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Virender

Virender Kapoor  | Answer  |Ask -

Self-improvement Expert - Answered on Feb 24, 2023

Virender Kapoor is the former director of Pune's Symbiosis Institute of Management and the founder of the Management Institute for Leadership and Excellence in Pune.He has authored more than 36 books on self-improvement designed for school students, senior managers and CEOs.... more
Asked by Anonymous - Jan 22, 2023Hindi
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Which has more weight age in career, experience or upskilling?

Ans: Both
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Abhishek

Abhishek Shah  | Answer  |Ask -

HR Expert - Answered on Jun 19, 2023

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Dear Sir/Ma'am, I am working as a Sr. Customer Service Executive and have about 15 years of work experience in the Customer Service domain for the most part. However, my career has been stagnant for the past 3-4 years and have been contemplating upskilling. One upskilling area I have looked at is learning Power BI or Tableau which would enhance my data analysis skills. Another area I feel attracted to is Content Writing as I am very much interested in Business Communications and have a flair for writing. However, I am not too sure which one can better align with my career and help it grow. Additionally, I am also the ISO Coordinator and handle the QMS/IMS Certifications of the Organization. Kindly guide.
Ans: Hi Abhijeet,

Let's consider each option in relation to your background and career aspirations. Upskilling in data analysis with Power BI or Tableau can be a valuable asset in today's data-driven business environment. These tools are widely used for visualizing and analyzing data, and having proficiency in them can open up opportunities in roles such as data analyst, business intelligence analyst, or data visualization specialist. Given your experience in customer service, leveraging data analysis skills can help you uncover valuable insights to improve customer experience, identify trends, and make data-driven decisions.

On the other hand, if you have a keen interest in business communications and possess a flair for writing, content writing can be a rewarding path to explore. With your experience in customer service, you likely have strong communication skills that can be leveraged in this field. Content writing offers a range of opportunities, including creating marketing content, writing blog articles, crafting engaging website copy, or even pursuing freelance writing projects. Developing your writing skills further could complement your existing expertise and provide a platform to showcase your knowledge and insights in the business domain.

Considering your additional role as the ISO Coordinator and handling QMS/IMS Certifications, it's important to assess which upskilling option aligns best with your current responsibilities and organizational needs. Data analysis skills can support your ISO coordination role by helping you analyze quality-related data, identify areas for improvement, and drive data-backed decision-making. Content writing, on the other hand, can enhance your ability to communicate effectively in written formats, which is crucial for developing documentation, standard operating procedures, and other ISO-related materials.

To make an informed decision, I would recommend the following steps:

Reflect on your personal interests and passions. Consider which field excites you the most and aligns with your long-term goals.

Research the job market and growth prospects for both data analysis and content writing in your industry. Look for job descriptions, required skills, and salary ranges to gauge the demand and potential opportunities.

Explore online resources, tutorials, and free courses to gain a basic understanding of Power BI/Tableau and content writing. This can help you assess your aptitude and interest in each area.

Consider seeking guidance from professionals already working in the fields you are interested in. Networking through professional platforms or attending industry events can provide valuable insights and help you make an informed decision.

Ultimately, the choice between data analysis and content writing depends on your personal interests, career aspirations, and the market demand in your industry. Both options have the potential to enhance your skill set and contribute to your professional growth. It's important to choose the path that resonates with you the most and aligns well with your long-term goals.

Best of luck with your decision-making process, and I hope you find a rewarding path for your career advancement.

Regards,
Abhishek Shah

..Read more

R P

R P Yadav  | Answer  |Ask -

HR, Workspace Expert - Answered on Jan 30, 2024

Asked by Anonymous - Oct 22, 2023Hindi
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Career
I am 49-year-old and in mid-level manegement for a US Based financial organisation in IT Engineering and Operations. I am worried that I may lose my job and it is impacting my performance. To be ready for the market (In case in lose my current job), please suggest which areas I should upskill myself.
Ans: I understand that you are concerned about your job security and want to upskill yourself to be prepared for the market. Upskilling is a great way to stay competitive in the job market and increase your chances of finding a new job. Here are some areas that you can consider upskilling yourself in:

Cloud Computing: Cloud computing is the delivery of computing services over the internet. It involves the use of remote servers to store, manage, and process data. As an IT professional, upskilling in cloud computing can help you stay relevant in the industry. The average salary for a cloud computing professional in India is around ?1,200,000 per annum.

Data Science: Data science is the process of extracting insights from data. It involves the use of statistical and computational methods to analyze large and complex data sets. Upskilling in data science can help you become a valuable asset to any organization. The average salary for a data scientist in India is around ?1,000,000 per annum.

