fail again in my third attempt but what I will do after that? Should I start prepare for UPSC? Should I do BBA ? Im totally confused about my future! ease someone help me should I take regular admission into some university? Should I do BA? Im totally fucked up, I have even tried to end my life so many times, I have even ran away to haridwar when I was in Kota ..but things dont happen according to me i always failed in anything I do...My friend now are in their third year they will complete their undergraduation & im here whining about my life.. even my parents have started to hate me..leave relatives...please guide me my mental health has been derailed by these exams...please help me ???? i dont jave even friends to whom i share my pain and from whom i should get guidance
Ans: Hello,
first of all, you need to calm down & settle down your negative thought process. At least you are clear & honest enough to admit your mistakes. That's the first step towards success.

Decide your goal & make a road map to achieve it. Follow it diligently & avoid distractions that come along the journey. If you are unable to control your negative thoughts seek professional counseling. All the best.

..Read more

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Ramalingam

Ramalingam Kalirajan  |1318 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - Jan 29, 2024Hindi
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Hi Sir. I am 29 years old and have a saving of 5lac now so I want to invest it in lumpsum SIP for 10 years. Could you please suggest me which fund would be better including small, mid and large where I can get over 25 returns
Ans: Investing a lump sum in SIPs for 10 years is a wise move towards building wealth. Considering your age and investment horizon, here's a diversified portfolio suggestion that includes exposure to small, mid, and large-cap stocks:

Large-Cap Fund: Invest a portion of your funds in a reputable large-cap fund known for its consistent performance and stability. Large-cap funds invest in well-established companies with a track record of strong earnings and market leadership.
Mid-Cap Fund: Allocate another portion to a mid-cap fund, which focuses on companies with medium market capitalization. Mid-cap stocks have the potential for higher growth than large-cap stocks but come with higher volatility.
Small-Cap Fund: Lastly, invest in a small-cap fund to capture the growth potential of smaller companies. Small-cap stocks can be more volatile but offer the possibility of significant returns over the long term.
Ensure to select funds with a proven track record, experienced fund managers, and low expense ratios. While aiming for over 25% returns is ambitious, it's crucial to remain realistic and consider the associated risks. Diversification across different market segments can help mitigate risks and enhance potential returns.

Consulting with a Certified Financial Planner can provide personalized advice tailored to your financial goals and risk tolerance. They can help you select suitable funds and construct a well-balanced portfolio aligned with your investment objectives.

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Ramalingam

Ramalingam Kalirajan  |1318 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - Jan 28, 2024Hindi
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Hi I'm investing 1500 in nifty mid cap 150 index, 1000 in nifty next 50 index and 500 in nifty 50 index. 100 percent passive investment fpr long term. Any suggestions with allocation or diversification?
Ans: Here's a breakdown of your current portfolio and some thoughts on active vs. passive investing:
Current Portfolio:

Nifty Midcap 150 Index (1500): This is a good way to gain exposure to mid-sized companies in India.
Nifty Next 50 Index (1000): This provides exposure to companies on the cusp of joining the Nifty 50, potentially offering higher growth.
Nifty 50 Index (500): This offers diversification with large, established companies.
Overall, your portfolio is leaning towards a growth strategy with a good focus on mid-cap and small-cap companies. This has the potential for higher returns but also comes with higher risk.

Active vs. Passive Investing:

Active Funds: These are managed by professionals who try to outperform the market by picking winning stocks. While active management can be successful, studies show that over the long term, a large percentage of actively managed funds underperform their benchmark index. The fees associated with active management also eat into returns.

Passive Funds (Index Funds): These track a market index, like the Nifty 50. They offer lower fees and historically, tend to match or outperform a significant portion of actively managed funds. This makes them a good option for long-term investors who don't want to spend a lot of time managing their portfolio.

Here's why your current approach with index funds is a good strategy for long-term investing:

Low Cost: Index funds have minimal fees, allowing you to keep more of your returns.
Diversification: You're already diversified across different market segments, reducing risk.
Long-Term Focus: With a long-term outlook, riding out market fluctuations is easier, and index funds tend to perform well over time.
Here are some additional thoughts:

Asset Allocation: Consider your risk tolerance and investment goals. You could adjust your weightings between the Nifty 50, Next 50, and Midcap 150 to achieve your desired risk profile.
Rebalancing: Periodically rebalance your portfolio to maintain your target asset allocation.
Ultimately, the decision of active vs. passive is yours. However, for a long-term investor with a focus on low costs and diversification, a passive approach with index funds is a well-supported strategy.
Lastly, if you're open to exploring active funds, consider consulting with a professional Mutual Fund Distributor (MFD) with Certified Financial Planner (CFP) credentials. They can provide personalized advice and recommend active funds that have the potential to outperform their respective indices over time.

