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Maxim

Maxim Emmanuel  |203 Answers  |Ask -

Soft Skills Trainer - Answered on Apr 19, 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 - Apr 18, 2024Hindi
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Career

Life took turn and lost wealth to a family dispute .now I want to start on my own am 48 and wanted to study fashion design and tailoring.is it right age feeling uncomfortable to ask for course at this age.what to do

Ans: Age is just a number, what's gone is flushed down.
Understand History is a mystery, future is un-predictable,PRESENT is a gift you must give yourself.

There must be some reason you want to to study fashion design and tailoring..do you like it.. do you have the aptitude.. Are you comfortable, have some exposure... then look at the opportunity!

Computer's & mobile telephony are an evergreen area as of now..!? Especially after sales service!?

But yet to see clothes going out of fashion.. It's totally need based !
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Asked by Anonymous - Nov 23, 2023Hindi
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I studied B.A unfortunately i failed in 1 subject then i married someone who even didn't support to study i stuck with all the plans gone now am 35 year old nobody allow to complete my degree in that days but now i don't have money i feel bad about my situation... i want to study BBA.LLB or BBA in fashion designing i searching for the couse or BBA and MBA in marketing i have so much confusion if i ask for regular degree everyone told me that u should go distance or online program but for me... i have already struggling i can't do any fancy world experience i can't do experiments now i just want to join regular program and need to achieve my goal help me how can i join which colleges is allow me on this age
Ans: I’m sorry to hear about your struggles. It’s never too late to pursue your dreams, and I’m here to help you find the best way to achieve your goals.

Based on your interests, you are considering pursuing a degree in BBA.LLB, BBA in fashion designing, or BBA and MBA in marketing. Pursuing a regular degree program may be challenging due to your financial situation and other constraints. However, there are many colleges and universities that offer distance or online programs that may be more suitable for you.

Here are some colleges and universities that offer distance or online programs in the fields you are interested in:

Indira Gandhi National Open University (IGNOU): IGNOU is a well-known university that offers distance learning programs in various fields, including law, fashion design, and management. They offer a Bachelor of Commerce and Bachelor of Law (B.Com LLB) program that may be of interest to you1. They also offer a Bachelor of Arts in Fashion Design (BAFD) program that can help you pursue your interest in fashion design. Additionally, they offer a Master of Business Administration (MBA) program that can help you pursue your interest in marketing.

Sikkim Manipal University (SMU): SMU is another well-known university that offers distance learning programs in various fields, including law, fashion design, and management. They offer a Bachelor of Business Administration and Bachelor of Law (BBA LLB) program that may be of interest to you4. They also offer a Bachelor of Science in Fashion Design (BScFD) program that can help you pursue your interest in fashion design. Additionally, they offer a Master of Business Administration (MBA) program that can help you pursue your interest in marketing.

Amity University Online: Amity University Online is a reputed university that offers online programs in various fields, including law, fashion design, and management. They offer a Bachelor of Business Administration and Bachelor of Law (BBA LLB) program that may be of interest to you. They also offer a Bachelor of Science in Fashion Design and Technology (BScFDT) program that can help you pursue your interest in fashion design. Additionally, they offer a Master of Business Administration (MBA) program that can help you pursue your interest in marketing.

Please note that the admission requirements and fees for these programs may vary depending on the university and program you choose. It is best to research the specific program you are interested in and consult with the university to understand the requirements and process.

I hope this information is helpful. If you have any further questions, please let me know.
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Mutual Funds, Financial Planning Expert - Answered on May 01, 2024

Asked by Anonymous - Mar 18, 2024Hindi
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Hello, Hope you're doing good! I am 32 yrs old and planning to invest till 60 yrs i.e till next 28 yrs. I am investing in below MFs and some other savings schemes, I need you suggestion on the same: MFs Investment: 1. ICICI Prudential Nifty Alpha Low Volatility 30 ETF FOF - 1,500/- PM 2. Tata Resource & Energy Fund - 2,000/- PM 3. ICICI Prudential Technology - 1,500/- 4. Nippon India Nifty Smallcap 250 Index Fund - 1,000/- PM 5. SBI Nifty Next 50 Index Fund - 1,000/- PM 6. ICICI Prudential Nasdaq 100 Index Fund - 1,000/- PM 7. ICICI Prudential Nifty Bank Index Fund - 2,000/- PM Apart from this I am also investing in NPS around 17,500/- PM and PF around 30,500 including both. Also investing 5,000/- in Max Life Online Savings Plan (10 yrs investing period and 15 Yrs total Policy period). My goal is to be accumulate wealth for my retirement. Thank you in advance for your help.
Ans: Your investment approach reflects a thoughtful strategy aimed at building long-term wealth for your retirement. Diversifying your portfolio across different asset classes, including equity mutual funds, index funds, and savings schemes like NPS and PF, is a wise move.