Cybersecurity: Cybersecurity is the practice of protecting computer systems and networks from digital attacks. As an IT professional, upskilling in cybersecurity can help you secure your organization’s data and prevent cyber attacks. The average salary for a cybersecurity professional in India is around ?1,500,000 per annum.

Artificial Intelligence: Artificial intelligence (AI) is the simulation of human intelligence in machines. It involves the use of algorithms and statistical models to perform tasks that would normally require human intelligence. Upskilling in AI can help you stay ahead of the curve in the IT industry. The average salary for an AI professional in India is around ?1,500,000 per annum.

DevOps: DevOps is a set of practices that combines software development (Dev) and IT operations (Ops). It involves the use of automation and collaboration to improve the speed and quality of software delivery. Upskilling in DevOps can help you become a valuable asset to any organization. The average salary for a DevOps professional in India is around ?1,200,000 per annum.

I hope this helps you in making an informed decision. Remember, upskilling is a continuous process, and it’s important to keep learning and growing in your career. Good luck! Let me know if you have any other questions.

..Read more

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Samraat

Samraat Jadhav  |2248 Answers  |Ask -

Stock Market Expert - Answered on Apr 02, 2025

Asked by Anonymous - Apr 02, 2025Hindi
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I have been investing in shares for several years and have seen good returns, but with increasing market volatility, I'm considering diversifying into international stocks or alternative assets. What are the potential benefits and risks of each approach?
Ans: Diversifying into international stocks and alternative assets can be a strategic move, especially given your experience in financial analysis and investment planning. Here’s a breakdown of the benefits and risks of each approach:
International Stocks
Benefits are as follows:
- Diversification – Investing globally reduces dependence on domestic market conditions and spreads risk
- Access to High-Growth Markets – Some international markets, particularly emerging economies, may offer higher growth potential.
- Currency Appreciation – If the foreign currency strengthens against the INR, your returns could increase.
- Exposure to Leading Industries – Developed markets like the U.S. provide access to top tech, healthcare, and finance companies.

Risks involved in international markets are as follows:
- Currency Fluctuations – Exchange rate volatility can impact returns.
- Political & Economic Risks – Foreign regulations, trade policies, and economic instability can affect investments.
- Higher Transaction Costs – International investing often involves additional fees and taxes.
- Limited Information Access – Researching foreign companies may be more challenging compared to domestic firms.

Alternative Assets (Real Estate, Commodities, Private Equity, etc.)
Following are the benefits:
- Low Correlation with Stock Markets – Alternative assets often move independently of traditional markets, helping mitigate volatility.
- Inflation Hedge – Real assets like gold and real estate tend to retain value during inflationary periods.
- Potential for High Returns – Private equity and hedge funds can offer substantial gains if managed well.
- Portfolio Customization – Some alternative investments allow direct control, such as real estate or private businesses.

Risks involved are as follows:
- Illiquidity – Many alternative assets, such as private equity and real estate, are not easily sold.
- Complexity – These investments often require specialized knowledge and due diligence.
- Higher Fees – Alternative investments may have higher management costs and entry barriers.
- Market Uncertainty – Some assets, like cryptocurrencies, can be highly volatile.

Given your methodical approach to financial planning, you might find international ETFs a convenient way to gain global exposure while managing risk. Similarly, REITs or commodity funds could be a structured way to enter alternative assets without direct ownership complexities.

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Ramalingam

Ramalingam Kalirajan  |8175 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 02, 2025

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I'm now 68 years old. Living with my wife. I have 2 daughters. Both are well settled. I don't have any liability. I'm a pension holder. I'm getting Rs 75,000/- pension pm. I have invested Rs1,50,00,000 in FD. 7lakhs in Mutual funds, 6,50,000 in equity. 12 Lakhs in Sovereign Gold Bond, I'm getting Rs 35,000/- House rent pm. I have 25 lakhs Cash in hand. I want to deposit the above amount. How can I diversified the above amount to deposit?
Ans: Your financial position is strong. You have a steady pension and rental income. Your investments are diversified across FDs, mutual funds, equity, and gold bonds. Let’s allocate your Rs. 25L wisely.

Emergency Fund Allocation
Keep Rs. 5L in a high-interest savings account.

Use a liquid mutual fund for another Rs. 3L for easy access.

This ensures quick access to funds in case of unexpected expenses.

Debt Investment for Stability
Invest Rs. 7L in a mix of short-term and medium-term debt mutual funds.

These offer better post-tax returns than FDs.

Choose high-quality funds with stable performance.

Equity Investment for Growth
Allocate Rs. 5L to large-cap mutual funds via SIP.

This ensures gradual market participation and reduces risk.

