After plus two study in PCBM , what are courses are available in uk and usa However these must be recognised by UGC

Ans: I have read your personal evaluation of your son as a doting parent.
I can only advice based on the observations made by you.

In these situations these are called reactive counselling which will not be accurate simply because I haven't heard from the incumbent.
The child is talented and has a creative mind too with the music school certification too!
The mind is experimental looking for new creative challenges.

The career stream should be based on the candidates acumen and aptitude.
Prima facie you have knocked out business and commerce based on your statement can't understand business ...!

Synopsis:gets good marks in Maths, Physics and Chemistry

So science stream is suggested, however need to meet candidate for professional career counselling.

All the best in the most important decision!

Ans: Hello Mr Kunal!!
It is good yo see a parent so aware about their child's capability and wanting the best for him. Congratulations on that!!

Well, to answer your question...... you can google 'career guidance after 10th', there will be a host of companies offering an aptitude test to gauge your son's capabilities. Based on the test they'll suggest a future path on choosing a career and on further education. You can choose one of them based on the reviews and talking to them over phone.

Use a combination of-
1. your son's views on what he wants to do,
2. your gut feeling as a parent and
3. the outcome of the aptitude test to arrive at a final decision.
A single personality test can't decide the future of your child. Make an informed decision, you can involve his teachers who know him well too,

All the best in choosing the best for your son!!

Ans: Hello Mr Mukesh!!
Your son is lucky yo have a father who sends him to the best school. He is getting a good foundation. Investigate why he is scoring less. What do his teachers say about him? As a parent how do you evaluate your child? What is his level of understanding in each subject? Where does his interest lie in? Is he consistent with his studies, does he study regularly on a day to day basis? Remember you become a master in what you repeat, revising and recalling is also a very important part of studies to score good marks.

If your son's focus is good and intelligence levels are average, then he can score well with regular studies. Ensure he revises whatever is taught in the school everyday. Also check with him if he understands whatever is taught in the school. Your son is 14, he is a big boy now and can participate in problem solving. Involve him in decision making and empower your son. Let him participate in the process of he scoring good marks, every child wants to do well. Some children can study for an hour and score well, some children need to put in a little extra to score well. See if his score can be improved by having a home tutor. Make studying, gaining knowledge and scoring well a enjoyable, positive experience!

Best wishes to you for positive parenting and best wishes to your son for scoring well!!

Ans: Hello!!
You are a married business woman and now you are a mother too!! Congratulations!!
There was a time in the world when a woman was revered just because she was a mother, she carried humanity forward, that in itself was a big responsibility. It is time to put the mother back on the pedestal.....in India they say giving birth, is like a 'punarjanam', rebirth for a woman. Don't you deserve some rest at least for 40 days before you start thinking of your business and all. Your body has undergone a lot during pregnancy and birth of your child. Rest a little, heal well and then get back to work. You deserve it!!

Now the action plan for you to perform the dual responsibility of a mother and a business woman with grace ..
Your baby totally needs you for the first 6 months because you need to breast feed her. Gradually get her used to other care givers. Build a good support system at home as well as at your store. Earmark an area at the store and at your home which can work as home/office. Don't feel guilty about carrying your baby to the office, remember how the New Zealand ex-PM Jacinda Ardern, carried her new born to the parliament?
It is a balancing act between the two... motherhood and business woman, it'll take time and you'll eventually learn it. Give yourself sometime, don't beat yourself down if there is a little loss now in your business or blame motherhood for the loss. With a new born your schedules will go haywire for sometime. Soon you and your baby will settle down into a routine, you'll have to work for that. Be very flexible, flow like a river for sometime, with your mental peace as the centre.
Don't try to do everything by yourself, delegate, seek help.

List out what is important for you in life. Have every task laid out on paper, plan and schedule activities, this one act will bring in a lot of peace to you. You'll never ever feel overwhelmed. Prioritize all tasks on a scale of 1 to 5. Keep your targets simple and doable on a day to day basis.

In between being a mother and a business woman, take care of yourself too!! Sleep well, eat well, 20 mins of physical activity and doing one thing that brings you joy( it can be as small as looking at the sun set or sipping your chai peacefully) on a daily basis will give you the strength to perform your balancing act.

Loads of blessings and best wishes!!

Ans: Hello Praveen,

It's great to see your proactive approach towards long-term investing at 30. Building a diversified equity portfolio through SIPs reflects a disciplined savings habit and a focus on wealth creation.

Regarding your query about withdrawing the profit amount and investing it lumpsum in a different fund without stopping the existing SIPs, it's absolutely feasible. You can choose to reinvest the profit amount in a lumpsum in a different fund manager while continuing your SIPs. However, before making any changes, consider the tax implications and exit load, if any, on the profit amount.