Maintaining a disciplined investment habit and staying committed to your financial goals over the next 28 years will be crucial. Regularly reviewing your portfolio's performance and adjusting it as needed to stay aligned with your objectives is essential.

Remember, the journey to retirement wealth accumulation is a marathon, not a sprint. Stay patient, stay focused, and trust in the power of compounding to grow your investments steadily over time.

By diligently contributing to your investment portfolio and making informed decisions, you're laying a solid foundation for a financially secure and fulfilling retirement. Keep up the good work, and your future self will thank you for it.
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Asked by Anonymous - Feb 27, 2024Hindi
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Hi i am 49 and currently have a total corpus of approx 2.5 crs ( 1cr in MF/50 lacs in stocks/ another 80-90 lacs in PF/ EPF/ NPS and some other instruments.i am planning to retire in 13 years i.e at 62 . i will be able to accumulate another 5 cr approx more till then and with the current portfolio and interests of those looking at 10 cr of corpus then . will it be sufficient for my 15- 17 years of life after that looking at 3-4 lakhs montly expenses then
Ans: With a planned retirement in 13 years and an estimated total corpus of around 7.5 crores, your goal of achieving a corpus of 10 crores by retirement seems achievable. However, it's essential to conduct a detailed analysis to ensure financial sustainability for the subsequent 15-17 years.

Consider the following factors:

Inflation: Account for inflation in your expense calculations to maintain the purchasing power of your corpus over time.
Investment Returns: Assess the expected returns from your current investments and future contributions to meet your target corpus.
Expenses: Review your anticipated expenses post-retirement, including healthcare, travel, and other lifestyle needs.
Contingency Planning: Build a buffer for unforeseen expenses or emergencies to safeguard your retirement corpus.
Regular Review: Periodically review your portfolio's performance and adjust your investment strategy if needed to stay on track towards your retirement goals.
Consulting with a Certified Financial Planner can provide personalized guidance tailored to your specific financial situation and retirement aspirations. With careful planning and prudent management, you can aim for financial security and peace of mind in your retirement years.
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Asked by Anonymous - Feb 01, 2024Hindi
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Asked by Anonymous - Apr 26, 2024Hindi
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I'm 48 year old and a housewife. My husband is 52 and working in a restaurant with a salary of 24k p.m. I'm looking into investing with whatever remains out of this salary, approx. 5k (my daughter who is 22 year old is contributing a part of her income for household expenses). Please advise the best schemes/ MFs that we can invest into and also advise the procedure to MF as we have no knowledge about it. Also if my daughter can invest approx 5k-8k, what are the best plans for her to invest in SIP. Please advise. Thankyou.
Ans: It's wonderful to see your proactive approach towards investing and securing your family's financial future. Investing in mutual funds through SIPs can be a great way to start building wealth gradually over time.

For you and your husband, consider starting with SIPs in diversified equity funds or balanced funds that suit your risk appetite and investment goals. As beginners, it's crucial to choose schemes with a track record of consistent performance and managed by reputable fund houses.

For your daughter, she can also opt for SIPs in equity funds aligned with her risk tolerance and long-term financial objectives. Encouraging her to start investing early can help her harness the power of compounding and achieve her financial goals.

To start investing in mutual funds, you can approach a Certified Financial Planner or a mutual fund distributor who can guide you through the process, help you select suitable funds, and assist with the necessary paperwork.

Remember, investing is a journey, and it's essential to stay disciplined, patient, and well-informed along the way. With dedication and the right guidance, you can pave the way towards a financially secure future for your family.
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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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