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Anil

Anil Rego  |373 Answers  |Ask -

Financial Planner - Answered on Jan 26, 2023

Anil Rego is the founder of Right Horizons, a financial and wealth management firm. He has 20 years of experience in the field of personal finance.
He’s an expert in income tax and wealth management.
He has completed his CFA/MBA from the ICFAI Business School.... more
Syed Question by Syed on Jan 26, 2023Hindi
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Is investment in mutual funds good at this point of time when the economic scenario is not looking up?

Ans: The best part of mutual funds is that you can invest through a systematic investment plan (SIP) where you need not time the market, especially if you are looking at a long term perspective (3-5 years or more)
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.
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Vivek

Vivek Shah  |60 Answers  |Ask -

Financial Planner - Answered on Feb 13, 2023

Asked by Anonymous - Feb 13, 2023Hindi
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Sir Is it right time to invest in Mutual funds as the stock prices are falling due to Adani Problem
Ans: First of all as an investor and also managing your family finances, you need to answer following questions before deciding on which instrument you want to invest

1) Goal or financial goal or purpose of doing investment.
This will matter a lot as a goal of child education and retirement needs to see with different perspective and also should have asset allocation and market cap exposure accordingly.

2) Time Horizon of your goals- this is very important as it will help you to select the asset class and it's allocation based on your time period of financial goals. This is where investor makes biggest mistake of misalignment of asset time cycle and goals time period. If you allign this properly, your journey will be quite smooth.

3) Optimum Return expectations on your capital invested-
If you are saving and investing for some better future to fulfill your goals offcourse you will ask something in return which should be respectable higher returns than inflation for long term period( more than 7 years). If you are investing in India than equity return assumptions and calculations should be based on 12% return expectations and debt it should be 6.5%. Remember that you should assume practical return assumptions ( not the highest or what your friend says) as you can put any number in the excel sheet for your mental satisfaction😃

4) Risk taken on your capital-
Risk is a very negative word being taken in india but actually it's the risk appetite and risk acceptance of an investor which makes his outcome/ returns favourable. Understand one thing that if you want high returns you have to assume high risk and there is no option for it or an investor has to be happy with sub optimal returns if he is not ready to take risk.

Risk according to me is the capacity of a person until where and when he will not have any palpation in his stomach and he can absorb the downside easily( both realised and majority of time unrealised).

You should remember one thing that after deciding on above parameters, TIME IN THE MARKET IS MORE IMPORTANT RATHER THAN TIMING THE MARKET. As an investor, wealth is created over a period of decade and have your allocation to equity accordingly and enjoy the journey of markets which is going to be up and down.

After looking at all these parameters you can think of taking allocations to equity mutual funds and decide how much allocation to equity mutual funds is comfortable to you. If you dont have any prior expertise in investing in mutual funds or equity markets, its better to hire an advisor to help you do that or start with allocation in Equity Diversified mutual funds which will help you to take exposure in stocks.

And after all that, i would say it's your behaviour and emotions management which will help you create wealth in the equity market.

I hope this helps. Happy investing

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Dr Dipankar

Dr Dipankar Dutta  |578 Answers  |Ask -

Tech Careers and Skill Development Expert - Answered on Sep 11, 2024

Asked by Anonymous - Sep 06, 2024Hindi
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A doctorate from IIT Bombay in Metallurgy and masters from NIT in Manufacturing with 5 years of experience including 2 years in academics and currently working from past 3 years in industry where I work mostly on finite element analyst of forging and bulk extrusion process and New product development as manager heading a team of 5 people. I have working knowledge of 3-4 FE software related to metal forming domain along with ANSYS STRUCTURAL. Despite that I am not getting any interview calls as I am currently looking for a job switch and have put up my profile both on NAUKRI AND LINKEDIN. Some calls are coming to me but that are all irrelevant profiles in which my expertise is not there. I have been trying for the past 6 months but have not got any positive response. Despite such a highly educated person from premier institute and not getting any response is highly depressing. Could you suggest how to apply and where to apply and any other website where I shall make my profile to get a positive response ? I am open to other roles such as metallurgy, product management, operations, vehicle dynamics based CAE etc but companies are just looking for relevant experience and they are rejecting my profile if relevant experience is not found. What to do ? Please advise
Ans: It's understandable that despite your strong qualifications, you're facing challenges in securing relevant interview calls.
Tailor Your Resume: Ensure that your resume is tailored for the specific job roles you are applying to.
Keywords Matter: Use industry-specific keywords on your resume and LinkedIn profile. Recruiters and companies often use Applicant Tracking Systems (ATS) to screen resumes, which rely heavily on keywords.
Take help of professional to restructure your resume suitably.
Beyond Naukri and LinkedIn, explore industry-specific job portals. For your domain, platforms such as EngineerJobs.com, iMetalHub, and MetallurgicalJobs.
Make a list of companies that operate in your domain, then apply of your own.
You can upgrade your skill by doing online courses.
Hope these will help you. Give your feedback.

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Milind

Milind Vadjikar  |95 Answers  |Ask -

Insurance, Stocks, MF, PF Expert - Answered on Sep 10, 2024

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Hi, My name is Kunal, I am 38 years old and my wife is 30 years old. I will be retired at the age of 60. I have two kids, a boy(9 years) and a girl(3 years). My basic is 57000 and I get 3% annual increment on basic. My take home salary is 48000. I have PPF(12500/M), SSY(2000/M) and LIC(5850/M) and our monthly expenses around 20000. I want to buy a home, children's educational expenses and my retirement goals are 1 Cr. Can you give a valuable strategy, how and where to invest to get my all goals?
Ans: I presume you have endowment type life insurance policy from LIC, the returns from which are not up to the mark. If you can surrender it and take a term insurance plan then you can still save around 50K annually after factoring Term Plan premium of 20K pa, considering your current annual payment to LIC of ~70K. That translates to investible surplus of 4K + current monthly disposal income after expenses: 7K, So 11K SIP can be initiated. 4K SIP for 15 years will led to corpus of 22L+(13%return assumed) for daughter's education

If surrendering the LIC policy is not an option then you can still deploy the current balance of 7K + incremental disposable part of salary each year into a SIP for 22 years considering conservative return of 13% it can still build a retirement corpus of 1Cr+ as desired.

You can fund son's higher education through PPF but for daughter's education you need to hike investments in SSY also to 1.5L pa and for house you will need to find home loan(Use EPF partial withdrawal towards down payment)

Here it pertinent to note that you may need to increase your income in some way maybe either job change or spouse working so to have additional funds to invest for your goal fulfillment. Happy to help if you have any further queries.

...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.

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