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Maxim

Maxim Emmanuel  |211 Answers  |Ask -

Soft Skills Trainer - Answered on Mar 13, 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 - Feb 21, 2024Hindi
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Career

Iam Mohammad Umair 26 years old I want to launch a course which Target school going student to give them some skills and career knowledge... I don't have plan, How should I proceed?

Ans: Without a plan of what skills or career knowledge you will find great difficulty.. To launch a new course.. Get your thought process going before you attempt..!?
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Aashish

Aashish Sood  |100 Answers  |Ask -

CAT, Management Expert - Answered on Aug 02, 2023

Asked by Anonymous - Jun 13, 2023Hindi
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Hello sir, im a 35 year old individual having an MBA degree having worked with a few companies like Yes Bank, Vidyalankar classes and publications, LOOP mobile and VFS global pvt ltd. Due to some family emergence and mom's health issues had to leave my job and now since lockdown im totally jobless. The negative impact this time span left on my resume does not allow any employer to give me a job. Im planning to start teaching school students from class 1 to 10 but again the question arises how do i go about it as i had released a few broachures to make people aware of the same. But there was no response. Im totally blank as to how do i take a start in teaching career. If could you please advice me about how do i go about persuing my passion of teaching??
Ans: It's great to hear that you're passionate about pursuing a teaching career, especially with your diverse background and experience.

You may consider some of the steps below:

1. If you are interested in teaching in school or coaching institutes, find out the ones near your place and send resumes to all of them.

2. Find if any of your contacts are in this field and leverage them

3. Make some youtube videos on different topics and assess your performance

4. Start making your study material

5. Nothing in too small. Start with whatever you can, and, if you continue with sincerity, it will definitely grow.

6. If your brochures didn't yield any response, consider revisiting your marketing strategy. You could try targeting specific neighborhoods, using online advertising, or collaborating with local newspapers or magazines to promote your teaching services.

7. Stay updated on teaching methodologies, educational technology, and the latest trends in education. This will help you adapt your teaching methods and stay relevant.

Remember that building a teaching career takes time, persistence, and adaptability. While it might be challenging initially, your passion and determination can lead you to success in this new endeavor. Good luck on your teaching journey!

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Harsh

Harsh Bharwani  |56 Answers  |Ask -

Entrepreneurship Expert - Answered on Aug 16, 2023

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Dear Mr.Harsh, Hi,I'm a start-up entreprneur in the Oil/Gas sector, specialised in Training young aspirants to join the oil/gas industry to be employed in it.I aspire to start a program training new Engrs & like wise Sc.graduates (PCM) to work in the industry as process/operator/technicians .
Ans: Working in the oil and gas industry means you have to be on the oil rig. The oil and gas industry is a vast and wide industry. And there are lots of hard-working and white-collar jobs within the industry. More than 60% workforce working hard labour or skilled work. It can be from the plumber, driller, technicians mudlogger …etc. And also jobs related to finding new oil deposits, marketing…etc part of O&G industry.
The oil and gas industry offers high scale pay, Quick career growth and periodic payable leaves. Those are the major reasons for the candidates to attract to the oil and gas industry.
The entry-level jobs may not be rewarding in the oil and gas industry. But as you become an experienced professional, you can achieve a very rewarding career.

Start at Entry Level-
It is always good to start at the bottom level and work your way up. Research thorough before selecting your sector in the oil and gas industry. Each sector has its own pros and cons. No matter what your educational background or previous work history, this industry will welcome people with the necessary skills and a willingness to learn.
Most of the entry-level or job recruiting is done by 3rd party teams and contractors or sub-contractors.
Lots of entry-level job does not need any educational qualification or prior work experience. You can start as completely fresher in the oil and gas industry.

Get an Oil and Gas Job-oriented Training-
Oil and gas job-oriented training programs from reputed institutions helps you a lot to get into the oil and gas industry. You will ger basic-level training and in-depth idea for the how the oil and gas industry work. You also get an idea about, what are the duties and responsibilities of major job roles within the industry. You can start getting into the work immediately after joining the job if you had attended the training programs. You can use certificates offered by the training institution as a recruiting tool. Certified professionals will always have an upper hand in the industry.
Some training institutes also provide job offers after the training programs. Adi institute is one of the top institutes in south India for Oil and gas job training.

