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Amit

Amit Bansal  | Answer  |Ask -

Answered on Jun 18, 2010

Ravi Question by Ravi on Jun 18, 2010Hindi
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Career

i am having professional expereince of 17 years & now intrested to persue phd for changing stream,will it benefit

Ans: A PHD will help you gather the knowledge required to start in a new field, but unless your prior experience is related you may have to work your way up.
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Rohit

Rohit Gupta  | Answer  |Ask -

Edtech/Online Education Expert - Answered on Jan 13, 2024

Asked by Anonymous - Jan 12, 2024Hindi
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Hello sir, I am preparing for neet and I took my 1st drop this year and I am thinking of changing my stream as in medical it requires minimum 9-12 years to become fully independent and I want to become independent as soon as possible but at the same time I am thinking like will it be a good decision or not bcz deep down medical field attracts me towards it, so right now I am literally confused.
Ans: Hello,
Navigating career decisions can be challenging, especially when balancing personal interests and the desire for independence. It's commendable that you're considering both aspects. Indeed, the medical field is a noble and rewarding path, but it does require a significant time commitment to education and training. If becoming independent sooner is your top priority, you might explore alternative paths that align with your interests and offer quicker entry into the workforce. Consider the various roles within healthcare, such as CMSED, medical technology, health administration, or allied health professions, which may require less time in education than becoming a fully licensed medical practitioner.

On the other hand, if the allure of the medical field is strong and you find fulfilment in the prospect of contributing directly to healthcare, pursuing your passion might lead to a more satisfying and purposeful career in the long run. It's essential to weigh your priorities, consider the time and effort required for each path, and reflect on what truly resonates with your aspirations.

Seeking guidance from mentors, career counsellors, or medical and alternative healthcare professionals can provide valuable insights, which is why College Vidya is here. Still, ultimately, the decision should align with your goals, values, and vision for your future.

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Nitin

Nitin Narkhede  |59 Answers  |Ask -

MF, PF Expert - Answered on Jan 23, 2025

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Hi Sir, I am retired and 63 years old. Having 50 lacs in equity.1.5 cr MF, 25 lacs in SCSS.expected landproperty sale of 4.5 cr also having own house and no education or marriage expenses of children. Medical insurance of 10 lack for me and wife. However intended to buy a residential property of 3 cr to get relax from capital gain post selling the land. And same will be given to daughter later. Need monthly expenses of 1.25 lack. Since market is too volatile. Kindly suggest way forward.
Ans: Dear Pralhad,
To manage your finances post-retirement and handle market volatility, allocate the ?4.5 crore from your land sale strategically. Use ?3 crore to purchase a residential property to save on capital gains tax and gift it to your daughter later. Allocate the remaining ?1.5 crore into ?50 lakh in SCSS for secure returns (~?16,000/month), ?50 lakh in RBI Floating Rate Bonds or POMIS (~?30,000/month), and ?50 lakh in balanced mutual funds for moderate growth. For your existing assets, keep ?25 lakh in SCSS and divide the ?1.5 crore mutual funds portfolio into 60% balanced advantage or hybrid funds for stability and 40% debt funds for steady income. Maintain 20-25% equity exposure (?50 lakh) in large-cap or dividend-yield funds for growth. Combined with a ?20-30 lakh emergency fund, this ensures a stable monthly income of ?1.25 lakh while safeguarding against market risks and providing for your family's future. Consult a certified financial advisor for personalized tax-efficient strategy
Regards, Nitin Narkhede -Founder Prosperity Lifestyle Hub,
Free webinar https://bit.ly/PLH-Webinar

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