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Looking for investment advice: Best funds for someone in their mid-twenties with a long-term horizon?

Ramalingam

Ramalingam Kalirajan  |7758 Answers  |Ask -

Mutual Funds, Financial Planning Expert - Answered on Jan 10, 2025

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
Girish Question by Girish on Jan 10, 2025Hindi
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Thank you very much Could you pls advise some good funds

Ans: It's best to consult a Certified Financial Planner (CFP) or Mutual Fund Distributor (MFD) for personalised recommendations based on your goals, risk appetite, and financial situation.

Best Regards,

K. Ramalingam, MBA, CFP,

Chief Financial Planner,

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

Ramalingam Kalirajan  |7758 Answers  |Ask -

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Can you suggest me some funds to invest sir..?
Ans: I'd be happy to help guide you through the process of selecting investment funds, but I must emphasize the importance of considering your individual financial situation, goals, risk tolerance, and investment horizon before making any investment decisions. Without knowing your complete financial picture, including factors like your income, expenses, existing investments, and long-term goals, it's challenging to provide personalized recommendations that suit your needs.

Investing is not one-size-fits-all, and what works well for one person may not be suitable for another. Factors such as your age, financial goals (e.g., retirement, buying a house, education funding), risk tolerance, and investment timeframe all play a crucial role in determining the most appropriate investment strategy.

It's always wise to consult with a financial advisor who can assess your individual circumstances and provide personalized recommendations tailored to your specific needs and goals. A financial advisor can help you create a well-diversified investment portfolio that aligns with your risk tolerance and long-term objectives while taking into account various investment options such as mutual funds, exchange-traded funds (ETFs), stocks, bonds, and other asset classes.

By working with a financial advisor and taking the time to understand your investment options thoroughly, you can make informed decisions that are best suited to your financial situation and objectives, ultimately helping you to achieve your long-term financial goals.
Ramalingam, MBA, CFP
Chief Financial Planner at Holisticinvestment.in

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Dr Nagarajan Jsk   |224 Answers  |Ask -

NEET, Medical, Pharmacy Careers - Answered on Feb 01, 2025

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I have completed my msc in biochemistry n now doing internship but I am confusing about my future because I see this field don't pay me inuff for life even for future... N don't have more jobs in Maharashtra. I don't like production jobs but in Pharma only production pay much so what can I do .. Can u suggest me which job is high payable after Msc biochemistry
Ans: Hi Nandu,

Greetings!

Could you please let me know which year you completed your course and whether you are currently doing an internship or apprenticeship? An internship is part of the curriculum, where students gain practical training, sometimes with a stipend and sometimes without. After completing your course, you can opt for an apprenticeship, which typically lasts one to one and a half years and includes a stipend, usually split 50%-50% between the industry and government.

If you are in the internship phase, please inform me about the specific field you are working in. Initially, you may not expect a high salary, but after gaining expertise in your field, your compensation will improve. Typically, this takes about three years, so it’s important to focus on skill acquisition for a better future.

If your internship aligns with your field of study, I encourage you to continue and consider starting a medical lab or exploring opportunities in medical devices related to biochemistry. However, pursuing a career in pharmaceutical production may not be suitable for you, as it is a different field, and you may find it challenging to grasp the processes involved since you are currently inexperienced in that area.

Please share the specific field of your internship, and I would be happy to provide more tailored advice.
with regards

Poocho. Life Change Karo!

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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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