Get an apprenticeship-
Top-notch companies offer apprenticeship training for candidates. And filter good candidates for them. It always will be useful for building a career in the oil and gas industry. Either you will get a full-time job or get a good experience and opportunity to build a good network.

Don’t say ‘No’ to Internships-
Internships programs are always a good entry from the educational level to the O&G industry. If you are a beginner and trying to build a career in the industry, then never lose an opportunity to get into it.

Little Experience takes you a long way-
Even a little experience can give a boost to your career. Use your first experience to build networks and contact as well as work experience. always bear in mind that top-notch companies have constant job openings.
There are many job opportunities available for individuals with a Bachelor of Science degree in Physics, Chemistry and Mathematics (PCM). Some popular options include roles in research and development, data analysis, engineering, and education. Additionally, many industries, such as finance, healthcare, and technology, value analytical and problem-solving skills, which are developed through a PCM degree. It is recommended to research potential job opportunities and industries that align with your interests and skills.

..Read more

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Ramalingam

Ramalingam Kalirajan  |2424 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Asked by Anonymous - May 12, 2024Hindi
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Money
A friend of mine is aged 47 yrs is a salaried income is 1 lakh p m at present, he is away from his hometown and living in a good city in india with his family,he was having a 2bhk flat whick he has purchased in his hometown, against which he took a loan from someone fir 14 lakhs to repay his debt since 10 yrs ago,still the outstanding is 14 lakhs, in 2024 he will get some funds 4 lakhs approx ,what he must do in this situation, should he take back the property by paying slowly all the 14 lakhs in coming years ,or he will just leave the property and with his own money look for taking a new property, the old flat is in 4th floor not having lift.He is scared about the present property cost and how will he be building a new house in his hometown..kindly advise
Ans: Navigating Property Ownership: Assessing Options for Financial Security
Your friend's situation presents a complex decision regarding property ownership and financial stability. Let's evaluate the available options and recommend a course of action that aligns with his long-term financial goals and current circumstances.

Understanding the Current Situation
Property Ownership: Your friend owns a 2BHK flat in his hometown, which he purchased 10 years ago with a loan of 14 lakhs. Despite regular repayments, the outstanding amount remains the same.

Financial Constraints: With a monthly income of 1 lakh and family responsibilities, managing additional financial burdens can be challenging, especially considering the stagnant loan amount and potential property maintenance costs.

Evaluating Options
Repaying the Loan: Your friend can consider gradually repaying the remaining loan amount of 14 lakhs from the funds he expects to receive in 2024. This approach allows him to regain full ownership of the property, eliminating debt obligations.

Selling or Abandoning the Property: Given the property's location on the 4th floor without a lift and the uncertainty surrounding its market value, your friend may contemplate selling or abandoning the property altogether. This option frees him from loan liabilities and potential maintenance expenses but necessitates finding alternative housing solutions.

Exploring New Property Investment: With the funds received in 2024, your friend could explore investing in a new property that better suits his current needs and preferences. However, the feasibility of this option depends on various factors such as property costs, location, and financial constraints.

Considerations for Decision-Making
Financial Stability: Prioritize your friend's financial stability and ability to manage debt obligations and future expenses effectively.

Long-Term Goals: Consider your friend's long-term goals, including retirement planning, family needs, and property ownership preferences, when making decisions about property ownership.

Market Analysis: Assess the current real estate market trends in your friend's hometown to gauge the potential returns on investment and property appreciation prospects.

Seeking Professional Guidance
Encourage your friend to consult with a financial advisor or real estate expert to assess his options comprehensively and make informed decisions aligned with his financial objectives and circumstances.

Conclusion
Your friend's decision regarding the 2BHK flat ownership requires careful consideration of various factors, including financial stability, long-term goals, and market dynamics. By weighing the available options and seeking professional guidance, he can navigate this situation effectively and secure his financial future.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2424 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Asked by Anonymous - May 13, 2024Hindi
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Money
Hi, I am currently 24 years old am earning around 11lpa I am investing around 60k each month (5k sip) rest lumpsum. What should be my investing strategy to get corpus of 10cr, I want to retire within 50 years. I already hv invest around 8.1l
Ans: Crafting Your Path to a 10 Crore Corpus: A Long-Term Investment Strategy
Your proactive approach towards investing at a young age and setting ambitious financial goals demonstrates foresight and determination. Let's outline a comprehensive investment strategy tailored to your objective of accumulating a 10 crore corpus by retirement within 50 years.

