Patience Is The Key To Successful Equity Investing

Kamlesh Thakkar, 42, is a chartered accountant working at a premier management institute in Jamshedpur. His wife, Prerna, is also a chartered accountant, and they have a six-year-old daughter, Nishtha. Kamlesh had a fair idea and understanding of the financial markets and the prevailing investment options due to his professional qualification. However, one thing lacking in the investing strategy was that his investments were primarily random; even though consistent, they were not structured through a financial plan. Alok Prasad from AP Wealth Managers had his task cut out when he met Kamlesh first in 2019. As a first step towards financial planning, Alok and Kamlesh had various discussions regarding his financial goals and methods. His financial goals primarily revolved around retirement planning and his daughter’s education and marriage, apart from short-term goals like regular...