The Market Crash That Changed How He Invests
About Their Journey
Before 2020, Vikrant's investing decisions were largely influenced by conversations with friends and family. As long as markets were performing well, he remained comfortable continuing with his investments.
That changed during the COVID-19 market correction. As portfolio values declined sharply, he found himself questioning whether he should remain invested at all. Concerned by the losses he was seeing, he was prepared to stop his investments and redeem his portfolio.
At the time, however, his long-term goals had not changed. His retirement plan and his daughter Myra's future education remained as important as ever.
Client Snapshot
- Client
- Vikrant Verma, 43
- Location
- Noida
- Profession
- Technical Program Manager, Zones Corporate
- Investing with FinEdge
- Since 2016
Client Goals
Myra's Graduation
2030
Inaaya's Graduation
2038
Retirement Planning
2042
Emergency Fund
Active
Process
Learning to make decisions through goals, not markets.
Staying focused during market uncertainty
Rather than reacting to short-term market movements, Vikrant chose to stay invested and keep his long-term goals at the centre of his decisions.
Seeing the recovery through
As markets recovered, the temporary losses gradually reversed, reinforcing the value of staying invested through difficult periods rather than reacting to them.
Expanding his planning over time
As his family's priorities evolved, new goals were added to the plan, including education planning for his younger daughter, Inaaya, along with maintaining an emergency fund.
Evaluating decisions through future goals
Today, before making any significant investment or redemption decision, Vikrant first considers how it could affect the achievement of his long-term goals.
Impact
Today, Vikrant continues investing towards Myra's graduation in 2030, Inaaya's graduation in 2038 and his retirement goal in 2042, while also maintaining an emergency fund.
More importantly, his approach to investing has changed. Decisions that were once influenced by market movements are now viewed through the lens of long-term goals and future milestones.
The experience of staying invested during the 2020 market correction helped strengthen his confidence in long-term investing and reinforced the importance of keeping short-term volatility separate from long-term plans.
Client's Voice
I feel that I am more aware of what it takes to invest long for your goals. My investment manager has been by my side and has been most reassuring when it was most needed.