Now, for suggesting a portfolio with good returns over the long term, it's essential to have a balanced approach with exposure to various market segments. Given your existing holdings, you might consider adding a large-cap or flexi-cap fund to provide stability to your portfolio. Additionally, having exposure to international funds or thematic funds can provide diversification and potentially enhance returns.

A Certified Financial Planner can offer personalized advice, analyzing your risk profile, financial goals, and investment horizon. They can guide you on optimizing your portfolio, ensuring a mix of funds that align with your objectives and risk tolerance.

Remember, investing is a journey, and staying invested with a long-term perspective while periodically reviewing and rebalancing your portfolio can help you achieve your financial goals. Best wishes on your investment journey!

Ans: Hello Pabak,

Firstly, it's commendable that you have a structured approach towards managing your savings at 70. Your concern for your daughter's marriage and planning for a regular income is indeed thoughtful.

To generate 35K pm from a corpus of 1.05 Cr, a withdrawal rate of approximately 4% annually would be required. However, considering your daughter's marriage budget of 20 lakh and other financial commitments, it's essential to strike a balance between growth and liquidity.

Given the laddered maturity of post office TDs, it aligns well with your near-term requirements. However, to optimize returns, you might consider diversifying a portion from SCSS and Ujjivan Bank FD into debt funds or conservative balanced funds. This can potentially enhance returns while maintaining liquidity.

Your PPF contribution of 35 lakh can continue to grow, providing a tax-efficient and secure avenue for long-term savings. Additionally, the 9 lakh in MIS jointly with your wife can be a source of regular income.

A Certified Financial Planner can offer personalized advice, analyzing your financial landscape, and suggesting adjustments tailored to your financial goals, risk tolerance, and investment horizon. They can guide you on optimizing your portfolio to meet both short-term and long-term financial needs, ensuring a balance between growth and income.

Remember, a well-structured financial plan not only meets your financial goals but also offers peace of mind, allowing you to cherish moments with your loved ones.

Ans: At 60, having a corpus of Rs.3.5 crore with no liabilities is indeed commendable. Your disciplined approach with a monthly SIP and a pension adds to your financial stability.

To generate 1.5 lac per month from a corpus of Rs.3.5 crore, a withdrawal rate of around 5% annually would be required. However, it's essential to consider factors like inflation, potential medical expenses, and unforeseen financial needs that might arise during retirement.

Have you factored in the impact of inflation on your monthly expenses? With rising costs, the purchasing power of money diminishes over time. It's crucial to ensure that your corpus grows at a rate higher than inflation to maintain your desired lifestyle.

A Certified Financial Planner can provide a detailed analysis, considering your financial goals, risk tolerance, and investment horizon. They can guide you on optimizing your portfolio, ensuring a balance between growth and income to meet your monthly requirement and safeguard the corpus for the future.

Remember, retirement is a phase to enjoy the fruits of your labor, cherishing moments with loved ones. Ensuring a well-planned financial roadmap ensures peace of mind, allowing you to embrace retirement with confidence and joy.

Ans: Hello Ashim,

It's wonderful to hear about your proactive approach towards securing your future at 41. Investments in land, PPF, PF, NPS, and LIC reflect a disciplined savings habit and a mix of both traditional and market-linked avenues.

While these investments are steps in the right direction, the sufficiency for your retirement depends on various factors such as your current expenses, desired lifestyle post-retirement, and inflation. Have you considered the future costs and the potential impact of inflation on your savings?

Living in your parents' house provides a unique advantage, reducing the burden of housing expenses. However, retirement planning encompasses more than just shelter. It's about ensuring a comfortable and financially stress-free life, cherishing the golden years with peace and joy.

A Certified Financial Planner can offer a holistic view, analyzing your current financial landscape and guiding you towards bridging any potential gaps. Remember, retirement planning is a journey, and regular reviews and adjustments ensure you stay on course towards a fulfilling retirement.

Ans: Your current investment portfolio is quite diversified with exposure to large-cap, mid-cap, flexi-cap, sectoral, and small-cap funds. It's evident that you've been proactive in building a mix that aligns with your investment goals over the past 2-3 years.

Considering your query about adding a new SIP, diversifying into an index fund or a Nasdaq fund can be a good idea to add an international flavor and potentially benefit from global market movements. This can also serve as a hedge against domestic market volatility.

However, before adding a new fund, it's essential to evaluate your current portfolio's diversification. While you have a good mix of funds, assessing overlap and concentration is crucial. You might consider increasing SIPs in existing funds to maintain a balanced allocation or add a new index or Nasdaq fund for further diversification.

A Certified Financial Planner can provide personalized guidance, analyzing your current portfolio, and suggesting adjustments aligned with your financial goals and risk tolerance. Remember, diversification is key to managing risk, but it's equally important to avoid over-diversification, which can dilute returns. Best wishes on your investment journey!