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Ramalingam Kalirajan  |1318 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

Asked by Anonymous - Jan 28, 2024Hindi
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Dear sir My sister is a heart patient and spending around Rs 5000 per month.She is a widower and age arround 65. I want to deposit an amount of ? 1500000.00 in her name at Senior citizens scheme apart from already deposited 400000 lac. I put my daughter name, her grandchildren name as nominee. Any hurdles in this one. Please send the reply to me
Ans: It's heartwarming to see your concern for your sister's well-being, especially given her health condition. Depositing an additional amount in her name under the Senior Citizens Savings Scheme (SCSS) can indeed provide her with financial security during her retirement years.

As for the nomination process, nominating your daughter and her grandchildren as beneficiaries is a thoughtful gesture. However, there might be some considerations to keep in mind:

Consent: Ensure that your sister is aware of and agrees to the nomination arrangement. It's essential to respect her wishes and ensure that she is comfortable with the decision.
Legal Requirements: Verify if there are any specific legal requirements or restrictions regarding nominees for SCSS accounts. While nominating family members is common, it's prudent to confirm compliance with applicable regulations.
Contingency Planning: Consider discussing contingency plans with your daughter regarding the management of the funds in case of your sister's demise. This ensures a smooth transition and effective utilization of the funds for your sister's intended beneficiaries.
Documentation: Complete all necessary paperwork accurately and ensure that the nomination details are correctly recorded in the SCSS account documents.
Consulting with a financial advisor or legal expert can provide personalized guidance tailored to your sister's situation and help navigate any potential hurdles or concerns. Your proactive approach to securing your sister's financial future demonstrates care and foresight, and with careful planning, you can ensure that her needs are well-addressed.

...Read more

Ramalingam

Ramalingam Kalirajan  |1318 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 03, 2024

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Hi Vivek my name is Anand and Iam 48 yrs old. I am investing monthly 32165/- in the following funds. DAY AMT SCHEME 1 1000 SBI Small Cap Fund-Direct-Growth 2 1000 Kotak Emerging Equity Fund - Direct Plan - Growth 1000 DSP Midcap Fund-Direct-Growth 1000 Mirae Asset Large Cap Fund Direct Plan Growth 1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan) 6 7 1000 SBI Small Cap Fund-Direct-Growth 8 9 1250 Kotak Emerging Equity Fund - Direct Plan - Growth 10 1250 Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth 11 1250 DSP Midcap Fund-Direct-Growth 12 1250 Mirae Asset Large Cap Fund Direct Plan Growth 13 1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan) 14 15 1000 SBI Small Cap Fund-Direct-Growth 16 1250 Kotak Emerging Equity Fund - Direct Plan - Growth 17 1250 DSP Midcap Fund-Direct-Growth 18 1250 Mirae Asset Large Cap Fund Direct Plan Growth 19 1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan) 20 1250 Mirae Asset Emerging Bluechip Fund - Direct Plan - Growth 21 1000 SBI Small Cap Fund-Direct-Growth 22 23 24 1000 Kotak Emerging Equity Fund - Direct Plan - Growth 25 1000 DSP Midcap Fund-Direct-Growth 26 1000 SBI Small Cap Fund-Direct-Growth 27 1000 BANDHAN Sterling Value Fund-Growth-(Direct Plan) 28 1000 Mirae Asset Large Cap Fund Direct Plan Growth I am planning for next 10 years and how much corpus can I get after 10 years.
Ans: Anand! It's great to see your commitment to investing for the future. Planning for the next 10 years is a wise move, and with your regular investments in diversified mutual funds, you're on the right track to building a substantial corpus.

To estimate the potential corpus after 10 years, we need to consider several factors such as the expected average annual return rate of the funds, any additional contributions you may make, and the compounding effect of your investments over time.

Since you've invested in a mix of small-cap, mid-cap, large-cap, and value funds, it indicates a diversified approach aimed at optimizing returns while managing risk.

To provide a precise estimate, it's advisable to use a mutual fund calculator or consult a financial advisor. They can input the specific details of your investments, including the current value, expected returns, and future contributions, to forecast the potential corpus after 10 years.

Remember, while forecasting future returns is essential for planning, it's equally crucial to stay invested consistently, review your portfolio periodically, and make adjustments as needed to stay aligned with your financial goals and risk tolerance.

Keep up the disciplined approach to investing, and you'll likely see your investments grow significantly over the next decade.

...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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