Current Financial Landscape
Young Age Advantage: Starting your investment journey at 24 provides a significant advantage due to the power of compounding over an extended period.

Steady Income and Investments: Earning 11 lakhs per annum and allocating 60k monthly towards investments, including SIPs and lump sum contributions, reflects disciplined financial planning.

Long-Term Investment Strategy
Equity-Centric Approach: Given your long investment horizon and goal of wealth accumulation, adopting an equity-centric approach is prudent. Equity investments offer higher growth potential over the long term, albeit with higher volatility.

SIPs for Regular Investing: Continue with your SIPs, as they foster disciplined investing and provide the benefit of rupee cost averaging. Allocate a significant portion of your monthly investments towards equity SIPs to capitalize on market opportunities and mitigate risk.

Lump Sum Investments for Portfolio Boost: Utilize lump sum investments to bolster your portfolio and seize attractive investment opportunities. Consider diversified equity mutual funds or blue-chip stocks with strong growth potential and track record.

Diversification Across Asset Classes: While equity forms the cornerstone of your investment strategy, consider diversifying across other asset classes such as debt, real estate investment trusts (REITs), or gold to mitigate risk and enhance overall portfolio stability.

Monitoring and Adjustments
Regular Portfolio Review: Periodically review your investment portfolio to ensure it remains aligned with your financial goals, risk tolerance, and market conditions. Make adjustments as necessary to capitalize on emerging opportunities or rebalance your portfolio.

Stay Informed and Educated: Keep abreast of economic developments, market trends, and investment strategies to make informed decisions. Continuous learning and staying informed are essential pillars of successful long-term investing.

Conclusion
With a disciplined investment approach, focus on equity investments, and commitment to long-term financial planning, you can work towards achieving your goal of accumulating a 10 crore corpus by retirement within 50 years. Stay disciplined, stay focused, and trust in the power of compounding to realize your financial aspirations.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...Read more

Ramalingam

Ramalingam Kalirajan  |2424 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 17, 2024

Asked by Anonymous - May 13, 2024Hindi
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Money
I have a current corpus of 2.25 cr. I am 46 yo working having my own business. My yearly SIP is 40 lacs. I have no loan. I want to retire at the age of 65 years. How much corpus will i'll be able to achieve with same SIP taking inflation and 10 to 12% return ?
Ans: Estimating Future Corpus: Projecting Retirement Savings Growth
Your proactive approach towards retirement planning, coupled with a substantial current corpus and significant yearly SIP contributions, sets a strong foundation for achieving your retirement goals. Let's project the potential corpus you could accumulate by the age of 65, considering inflation and expected returns.

Current Financial Situation
Substantial Current Corpus: Your existing corpus of 2.25 crores provides a solid base for wealth accumulation, demonstrating prudent financial management and planning.

Significant Yearly SIP: A yearly SIP of 40 lakhs reflects your commitment to long-term wealth creation and retirement preparedness.

Projecting Future Corpus
Inflation Consideration: Accounting for inflation is essential to ensure your retirement corpus maintains its purchasing power over time. Assuming an average inflation rate of 6-7% annually is prudent.

Expected Returns: With a diversified investment portfolio and an investment horizon of 19 years until retirement, aiming for an average annual return of 10-12% is reasonable, considering historical market performance.

Compounding Effect: The power of compounding amplifies the growth potential of your investments over time, especially with consistent SIP contributions and favorable market conditions.

Estimating Future Corpus
Using a retirement calculator or financial projection tool, we can estimate the potential corpus you could accumulate by the age of 65 based on your current SIP contributions, expected returns, and inflation rate.

Conclusion
By diligently contributing to your SIPs and leveraging the power of compounding, you have the potential to achieve a substantial retirement corpus by the age of 65. Regularly reviewing your investment strategy, adjusting for changing market conditions, and staying disciplined in your savings habits will further enhance your financial security in retirement.

Best Regards,

K. Ramalingam, MBA, CFP,
Chief Financial Planner,
www.holisticinvestment.in

...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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