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Amit

Amit Grover  | Answer  |Ask -

Answered on Feb 08, 2012

lalu Question by lalu on Feb 08, 2012Hindi
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Career

How to handle attrition in the early stages of development ?

Ans: Share employee stock options and keep communicating with your people. Also, success and growth of venture keeps all early stage people excited, so grow as fast as you can and all will be kept busy without thinking of new jobs elsewhere.
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Anu

Anu Krishna  |1402 Answers  |Ask -

Relationships Expert, Mind Coach - Answered on Oct 27, 2020

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Relationship
I saw your helpline and thought of asking for help. I m a sales guy aged 50 and recently joined a company. It is neither a MNC nor a middle sized organisation. Considering the fact that this is new organisation i need to prove my worth. There is tremendous pressure to perform. There is absolutely no support from the company people to send quotations etc which they take their sweet time and they give reasons like Covid -19 etc for the delay and they do not expect us to give reasons for failure. If u look at it from my perspective , I have joined in the month of Feb 2020 wherein March-April and may were locked down months. Just now the business has started signs to improve. Instead of supporting the team they keep on finding little faults which does not motivate but de-motivates me. A colleague before me has already been sacked after 5 months and I am not sure when my turn will come. I feel it may be next month too. I have not tried to reason out with them or they may say I am trying to give reasons for my failure. On top of that I have been reporting to 4 bosses who just write to me as per their whims and fancies. Plz let me know what best I can do to survive this time frame. I am just keeping mum bcoz there are no jobs available in the market and I am doing my best, In fact as this is an automotive industry it takes time to materialise and everywhere is there is a slowdown in business. I would not like to give reasons but still it becomes difficult to survive. Plz advice and help.
Ans: Dear SK, I can only imagine the agony that you are going through and I have been coaching many people on this since the time the lockdown began.

None of us knew what the Pandemic would mean and what it would do to our businesses or work or home. It has managed to create new situations that we have no idea of how to handle.

This has caused a lot of anxiety and strain and we have perhaps begun to imagine the worst.

But what if I tell you that the situation is changing and so will the situation at your office?

Will you be inclined to believe that?

Even the top management is behaving in a wayward manner as this is all new to them; especially working from home for many and not much facetime which I guess as a Sales guy you are used to.

Since the response from the markets are not so good, it is bound to show up as a poor performance on your record, this is a valid concern…but to go into work, everyday keeping this in mind may not be effective even with the smallest of tasks as the anxiety keeps you on the edge not doing much but worrying to save your job.

Also, what happened to your colleague may not happen to you. So why focus all your energies on something that may not happen?

Instead, simply focus on ‘realistic’ targets that are achievable at this time.

Also, since you have joined only early this year, I do feel, it is imperative for you to know really your hierarchy and reporting structure. If there are conflicts at the top and you are bearing the brunt, either you need to roll up your sleeves and ace the politics that possibly others are facing too or simply do what you can.

Step back and observe what is going on and for this, you need to be a little calm to understand the WHY of 4 bosses!

It may all but be an imagined stress and it might just need a bit of a tweak to be in a better rapport with each of them.

Sometimes, what is little, becomes big in the mind as it is cluttered with a lot of if and buts with either lack of information or simply creating stories out of apprehensions and fears.

Please take care of your health and this helps keeping the mind in a better space to deal with what is going on.

Ultimately, tell yourself: “NOTHING IS WORTH STRESSING OVER SO MUCH. Everything falls into place, once I take charge!”

Take charge and take care of your health. Best wishes.

..Read more

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Ramalingam

Ramalingam Kalirajan  |7279 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Dec 18, 2024

Asked by Anonymous - Dec 17, 2024Hindi
Money
Question on Financial Planning: I am 53 years old and took retirement in 2023, a year ago. I have a corpus of approximately ?20 crores allocated as follows: ?6.5 crores in stocks ?5 crores in mutual funds ?5 crores in debt instruments ?2 crores in gold ?1.8 crores in a savings bank account** (to cover the next 12 years of household expenses). My monthly expenses are approximately ?1 lakh, and I receive: ?70,000 per month as house rent (?8.4 lakhs annually) ?10 lakhs annually as dividends from stocks. I have allocated ?5 crores in debt instruments to fund the higher education of my two sons (expenses will arise after 1 year and after 4 years). My goal is to grow my equity portfolio over the next 12 years since I do not depend on it for my current monthly expenses. Additionally: I have adequate health insurance. I own properties worth ?7.5 crores. I have no liabilities. My query: Is my financial planning on track, or do you see any areas for improvement or correction? I am open to suggestions for optimizing my investments, especially considering my goals of equity growth, funding my sons' education, and maintaining a comfortable retirement.
Ans: Your financial planning reflects strong foresight and effective resource allocation. With a corpus of Rs. 20 crores and no liabilities, your position is financially stable. Let us evaluate your financial setup from a 360-degree perspective and suggest areas for optimisation.