Avoid direct stocks for this amount, as mutual funds offer better risk management.

Gold Investment for Inflation Hedge
You already have Rs. 12L in Sovereign Gold Bonds.

No additional gold investment is needed.

Regular Income Investment
Invest Rs. 5L in SWP-based mutual funds for periodic withdrawals.

This provides additional income while keeping capital appreciation intact.

Final Insights
Your current portfolio is well-structured. This allocation balances liquidity, stability, and growth. Your pension and rental income provide financial security. Diversifying your Rs. 25L ensures better returns while maintaining risk control.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |8175 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 02, 2025

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Sir kindly suggest some mf for steady return for 5 yr in SIP in large cap
Ans: Investing in large-cap mutual funds through SIP is a stable choice. These funds focus on established companies with strong financials. They offer consistent growth with lower risk compared to mid-cap and small-cap funds.

Let’s assess how to select the right fund.

Why Large-Cap Funds for Five Years?
Invest in top companies with proven stability.

Less volatile than mid-cap and small-cap funds.

Suitable for a five-year investment horizon.

Provide inflation-beating returns over time.

Ideal for steady compounding with SIP investments.

Actively Managed vs. Index Funds
Actively managed funds outperform index funds in varying market conditions.

Fund managers adjust portfolios based on market trends.

Index funds only replicate the market and cannot outperform it.

Actively managed funds provide better downside protection.

For five-year investments, active management ensures stable performance.

Choosing the Right Fund
Look for funds with a history of stable returns.

Ensure the fund has an experienced fund manager.

Avoid funds with frequent manager changes.

Select funds with lower expense ratios among actively managed ones.

Check the rolling returns of the fund, not just past performance.

Tax Considerations
Long-term capital gains (LTCG) above Rs. 1.25 lakh taxed at 12.5%.

Short-term capital gains (STCG) taxed at 20%.

SIP investments held for over one year qualify for LTCG benefits.

Plan withdrawals strategically to reduce tax burden.

Final Insights
Large-cap mutual funds are suitable for stable returns over five years. They balance risk and reward effectively. Choose an actively managed fund with strong historical performance. Stay invested with SIPs for disciplined wealth creation.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Ramalingam

Ramalingam Kalirajan  |8175 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Apr 02, 2025

Asked by Anonymous - Apr 01, 2025Hindi
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Money
Sir...I am 56 years old. I want to take voluntary resignation. I will get 45000 as monthly pension and Rs.75 lacs as lumpsum. I have own house and only son is working in TCS. Can i take VRS????
Ans: Your situation is strong. You have a stable pension, a lumpsum amount, and no housing worries. Your son is financially independent. Let’s evaluate your decision from all angles.

Monthly Cash Flow Analysis
You will receive Rs. 45,000 per month as a pension.

Your expenses must be assessed. If your monthly spending is less than Rs. 45,000, then pension alone can cover your needs.

If expenses are higher, you will need an income from your Rs. 75L corpus.

Inflation will increase costs over time. Your pension may not grow, so investment returns should outpace inflation.

Emergency Fund Planning
Keep at least 12 months of expenses in a safe place.

Use a combination of a bank savings account and a liquid mutual fund.

Avoid locking all your funds in long-term investments.

Investment Strategy for Rs. 75L
You must structure investments to generate income, ensure growth, and manage risk.

Allocate funds into mutual funds for long-term growth.

Use Systematic Withdrawal Plans (SWP) for steady income.

Diversify across large-cap, flexicap, and hybrid mutual funds.

Consider debt funds for stability.

Avoid high-risk sectoral/thematic funds for income needs.

Tax Efficiency
Pension is taxable as per your income tax slab.

Mutual fund withdrawals are taxed based on duration and type.

Keep SWP withdrawals below the taxable limit to minimize tax burden.

Use tax-saving instruments like PPF and senior citizen savings schemes if applicable.

Health Insurance and Medical Planning
Ensure you have a good health insurance plan.

A cover of Rs. 15-20L is advisable for senior years.

Maintain a separate emergency fund for medical needs.

Consider critical illness insurance for major health risks.

Estate Planning and Will Creation
Create a will to ensure smooth asset transfer.

Appoint a nominee for all investments and bank accounts.

Discuss future financial plans with your son.

Final Insights
Taking VRS is a viable option for you. Your pension provides a steady income. Your Rs. 75L can be invested wisely to support future needs. Focus on structured investments, tax efficiency, and health security. If planned well, this decision can give financial stability and peace of mind.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

...Read more

Mayank

Mayank Chandel  |2159 Answers  |Ask -

IIT-JEE, NEET-UG, SAT, CLAT, CA, CS Exam Expert - Answered on Apr 02, 2025

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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