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Preetam

Preetam Patil  | Answer  |Ask -

IIT-JEE, NEET-UG, MH-CET Expert - Answered on Apr 04, 2023

Professor Preetam Patil is the founder and principal of Mumbai-based Laksha 24, which offers coaching for IIT-JEE, NEET and MH-CET entrance exams and for Classes 11 and 12. He offers free online coaching through his YouTube channel, Prime Physics. Patil has an MSc in electronics from Nowrosjee Wadia College, Pune. With over 18 years of experience, PPT Sir has trained over 20,000 students, including toppers and aspirant tutors from across Maharashtra.... more
Gouri Question by Gouri on Apr 03, 2023Hindi
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Career

It is my career is bright. What will be happen in future

Ans: That's a tough question, but it doesn't have to be daunting. After all, you are the one in charge of your own career and you have the power to create the future you want! It might take a little hard work and dedication, but believe me, if you stay the course and make the right decisions, your career can have a ridiculously bright future.

But let's be honest: Nobody can predict the future. I mean, sure, you can look at trends and make educated guesses, but only you can decide the direction of your career. So why stress about something you don't really know? Instead of worrying about the unknown, why not focus on the things that are within your control?

First off, create a plan and a vision for where you want to be. Write down your goals and objectives, break them down into actionable steps, and take those steps one at a time. That way, when you look back at the end of the day, you can see tangible progress.

Second, take pride in your work and always strive to be an expert in your field. Stay ahead of the latest trends in the industry and make sure that your skills are sharp and up-to-date. Not only will this ensure that you're always in high demand, it will also help keep your passion alive.

Finally, remember to be flexible. Keep an open mind and be ready to adapt to new situations. Changes are inevitable in any career, so don't be afraid to adjust your plan as needed to stay one step ahead.

So take control of your career and don't be afraid to dream big. With the right plan and a bit of hard work, I'm confident that your future is bright and anything is possible!
Career

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My boyfriend tells about us to his parents his parents rejected our relationship due to intercaste and they also stop talking to him it's been 4 months his mother don't talk to him .He is in navy . And they also started searching girl for him . He want to maintain distance from me he is not happy he is stressed as his own parents are not talking to him And also maintaining distance to me he talks to me me but just because I can't live without him but he changes in behaviour what to do
Ans: Dear Shruti,

I am sorry that you are in this situation. First of all, please try to look at it from your partner's perspective. It isn't easy to confront your parents and it's even harder when they stop communicating altogether. Having said that, I also understand how it is for you. It is not fair, especially in today's day and age, to face discrimination based on caste.

You have two options:
One, you wait patiently, emotionally support your boyfriend, and hope that his parents come to their senses and realize that we are living in 2024, and caste-based discrimination is ridiculous. In this scenario, you do have to let go of your self-respect and have to face many more hardships, that much is guaranteed.

The second option is you hold your head high and move on. Yes, it isn't what you hoped for when you emotionally invested in building this relationship, but unfortunately, these things are still happening. In this scenario, you will be sad for a long time, but you don't have to compromise on your self-respect and you will move on and live to see happier days with someone who respects you and sees you for who you are and not your caste.

Now, the choice is yours.

Best Wishes!
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Mutual Funds, Financial Planning Expert - Answered on Apr 18, 2024

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Hi sir, i have total 10k for investment of which I'm currently investing 7000rs in icici prudential nifty 50 index fund for 15-20 years, and ready to put 2000 rs for investment.My goals is to earn a cagr of more than 15 percent with 10 k for 15-20 years with little risk. Also suggest some term insurance without good claim settlement ratio and coverage upto 1cr
Ans: Hello,

Given your investment amount and goals, here are some suggestions:

Investment Strategy:

Additional SIP:
Invest the additional ?2,000 in a diversified equity mutual fund to balance your portfolio.
Choose a fund with a track record of consistent performance and a lower expense ratio.
Goal of 15% CAGR:
While aiming for a CAGR of 15% is ambitious, it's crucial to understand that higher returns generally come with higher risks.
Opt for a combination of equity and debt funds to balance risk and return.
Consider small-cap or mid-cap funds for higher growth potential, but be prepared for increased volatility.
Term Insurance:

Coverage of ?1 Crore:
You can consider term insurance plans from reputable insurers that offer coverage up to ?1 crore.
Compare premium rates, features, and claim settlement ratios before choosing a plan.
Claim Settlement Ratio:
Look for insurers with a high claim settlement ratio, indicating their reliability in settling claims.
Avoid insurers with a history of low claim settlement ratios or negative reviews.
Remember, while aiming for higher returns, it's essential to assess your risk tolerance and invest accordingly. Diversify your investments across asset classes and regularly review your portfolio to ensure it aligns with your financial goals and risk profile.

Consult a Certified Financial Planner for personalized advice tailored to your needs and financial situation.
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