Hi!Guruji.I am 45 years old,have some money and would like to invest in some stocks.I am a layman in this.If you could guide me which stocks i could go for in long terms basis.Companies that are promising for the years to come.

Ans: There are big opportunities in accounting, finance, and business management on you pursue this program. Also talk to your faculty and get their inputs

Ans: Look for companies and work that inspires you, use your network of friends, relatives, or even Linkedin in the sectors you are keen to work in, upskill your knowledge to be able to take on inspiring roles, make a plan and success will be yours. The key is to not to rush but to continue to put your heart in your current even while looking a job

Ans: Electronics and Communication Engineering is here to stay as an integral part of manufacturing, services and even agriculture sector. And has a bright future. Do your best in studies, excel in your exams and success awaits you.

Ans: Hello, Early on in the career it is natural to get bored with what you are doing get attracted to other fields. Find opportunities where you can use your mech engg knowledge to get better results in construction job. As an engineer gain experience of giving your 100 pc to the current job and let your seniors observe your commitment, result orientation to give you bigger role. Talk to people in your organisation, share your ideas that can work.

Ans: IT as you and your son would know is an sunshine area with lots of opportunities in several fields. IT knowledge can be deployed in a thousand ways in all kinds of careers. Encourage your son to apply his mind with full devotion, focus on studies, engage in software hackathons to sharpen his skills by applying that knowledge.

Ans: Sales and marketing as you know is a field with vast opportunities. Havells is a company to work with, learn and grow. Talk to your colleagues, superiors and get feedback on areas you can improve to meet and exceed the given sales targets. Touch the cause of this toxic environment and how you can improve and get better. Check with your large customers in confidence on what can you do to service them better, identify areas where your company can add products and share this feedback with your seniors. With your experience you would know what is holding you up. Your positive attitude, sincerity and commitment can lead you to growth here or in other companies.

Ans: It is good that you tried to follow a certain path but did not succeed. Accept this reality and move ahead and the pursue a career of your choice. You must appreciate the fact that the UPSC exam preparations lent you lot of experience, learnings that you can leverage. Best course for him would be to upskill his computer science knowledge as this is one area that can lend opportunities to work from home. There are several online forums that can open up job opportunities. Similarly he can connect with his network of friends and classmates from your college over Linkedin or Whatsapp or Facebook groups and seek connections to jobs that his network may know.

Ans: Your brother needs all the family support to come out of this traumatic life experience. Pl continue to cheer him up. Best course for him would be to upskill his computer science knowledge as this is one area that can lend opportunities to work from home. There are several online forums that can open up job opportunities. Similarly he can connect with his network of friends and classmates from HBTI over linkedin or Whatsapp or Facebook groups and seek connections to jobs that his network may know.

Ans: Strategic Financial Planning: Achieving a 4-5 Crore Corpus in 10-12 Years

1. Begin with the End in Mind:
Visualize your financial goal of accumulating a corpus of 4-5 crores within the next 10-12 years. Having a clear vision of your desired outcome will guide your actions and decisions throughout the journey.

2. Understand Your Starting Point:
Assess your current financial situation, including income, expenses, assets, and liabilities. Understanding where you stand financially will help you determine the gap between your current position and your desired goal.

3. Determine the Required Investment Amount:
Calculate the amount you need to invest regularly to reach your target corpus of 4-5 crores within the specified timeframe. Consider factors such as expected rate of return, inflation, and risk tolerance in your calculations.

4. Set Realistic Investment Targets:
Break down your investment target into smaller, manageable milestones. Setting achievable targets will keep you motivated and focused on making consistent progress towards your ultimate goal.

5. Choose the Right Investment Vehicles:
Select investment options that align with your financial goals, risk tolerance, and investment horizon. Mutual funds offer a diverse range of investment opportunities across asset classes such as equity, debt, and hybrid funds.

6. Equity Funds for Long-Term Growth:
Allocate a significant portion of your investment portfolio to equity funds for long-term growth potential. Equity funds have historically delivered higher returns compared to other asset classes over extended periods.

7. Debt Funds for Stability and Income:
Include debt funds in your portfolio to provide stability and generate regular income. Debt funds invest in fixed-income securities such as government bonds, corporate bonds, and money market instruments, offering lower volatility compared to equity funds.

8. Consider Hybrid Funds for Balanced Allocation:
Explore hybrid funds that invest in a mix of equity and debt instruments to achieve a balanced allocation. Hybrid funds offer diversification benefits and can help mitigate risk while aiming for consistent returns.

9. Systematic Investment Approach:
Adopt a systematic investment approach by investing regularly through SIPs (Systematic Investment Plans). SIPs allow you to invest smaller amounts at regular intervals, helping you benefit from rupee-cost averaging and mitigate the impact of market volatility.

10. Review and Adjust Your Strategy:
Regularly review your investment portfolio and track your progress towards your financial goal. Make necessary adjustments to your investment strategy based on changing market conditions, personal circumstances, and financial goals.

11. Seek Professional Guidance:
Consider consulting with a Certified Financial Planner to develop a customized investment plan tailored to your specific needs and objectives. A financial advisor can provide valuable insights, guidance, and expertise to help you navigate the complexities of the investment landscape.

12. Stay Disciplined and Patient:
Achieving a significant financial goal like accumulating a corpus of 4-5 crores requires discipline, patience, and consistency. Stay committed to your investment plan, remain focused on your long-term objectives, and trust in the power of compounding to help you reach your financial destination.

13. Embrace the Journey:
View your financial journey as an opportunity for growth, learning, and self-discovery. Embrace challenges, celebrate achievements, and remain resilient in the face of setbacks. Remember that financial freedom is not just about reaching a destination but also about enjoying the journey along the way.

14. Continuously Improve:
Commit to continuous improvement in your financial habits, knowledge, and skills. Educate yourself about investment strategies, market trends, and financial principles to make informed decisions and optimize your investment returns.

15. Express Gratitude:
Express gratitude for the resources, opportunities, and support that enable you to pursue your financial goals. Cultivate an attitude of abundance, generosity, and appreciation for the blessings in your life, both financial and non-financial.

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