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By:

Kaustubh Kale

10 September 2024 at 6:07:15 pm

Akshay Tritiya and Gold

As Akshay Tritiya arrives, gold once again takes centre stage in Indian households. For generations, buying gold on this auspicious day has been considered a symbol of prosperity, purity, and good fortune. It is not just a purchase. It is an emotion, a blessing, and a tradition passed from one generation to another. But beyond tradition, gold also carries an important financial lesson. Gold is not just jewellery. It is an asset. Gold During Uncertain Times Over the years, gold has proved its...

Akshay Tritiya and Gold

As Akshay Tritiya arrives, gold once again takes centre stage in Indian households. For generations, buying gold on this auspicious day has been considered a symbol of prosperity, purity, and good fortune. It is not just a purchase. It is an emotion, a blessing, and a tradition passed from one generation to another. But beyond tradition, gold also carries an important financial lesson. Gold is not just jewellery. It is an asset. Gold During Uncertain Times Over the years, gold has proved its worth not only during festivals, but also during uncertain times. Whenever the world faces wars, inflation, currency weakness, economic slowdown, or financial panic, investors across the globe look at gold as a safe haven. This is because gold has a unique quality. It is trusted across countries, cultures, and generations. It does not depend on the promise of one government, one company, or one currency. Why Gold Holds Value Unlike paper currency, gold cannot be printed endlessly. Unlike businesses, it does not depend on profits or management quality. Unlike real estate, it is globally accepted and easily valued. This is why gold continues to remain one of the oldest and most respected stores of value. It has survived centuries of change, economic cycles, wars, and financial crises. The Right Role in Your Portfolio That said, gold should not be treated as a shortcut to wealth creation. Equities and equity mutual funds still remain essential for long-term growth. Gold plays a different role. It brings balance, stability, and protection to your portfolio. When equity markets are volatile or global uncertainty rises, gold often provides comfort. A sensible allocation of around 10-20% to gold can help reduce overall portfolio risk.  So basically, while stocks and equity mutual funds play the lead role in your long-term financial goals, gold plays the supporting but essential role. Physical Gold Has Limitations However, the way you invest in gold matters. Buying physical gold during festivals may feel emotionally satisfying, but it comes with practical challenges. There are making charges, purity concerns, storage issues, risk of theft, and liquidity problems. A necklace may be beautiful, but you cannot easily sell only a small portion of it when you need money. Also, when gold is bought as jewellery, the investor often forgets to calculate the actual return after making charges and deductions. Smarter Ways to Invest This is where Gold Mutual Funds and Gold ETFs become useful. They allow you to invest in gold without worrying about lockers, purity, theft, or storage. You can invest flexible amounts, start SIPs, track value easily, and redeem conveniently when required. For investors who want gold as part of their financial plan, these options are far more practical than buying jewellery purely as an investment. Tradition with Financial Clarity Akshay Tritiya is a beautiful reminder that wealth should be built with faith, patience, and clarity. Buying gold is auspicious, but buying it in the right form is financially wise. This Akshay Tritiya, celebrate tradition - but also upgrade your financial thinking. Because true prosperity is not just about owning gold. It is about owning it smartly. (The writer is a Chartered Accountant and CFA (USA). Financial Advisor. Views personal. He could be reached on 9833133605.)

Breaking Barriers, One Dive at A Time

Updated: Oct 21, 2024

Janhavi Deodhar becomes India and UAE’s youngest female PADI course director

Breaking Barriers, One Dive at A Time
Breaking Barriers, One Dive at A Time

Mumbai: In a groundbreaking achievement that challenges societal norms and paves the way for future generations, Janhavi Deodhar, 23 years old from Mumbai has become India and UAE’s youngest female scuba diving PADI Course Director (professional association of diving instructors)


This remarkable feat not only showcases her exceptional skills and passion for the underwater world but also serves as a beacon of inspiration for aspiring female divers and educators.


Janhavi's journey to becoming a PADI Course Director began at a young age when she first discovered her love for the ocean at the age of 16 in Malvan, Sindhudurg her native town.


Driven by her curiosity and a desire to explore the depths, she embarked on a rigorous training program to obtain her scuba diving certifications and marking her first milestone as "One of the youngest PADI female specialty instructor from India in PADI" at the age of 20.


Her dedication and talent quickly set her apart, and she rapidly progressed through the ranks of diving education and diving industry.


As a youngest and first female Indian PADI Course Director, Deodhar is responsible for training and certifying other individuals in scuba diving.


Her role involves teaching a wide range of diving Instructors , from beginner to advanced levels, and ensuring the safety and well-being of her students. Her expertise and enthusiasm have made her a highly sought-after instructor, and she has mentored countless pro level candidates and individuals in their underwater adventures and professional career.


Janhavi's achievement is particularly significant, given the underrepresentation of women in the field of scuba diving.


By breaking this glass ceiling, she is not only inspiring other young women to pursue their dreams but also contributing to a more diverse and inclusive diving community.


Her accomplishment is a testament to her hard work, perseverance, and unwavering belief in herself.

It is a reminder that with passion, dedication, and a willingness to take risks, anything is possible.

"The ocean has always called to me. Its vastness, its mysteries, its silent beauty – it was an allure I couldn’t resist,” says Deodhar.


She started diving young, captivated by the underwater world and its incredible inhabitants. What began as a passion quickly morphed into a desire to share this experience, to guide others on their own underwater journeys.


The training was rigorous, demanding, but she thrived on the challenge.


“I loved teaching, sharing the knowledge I had acquired, and seeing the joy in others' eyes as they discovered the magic of scuba diving. But my ambitions were deeper and wider reaching far beyond the confines of my instructor certification. I wanted to be a PADI Course Director, the highest level of instruction in the diving world,” she says.


However, the journey to becoming a Course Director is long and arduous. It requires extensive training, and a commitment that borders on obsession. For a young woman, the challenges were even greater. The diving world, for too long, has been a male-dominated field.


“I faced skepticism, doubt, and the weight of expectations. But I was determined to prove that age and gender were no barriers to my dreams. I dedicated myself to the training, pouring every ounce of energy into honing my skills,” she says.


Days bled into nights, filled with studying, practicing, and immersing myself in the intricacies of diving theory and practice. The financial strain was considerable, demanding careful budgeting and sacrifices. But the fire within her burned brighter than any obstacle. The pressure was immense, but her dedication, commitment and passion had prepared her for this moment.


“When the results were announced, and I learned I had become the youngest Indian female PADI Course Director it felt like a culmination of unwavering dedication, passion, and hard work. It was more than just an achievement – it was a victory for all women who dare to dream big and push boundaries. Looking back, I wouldn’t trade a single moment. It was a journey that shaped me, forged my character, and taught me the true meaning of perseverance.”


Now, as Deodhar stands before my students, eager to learn and embark on their own diving journeys, she carries the weight of their aspirations and the responsibility to guide them with the same passion and dedication that fueled my own journey.


“My hope is that my story will inspire other young women, showing them that anything is possible if they dare to dream big and dive deep into their passions," she says.

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