Assessment of Current Allocations
Equity Portfolio: Stocks (Rs. 6.5 Crores)
Your equity allocation reflects a growth-oriented approach.
A diversified stock portfolio is ideal for long-term growth.
Ensure the portfolio is well-balanced across sectors and market capitalisations.
Mutual Funds (Rs. 5 Crores)
Mutual funds provide diversification and professional management.
Review the fund categories to maintain a mix of large-cap, mid-cap, and flexi-cap funds.
Regular performance reviews are essential to optimise returns.
Debt Instruments (Rs. 5 Crores)
Allocating Rs. 5 crores for your sons’ education is prudent.
Ensure the debt investments are in low-risk instruments like bonds or fixed deposits.
Laddering maturity dates aligns well with your sons’ educational timelines.
Gold (Rs. 2 Crores)
Gold provides stability during market volatility.
Keep it as a hedge against inflation but avoid further allocation to this asset.
Savings Account (Rs. 1.8 Crores)
Holding Rs. 1.8 crores for 12 years of expenses is a cautious approach.
Move a part of this amount into liquid funds for better returns with liquidity.
Income and Monthly Expenses
Rental Income (Rs. 8.4 Lakhs Annually)
Rental income covers 70% of your monthly expenses.
Ensure the rental property is well-maintained to sustain consistent returns.
Dividends (Rs. 10 Lakhs Annually)
Dividend income provides an additional safety net.
Reinvest surplus dividends into mutual funds for compounded growth.
Monthly Expenses (Rs. 1 Lakh)
Your monthly expenses are comfortably managed.
Maintain a contingency fund of at least Rs. 20-25 lakhs for unexpected costs.
Recommendations for Optimising Equity Portfolio
Focus on Quality Stocks

Prioritise stocks of companies with strong fundamentals and consistent earnings.
Avoid overexposure to any single sector or company.
Systematic Equity Investments

Add to your equity portfolio gradually through Systematic Transfer Plans (STPs).
This reduces market timing risks.
Regular Portfolio Review

Review the equity portfolio annually.
Exit underperforming stocks and reallocate to high-growth opportunities.
Enhancing Mutual Fund Returns
Diversify Fund Selection

Include funds with different strategies to maximise returns.
A Certified Financial Planner can help identify high-performing funds.
Avoid Direct Mutual Funds

Regular funds offer advisory support for timely rebalancing.
This helps navigate market volatility effectively.
Utilise Tax-Efficient Withdrawals

Plan withdrawals systematically to reduce tax liability on capital gains.
Debt Instruments: Securing Educational Goals
Low-Risk Instruments for Predictable Returns

Allocate funds to secure options like government bonds, fixed deposits, or debt mutual funds.
Match the maturity timelines with educational milestones.
Avoid Premature Withdrawals

Breaking long-term debt investments can reduce returns.
Use other funds for emergencies to protect this allocation.
Optimising Gold Allocation
Retain as a Hedge

Gold should form no more than 10% of your portfolio.
Avoid further investments unless there are specific requirements.
Leverage Gold for Liquidity

Gold-backed loans can provide temporary liquidity if needed.
Savings Account Allocation
Move Funds to Liquid Investments

Savings account returns are suboptimal for such a large balance.
Move funds into liquid funds for higher returns and liquidity.
Emergency Fund Segregation

Retain Rs. 50 lakhs for immediate emergencies.
Invest the rest in short-term debt instruments or liquid funds.
Maintaining a Comfortable Retirement
Healthcare Planning

Ensure health insurance policies are adequate for critical illnesses.
Maintain a separate corpus for medical emergencies.
Contingency Fund Maintenance

Keep Rs. 20-25 lakhs readily accessible for unforeseen expenses.
Review this fund periodically to adjust for inflation.
Estate Planning

Draft a will to avoid disputes and ensure smooth wealth transfer.
Assign nominees for all investments and properties.
Taxation Considerations
Equity Taxation

Long-term capital gains (LTCG) above Rs. 1.25 lakhs are taxed at 12.5%.
Short-term capital gains (STCG) are taxed at 20%.
Debt Taxation

Debt instruments are taxed as per your income tax slab.
Choose tax-efficient options like tax-free bonds if needed.
Dividend Income

Dividends are taxed at your marginal income tax rate.
Reinvest dividends for tax-efficient growth.
Final Insights
Your financial plan is well-structured and aligns with your goals. However, optimising your equity and mutual fund allocations can enhance growth potential. Move idle funds from your savings account into liquid investments for better returns. Review and rebalance your portfolio periodically with the help of a Certified Financial Planner. Your current strategy provides a secure foundation for funding education, retirement, and wealth growth.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

www.holisticinvestment.in
https://www.youtube.com/@HolisticInvestment

...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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