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Archana

Archana Deshpande  |23 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on Mar 26, 2024

Archana Deshpande, the founder of TransformMe Life Skills Coaching, is an image consultant, soft skills trainer and life coach.
She has been working with individuals and corporate organisations for more than 10 years during which she has helped professionals and students improve their soft skills, build confidence and enhance self-esteem.
An engineer from the PDA College of Engineering, Gulbarga, Archana had a successful career at Reliance Communications. But she has always been interested in teaching and training people. So she pursued a postgraduate diploma in teacher’s training at Pune’s Symbiosis Institute of Management Studies followed by teaching assignments in schools at Visakhapatnam and Mumbai.
Archana also holds an international certificate in image consulting and soft skills training from the Image Consulting Business Institute, Mumbai.... more
Veeraraagavan Question by Veeraraagavan on Mar 22, 2024Hindi
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My wife is 64 years old and housewife but she has a small building gifted to her by her brother and two engineering units work there on rental basis of Rs.20000 totally per month. Though I have 42 years experience in accounts earlier to this company i worked on VAT. On joining this present company now it is GST and our company auditor handles it. Now my wife blames me why I am not conversant with GST. I am not able to get alternative job because of my age. Placement services dont entertain candidates above 45 to 50 years of age. Only alternative is to keep my ears closed and do my present job till I my company allows me to work. I am a father of two daughters, both of them have completed their college education got married and settled down. Now Only my wife and myself life in a rented house and my second daughter lives next to our house.

Ans: Whatever you have written here, can you pls sit down with your wife and explain it to her! You are already working and earning money. You and your wife at this stage in life deserve to be living a life of mutual love and respect! Talk to her and tell her so.. after raising two beautiful girls and having settled them well, you both deserve to live a life in peace!
If you still can learn about GST, no harm in it , right? Any learning will never go waste, moreover in today’s time you can learn anything from the internet!
Look at the reasons why your wife is nagging you, she must be unhappy somewhere, take care of her emotional needs and well being, praise her for the things she does for you or has done in the past! Communication is the key here, both of you deserve to live a happy life! Make her financially literate, both of you sit down and list out your needs and desires! Chalk out a plan to achieve them together, you both are a team, it’s time you work as a team against any problem that comes your way!!Remember, love, respect and communication is the key for a harmonious life ahead! All the best…
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Remember that your career journey is unique to you, and it's okay to explore different paths and make changes along the way. Trust yourself to make decisions that align with your values, aspirations, and well-being. With persistence, self-reflection, and support from others, you can navigate through this challenging period and find fulfillment in your career and life.
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Hello Sir, I am looking at imvesting around Rs.20,000 per month in SIP with good returns and overall balanced portfolio along with some us stock exposure (Parag Parikh kind of funds). Please provide your valuable suggest in which mutual funds should I invest or is ETF better option
Ans: When considering your investment strategy, actively managed funds can offer distinct advantages over ETFs. Actively managed funds are overseen by professional fund managers who actively research and select investments they believe will outperform the market. This active management can potentially lead to higher returns compared to passively managed ETFs.

Furthermore, actively managed funds have the flexibility to adapt to changing market conditions and exploit emerging opportunities. Fund managers can adjust their portfolios in response to market trends, economic indicators, and company-specific developments, aiming to optimize returns while managing risk.

On the other hand, ETFs, while offering low expense ratios and broad market exposure, often deliver only mediocre returns. Since they passively track an index, ETFs are unable to take advantage of market inefficiencies or capitalize on undervalued securities in the same way actively managed funds can.

Considering your desire for balanced returns and exposure to US stocks akin to Parag Parikh-like funds, actively managed funds offer a more suitable option. They provide the potential for superior performance while aligning with your investment objectives and preferences. Working with a Certified Financial Planner can help you identify the most appropriate actively managed funds to include in your portfolio.
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I have a lumpsum amount of 20lakh to invest but have no idea how to invest to get a steady monthly income.
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Diversification is like spreading your bets across multiple horses in a race rather than putting all your money on just one. In the investment world, it means allocating your funds across different types of assets like stocks, bonds, and maybe even commodities or real estate investment trusts (REITs). This way, if one asset underperforms, others may compensate, reducing overall risk.

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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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