Home > Money > Question
Need Expert Advice?Our Gurus Can Help
Ramalingam

Ramalingam Kalirajan  |2636 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on May 08, 2024

Ramalingam Kalirajan has over 23 years of experience in mutual funds and financial planning.
He has an MBA in finance from the University of Madras and is a certified financial planner.
He is the director and chief financial planner at Holistic Investment, a Chennai-based firm that offers financial planning and wealth management advice.... more
Asked by Anonymous - Apr 15, 2024Hindi
Listen
Money

I want immediately 3 crore rupees and I can give 10 lakhs per month in return upto 5 years. Any one interested please contact me

Ans: Seeking immediate access to a large sum can be a challenging endeavor. While your need for funds is understandable, it's essential to approach this with caution and explore options that align with your long-term financial well-being.

Firstly, offering monthly returns of 10 lakhs for up to 5 years is a significant commitment, and potential investors may seek clarity on the nature of the investment, risk involved, and legal documentation.

Consider engaging with a Certified Financial Planner to explore alternative solutions tailored to your specific circumstances and financial goals. They can help devise a comprehensive financial plan that addresses your liquidity needs while optimizing your investment strategy for sustainable growth.

Avoid hasty decisions that may compromise your financial stability in the long run. Instead, focus on building a diversified investment portfolio that generates steady returns over time, reducing reliance on short-term financing arrangements.

Explore options such as debt instruments, equity investments, or structured products that offer a balance between liquidity and returns. Each investment avenue carries its unique set of risks and rewards, so thorough due diligence is essential before committing funds.

Keep in mind that achieving a substantial corpus requires time and patience. While it may be tempting to seek immediate solutions, prudent financial planning involves careful consideration of various factors, including risk tolerance, investment horizon, and liquidity requirements.

Stay positive and proactive in your pursuit of financial stability. With the right guidance and a well-thought-out strategy, you can navigate challenges and achieve your monetary objectives in a sustainable manner.
DISCLAIMER: The content of this post by the expert is the personal view of the rediffGURU. Users are advised to pursue the information provided by the rediffGURU only as a source of information to be as a point of reference and to rely on their own judgement when making a decision.
Money

You may like to see similar questions and answers below

Latest Questions
Archana

Archana Deshpande  |37 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on May 19, 2024

Listen
Career
I have completed my B.E in Mechanical in 2021. But jobless till now due to many factors such as following: 1)Due to family issues 2)Low Salary packages inspite of longer distance travelling to office 3) Slow growth in the establishment 4) preparing for govt jobs No I am fed up with all above things... What to do ?
Ans: Hi!!
Syed, you are asking me what to do, here are my suggestions-
1. have clear goals with respect to your job
2. you have listed so may reasons for not taking up a job, now find a few reasons to take a job - your self respect, your own money to spend are some I can think of
3. it's very easy to quit a job, find reasons to stay
4. invest in your physical and mental well being, a clam and collected mind will take better decisions
5. I really won't say slow growth in an organisation, if I had finished engineering in 2021 and it is middle of 2024 now
6. preparing for Govt Jobs is a good idea, look into doing this thing well if you are really serious about it
7. give your 100% in everything you do Syed!! Let there be energy, enthusiasm and excitement in your search for a job, it's your life, take charge of it and see how you want it to unfold. Do all that which is in your control
8.you get fed up when you don't see progress and not celebrate your wins however small they may be! Every step you take towards your goal, pat yourself on the back, be your greatest cheer leader
9.do not compare yourself with others, compare only if you feel inspired
10. focus on your well being and happiness
11. take up a job and do well there, it is better to do a job than to sit idle or
12. look to upskill in an area you want to work, look for job oriented courses
13. seek help if need be

All the very best!!

...Read more

Archana

Archana Deshpande  |37 Answers  |Ask -

Image Coach, Soft Skills Trainer - Answered on May 19, 2024

Asked by Anonymous - Apr 17, 2024Hindi
Listen
Career
Hi, I have worked in reputed corporate company for 3 years as Data Integration Analyst and due to burnout I took a break for 1 year 2 Months. Now I want to get back to IT, however I am not getting sufficient call backs from HR. I would like to know do I have chance to get into IT again with this gap? kindly help
Ans: Hi!!
Congratulations on taking a break because you felt exhausted and recognised a need for a break! You prioritized your well being, good. Not many have the courage to do this and the support system that allows them to do this. Count your blessings!!

I am splitting my answer into two parts..

Part A: Ask yourself - "why did this burnout happen?", write them down, analyse and ensure it doesn't happen again.

Part B: Tell yourself - "1 and a 1/2 years break is a very small gap in a lifetime". I would have loved to know how you utilized and spent this 1 and a half years. This is for everyone who is taking a break, take a break but use your time wisely to learn a skill, volunteer, travel... it has to be action oriented and not just sleeping and wasting your time, do all those things that you could not do because of your job! When on a break focus on your physical, mental, emotional and spiritual areas of your life. Let the blossom.

If you want to stick to IT industry then keep looking, you'll find what you want. Ask for help from seniors and people you know to get you back into the job market. Ask and don't be afraid of hearing a NO, don't take a "no" personally. Ask and you shall seek. Meanwhile keep learning skills to up your prospects in whatever areas you want to work.

All the best!!

...Read more

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.

Close  

You haven't logged in yet. To ask a question, Please Log in below
Login

A verification OTP will be sent to this
Mobile Number / Email

Enter OTP
A 6 digit code has been sent to

Resend OTP in120seconds

Dear User, You have not registered yet. Please register by filling the fields below to get expert answers from our Gurus
Sign up

By signing up, you agree to our
Terms & Conditions and Privacy Policy

Already have an account?

Enter OTP
A 6 digit code has been sent to Mobile

Resend OTP in120seconds

x