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Pooja

Pooja Khera  |21 Answers  |Ask -

Life, Relationship Coach - Answered on Jan 17, 2023

Pooja Khera has a PGDM in human resources from Amity University and is a happiness and wellbeing coach certified by Yale University. She also has a master's degree in astrology and is a tarot card reader as well.... more
Asked by Anonymous - Jan 17, 2023Hindi
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I rarely use astrology anymore, and even then it is just out of curiosity. The more we become self-aware, the more checking into astrology only agrees with what we have already discovered within ourselves.Like looking at the natal charts of Johnny Depp and Amber Heard during this very-public law suit. The astrological conclusion? Inconclusive.

Ans: Astrology is a cosmic form that guides you with how the planetary movements guide our lives, shape our personality and our lives. Self awareness on the other hand helps us work on our habits, attitudes and overall personality. In my opinion, astrology can be used in a lot more detailed form as guidance and a lot more.

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Ashwini

Ashwini Dasgupta  |103 Answers  |Ask -

Personality Development Expert, Career Coach - Answered on Nov 03, 2023

Asked by Anonymous - Oct 22, 2023Hindi
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Career
Hi Ashwini, I had earlier got highly balanced answer so here I am with one more question! At many times, I get unique ideas for business. One of the ideas was also appreciated by one of the Rediff Gurus for start up. My problem is, I immensely believe in Astrology. I have a habit of taking an advice of an astrologer, be it a tarot card reader or numerologist or Vedic traditional astrology. Sometimes, I get encouraging advice and many times, the astrologer rules out success in business because of some planet in a specific house or current planet positions etc. My question to you comes now! Do you think that most successful people have ever followed astrology before starting a venture? or how much weigh I should give to "luck" before venturin out. As of now I have about 6-7 business ideas and they are one of a kind (out of box) and stuck in the US for a job and only way of returning to India is quitting the job and starting my own business in India. Please help!
Ans: Dear Sir/ Madam,

Hope you are doing well.

Apology for the delay in reply.

It's good to belief in something if you are convinced about it. It is also equally true to draw a boundary around the same. For example, if Astrology- it's fine if you have the belief on that science at the same, please understand it cannot shape your future or help you reach goals if you do not take appropriate actions in a timely manner.

Yes, many successful people are/have been following astrology having said that there also cases where this science has not worked for many. So, it's important for you to understand to take the information as a reference point and take the necessary actions.

If you have 6to 7 business ideas, pick the best where you are fully convinced and start with one. Invest your energy, time to make it work. You may also speak to your well-wishers and brainstorm on the different ideas you may have. Please remember not everyone would be convinced or sold to your idea at the end it's your baby only you can nurture it.

Whether you follow astrology or not is a personal choice. While making decisions on any of the ideas you may want to execute you need to also rely on the factual information and it's potential to grow rather than relying solely on the astrology. I agree luck can play a role on any success at the end it's a combination of hard work, consistency, passion, proper planning and so much more.

If you are passionate about your business ideas then is no looking back you will bound to get success. Ultimately the decision to start your business is a personal choice and it should align with your goal, values and circumstances. Weigh the pros and cons and its potential and get going. All the best.

Hope this helps.

To Your Success. Be You. Be Confident.
Ashwini Dasgupta
Author of Confidence Decoded. Is it a skill or attitude?

..Read more

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Asked by Anonymous - Mar 20, 2025Hindi
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Sir Namaskar. I need 10 lac. I can put around 15-20k every month. I am now at 57. Please suggest me the way out. Regards
Ans: You need Rs. 10 lakh.
You can invest Rs. 15K–20K per month.
You are 57 years old.
A structured approach will help you reach your goal efficiently. The right investment choices, tenure, and risk management will be key.

Assessing the Timeframe
If you need Rs. 10 lakh within 3 years, a low-risk strategy is better.
If you have 5+ years, you can take moderate risk for better returns.
Your risk appetite, income stability, and other financial commitments also matter.
Short-term and long-term plans need different strategies.

Choosing the Right Investment Strategy
Low-Risk Approach (For 3 Years or Less)
Bank recurring deposits (RDs) offer stable but low returns.
Short-term debt mutual funds give slightly better returns than RDs.
Fixed deposits (FDs) in small finance banks provide higher interest.
Corporate bonds of high-rated companies can offer fixed income.
These options are safe but may not beat inflation.

Moderate-Risk Approach (For 3–5 Years)
Conservative hybrid mutual funds balance equity and debt.
Dynamic bond funds adjust based on interest rate changes.
Post office savings schemes offer security but fixed returns.
Gold ETFs can act as a hedge against inflation.
Moderate risk gives better returns than FDs but needs periodic review.

Growth-Oriented Approach (For 5+ Years)
Actively managed flexicap mutual funds allow growth with risk control.
Large & midcap funds balance safety and higher returns.
SWP (Systematic Withdrawal Plan) after 5+ years can give monthly income.
Sectoral funds (like pharma, IT) are riskier but can boost returns.
Long-term investing helps wealth grow faster than inflation.

Managing Liquidity and Emergency Needs
Always keep 6 months’ expenses in a savings account or liquid fund.
Avoid investing all your money in one asset class.
Keep some investments easy to withdraw in case of emergencies.
Liquidity management ensures financial stability while you invest.

Tax Efficiency in Investments
Debt mutual funds are taxed as per your income slab.
Equity mutual funds have 12.5% LTCG tax after Rs. 1.25 lakh gains.
FDs have TDS if interest crosses Rs. 40K (Rs. 50K for senior citizens).
Choosing tax-efficient instruments will maximize net returns.
Tax planning helps in retaining more earnings.

Retirement Considerations While Investing
Since you are 57, your investment should not affect retirement savings.
If your pension or other income is fixed, don’t take excess risk.
If you have additional savings, you can afford a balanced approach.
Avoid investing everything in equity unless you have surplus funds.
Retirement safety should be a priority while planning for Rs. 10 lakh.

Practical Investment Plan Based on Timeframe
If Needed in 3 Years
50% in short-term debt funds.
30% in fixed deposits or post office schemes.
20% in high-rated corporate bonds.
Low risk with steady returns.

If Needed in 5 Years
50% in conservative hybrid funds.
30% in large & midcap equity funds.
20% in short-term debt funds.
Balanced risk with potential growth.

If Needed in 7+ Years
60% in actively managed equity funds.
20% in hybrid funds for stability.
20% in gold ETFs or debt funds.
Higher risk but better long-term gains.

Avoiding Common Investment Mistakes
Don't keep all savings in FDs, as they give low post-tax returns.
Avoid high-risk stocks or thematic funds if you need funds soon.
Never invest emergency funds in volatile assets.
Review investments annually to stay aligned with the goal.
A disciplined approach prevents financial stress.

Finally
Your Rs. 10 lakh goal is achievable with systematic investing.
Choose the right asset mix based on your timeframe and risk level.
Keep tax efficiency, liquidity, and retirement security in mind.
Regular review and professional guidance will optimize your returns.
Best Regards,

K. Ramalingam, MBA, CFP

Chief Financial Planner

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

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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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