Vikrant Verma · Noida · investing since 2016
He Was Ready To Sell Everything In 2020
His portfolio had fallen. His goals had not moved. Only one of those facts was easy to see at the time.
March 2020
Concerned by the losses he was seeing, he was prepared to stop his investments and redeem his portfolio.
His long-term goals had not changed. His retirement plan and his daughter Myra's future education remained exactly as important as they had been a month earlier.
He stayed invested. As markets recovered, the temporary losses gradually reversed.
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.
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.
What changed permanently was not the portfolio. It was the order of the question: before any significant investment or redemption, he now asks what it would do to the goals first, and what the market is doing second.