Stay Invested in The Market As Time Heals All Setback
Outlook Money|March 2024
The road to financial success in the stock market is to stay invested through ups and downs because the one who emerges unruffled by the setbacks is the winner in the end.
Stay Invested in The Market As Time Heals All Setback

Waheed Gokak (58) is a professor and father of two children. He was a little worried when he turned 50 as he had not planned for his retirement. Given the fact that he did not have much of a corpus to bank upon once he stops working in a decade's time, he felt the urgent need to start his investments to secure his retirement.

Waheed was well aware about the menace of inflation and increasing life span. He knew that his savings would not be adequate enough and inflation-beating investments were a must for a secure future. As there were limited time available, suitable investment decisions were important. Thus, he was in search of a good financial planner who could facilitate his successful investment planning for retirement.

Meeting with Datta Kanbargi

Nearly 8 years ago, in the later part of 2015, Waheed met mutual fund distributor Datta Kanbargi. "I gave a patient hearing to Waheed to understand his situation, his thought processes and why he wanted to start investment," says Datta. In the first meeting, Datta figured out Waheed had a clear intent about why he wanted to invest.

After a few more meetings, the duo were ready to start their long-term association. Datta was happy to board him on the wealth creation journey and had explained the importance of patience, systematic investments and long-term compounding impact. Thus in December, 2015, the investment strategy was well-placed and Waheed's investment journey began.

Investment Strategy

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