Goal-Based Investments With Patience Ensures Discipline And Consistency

Mandeep Sharma (40) and his wife Sheetal Sharma are proud parents of two daughters Myra and Shyra. When the Sharma couple were in their mid 20s, they were bestowed with their first child in 2009. It was a happy moment for them as both entered parenthood - beginning of a new phase in their lives. As things settled down and Myra turned one year old, the Sharma’s were worried for her future as any parents would do. Given the fact that inflation was on the rise while the world was barely out of the 2008 financial crisis then, the Sharma couple’s concerns were quite legitimate and valid. Mandeep and Sheetal’s prior concern was availability of adequate corpus for Myra’s higher education. They had a clear understanding that if the future financial goal for their daughter is not planned in advance, it would be difficult to manage. They had a fair knowledge about the...