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Harsh

Harsh Bharwani  |69 Answers  |Ask -

Entrepreneurship Expert - Answered on Aug 16, 2023

Harsh Bharwani is a fourth generation entrepreneur.
As CEO and managing director, he leads the international business and employability initiatives at the computer networking institute, Jetking Infotrain Limited.
After graduating from Delhi University, Bharwani joined the family business in 2010 and set up operations in the US and Vietnam.
He has trained over three lakh students in employability, confidence and key life skills.... more
Colville Question by Colville on Jun 28, 2023Hindi
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Career

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.
Career

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Then doctor asked her why she stopped and what I said, my wife said that he is asking for female staff and doctor said “I am a doctor and I am not having female staff and there is nothing male and female in doctor’s consultation” my wife got convinced and told me that we are continuing with this doctor and I also shaked my head as consent sign but not aware with the upcoming surprise and then she open her upper body part and doctor did the check up by pressing or whatever doctor does. And I was not ready for this So, I am still in trauma due to this, but I don’t want her to show her body to any male doctor. That picture comes again and again in my eyes. I don’t want to break my relation with wife, because we married 20 years before and we have 2 daughter and I love her too much. But she has disobeyed me and obeyed that doctor. I am in a trauma. What should I do to come out of this trauma. Please let me know.
Ans: To address your trauma, start by having an open and honest conversation with your wife about your feelings. Express your emotions calmly, without blame, so she can understand the depth of your discomfort and help you work through it. It's also crucial to recognize that trust and mutual respect are fundamental in any relationship. Your wife’s decision was likely driven by her need for medical care, not a desire to hurt or disobey you.

Consider seeking professional help for yourself. A therapist or counselor can provide a safe space for you to explore these feelings, work through the trauma, and develop strategies to cope with intrusive thoughts. They can also help you understand the importance of medical privacy and the necessity of certain procedures, which may ease your discomfort over time.

Additionally, you might want to explore couples counseling. This can help both of you navigate this situation together, rebuild trust, and strengthen your relationship. Remember, your goal is to maintain a loving and supportive partnership, and professional guidance can be instrumental in achieving that.

Your love for your wife and your desire to keep the relationship strong is evident. By addressing these feelings head-on and seeking support, you can move towards healing and maintaining the bond you cherish.

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Ramalingam

Ramalingam Kalirajan  |7548 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 17, 2025

Asked by Anonymous - Jan 17, 2025Hindi
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Money
I'm 35 years old. I want to invest INR 65000 for retirement at 50 years old. My current expenses 65000 per month. Please guide me.
Ans: Retiring at 50 with your current lifestyle requires a carefully crafted investment strategy. Here’s a detailed guide tailored to your goal.

Step 1: Define Retirement Corpus Requirement
Current Monthly Expenses: Rs. 65,000.
Inflation Adjustment: At 6% inflation, your expenses will increase significantly by 50.
Retirement Corpus: The corpus must sustain you for at least 30+ years post-retirement.
Lifestyle Goals: Include travel, medical emergencies, and aspirational expenses in calculations.
Step 2: Asset Allocation Strategy
A balanced mix of equity and debt instruments can help grow your wealth steadily while minimizing risks.

1. Equity Mutual Funds (70% Allocation)
Why Equity? High growth potential to beat inflation over the long term.
Recommended Categories: Flexi-cap, mid-cap, and large-cap funds.
SIP/Investable Amount: Invest Rs. 45,500 monthly in equity mutual funds.
2. Debt Instruments (30% Allocation)
Why Debt? Stability and regular income during volatile markets.
Recommended Options: PPF, short-term debt mutual funds, or NPS (Tier I).
SIP/Investable Amount: Allocate Rs. 19,500 monthly.
Step 3: Include Inflation Protection
Inflation reduces the value of money significantly over time.
Your retirement corpus should grow faster than the inflation rate.
Equity exposure helps overcome inflation impacts effectively.
Step 4: Ensure Tax Efficiency
1. Equity Mutual Funds
Tax Rules: Long-term capital gains (LTCG) above Rs. 1.25 lakh taxed at 12.5%.
Action Plan: Use annual redemption to manage gains below taxable limits.
2. PPF and NPS
Tax Benefits: Both offer tax-saving benefits under Section 80C.
Lock-in Period: Ensure alignment with your retirement timeline.
Step 5: Emergency Fund Creation
Build an emergency fund equivalent to 12 months’ expenses (Rs. 7.8 lakh).
Park it in liquid funds or a high-yield savings account for quick access.
Step 6: Health and Risk Coverage
Health Insurance: Ensure adequate coverage to avoid depleting investments during medical emergencies.
Life Insurance: Use a term plan to secure your dependents until you achieve your retirement goal.
Step 7: Regular Portfolio Reviews
Review your portfolio every six months.
Rebalance based on performance, changing goals, and market conditions.
Seek advice from a Certified Financial Planner for optimized asset allocation.
Step 8: Additional Recommendations
Avoid Real Estate: Illiquid and high transaction costs make it unsuitable for your timeline.
Avoid Direct Investments: Opt for regular plans via mutual fund distributors guided by a CFP.
Diversify Investments: Explore international mutual funds for added growth.
Step 9: Incremental Contributions
Increase your SIP amount annually by 10-15% to align with income growth.
This ensures your corpus grows significantly over time.
Finally
Achieving financial independence by 50 is ambitious but achievable. Consistency in investments, inflation-adjusted growth, and regular reviews are critical. Focus on disciplined execution of the outlined plan for a secure and fulfilling retirement.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

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