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Patrick

Patrick Dsouza  |861 Answers  |Ask -

CAT, XAT, CMAT, CET Expert - Answered on Apr 29, 2024

Patrick Dsouza is the founder of Patrick100.
Along with his wife, Rochelle, he trains students for competitive management entrance exams such as the Common Admission Test, the Xavier Aptitude Test, Common Management Admission Test and the Common Entrance Test.
They also train students for group discussions and interviews.
Patrick has scored in the 100 percentile six times in CAT. He achieved the first rank in XAT twice, in CET thrice and once in the Narsee Monjee Management Aptitude Test.
Apart from coaching students for MBA exams, Patrick and Rochelle have trained aspirants from the IIMs, the Jamnalal Bajaj Institute of Management Studies and the S P Jain Institute of Management Studies and Research for campus placements.
Patrick has been a panellist on the group discussion and panel interview rounds for some of the top management colleges in Mumbai.
He has graduated in mechanical engineering from the Motilal Nehru National Institute of Technology, Allahabad. He has completed his masters in management from the Jamnalal Bajaj Institute of Management Studies, Mumbai.... more
Asked by Anonymous - Apr 23, 2024Hindi
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Career

Hello sir, I am graduate in b.com , MBA in general management from ICFAI, Tripura. Worked as banker for 6 years since 2008. On career break since 2014 but during this time I did my MBA and worked as freelance in recruitment and as subject matter expert in finance. Since 2020 , no projects and due to family health issues discontinued . In 2022 moved to Hyderabad and did CSPO certification from Scrum Alliance and recently completed a course in Oracle fusion financial functional consultant. But after all efforts I am not getting job because of career gap. Please suggest how women can re- enter in non banking sector. Please suggest. Thankyou.

Ans: There are jobs available, you will have to keep searching. Check your network of friends, apply through placement agency, upload your cv on job portals etc. Try to take up a job in relevant domain even if you are not completely satisfied with it and then keep searching, Else the gap would increase,
Career

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Sir, in how many years , I can turn 1crore to 20 crore.So that I can retire.Im investing about 1.35lakh as sip every month . Im 44 now . I have about 60 lakh iin different funds now, im hoping to reach a crore 2026.Thanks in advance.
Ans: To achieve a corpus of Rs 20 crore with your current financial inputs, let's break it down step by step:

Your Current Investments and SIP Plan
Current Investment: Rs 60 lakh (expected to grow to Rs 1 crore by 2026).
Monthly SIP Contribution: Rs 1.35 lakh.
Expected Rate of Return: 12% annually.
Timeframe to Reach Rs 20 Crore
With a starting corpus of Rs 1 crore (by 2026) and continuing a SIP of Rs 1.35 lakh monthly at 12%, it will take 23 years to grow to Rs 20 crore.
By the time you turn 67 years old, your desired retirement corpus can be achieved.


Key Assumptions
The 12% return assumption is realistic for equity-heavy portfolios. However, past performance is no guarantee for the future.
The SIP contributions should continue consistently without interruption for the given timeframe.
Inflation and changing lifestyle expenses are not considered here.

Points to Consider
Diversify Your Investments: Ensure your portfolio includes a mix of equity and debt. Adjust allocations as you approach retirement to reduce risk.

Monitor Progress Regularly: Periodically review your investments and returns. Rebalancing may be necessary to stay aligned with your goal.

Increase SIP Contributions Gradually: With rising income, consider increasing your SIPs by 5-10% annually to reduce the timeframe.

Emergency Fund and Insurance: Ensure you have a robust emergency fund and sufficient term insurance to secure your family.

High-Level Suggestion
We can fine-tune the investment strategy and assess the risks involved in detail.

Best Regards,
K. Ramalingam, MBA, CFP,
Chief Financial Planner
www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

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Ravi

Ravi Mittal  |423 Answers  |Ask -

Dating, Relationships Expert - Answered on Nov 20, 2024

Asked by Anonymous - Nov 14, 2024Hindi
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Relationship
Hi, I'm soon to be 36 M, unmarried and never had any relationship in all my years, I have registered myself with many matrimony sites and have been searching for a girl or maybe a woman now, for last 5 or 6 years. My problem is that most girls in matrimonial reject me out right for reason like looks, money/property, age, etc, now I have asked some of my friends discreetly about my looks and I'm very confident about myself, also I know I do earn good bucks, despite that I don't understand what could be possible reason to not even have a single conversation before they reject someone. I have even tried my hands on dating apps, but I have not had success there as well. Some time I feel worthless and have breakdowns because of this. I don't have anyone to share this with and I know no one cares about it anyway as everyone has their own problem and you will be the last thing in their mind. I know the answer I'm going to get here - "keep trying", "life is not fair" etc, but I feel this is total crap, why does no women want a man who would respect her and care for her, why cry later for justice, domestic violence and cheating. After all this, I'm losing hope that I'll find my or any love in this world.
Ans: Dear Anonymous,
I agree what's happening to you is not fair, and however you are feeling right now, it is valid. But having said that, you can't justify saying "why cry later for justice, domestic violence and cheating." These are entirely different and serious matters. Do not trivialize them. Rejecting a man who would've loved her does not automatically mean the woman deserves to find a man who should cheat, beat, or abuse her.

Now, coming to your issue, rejection comes for several reasons; it doesn't necessarily have to do anything with your appearance. Since you mentioned getting rejected even before a conversation, my first guess would be that the profile might not be standing out in the crowd of profiles out there. You can try adding hints of humor to your BIO to make it more attractive. Use the 70-30 method in your Bio, where 70% of it showcases you as a person and the remaining 30 subtly indicates your version of an ideal partner. Additionally, try optimizing your DP and select something that shows your fun side.

But I would like to remind you that not everyone's love story runs at the same pace; some take time to start. I know you think it's cliched but people say it because it has truth to it- keep going; I am sure you will find someone.

Best Wishes.

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