As a hashtag#couple we have some mandatory financial goals as a family and some individual goals.
Some family goals we worked for were
1. Children’s UG education
2. Our Retirement Corpus
3. Our children’s marriage corpus

Some individual goals my husband worked for were
1. Car
2. House

Some individual goals I worked for were
1. Annual vacation with my girls gang
2. My first electric car

Sharing here Some of the principles we followed for our investments:
1. Being a conservative investor, my husband predominantly invested his savings in debt funds through NPS 9a great instrument for retirement planning).
2. He diversified into SGB in 2020 (based on my advice) and we did it more to prepare for our daughter. It turned out to be a good hedge now and even during Covid and the Ukraine war!
3. I have invested in equities (few), equity mutual funds, ELSS and a FoF (recently).

As a family we’re balanced with respect to our asset allocation and risk profile.
And investing in liquid funds (emergency buffer), fixed income instruments and gold indeed helped us during market draw downs.

But the most important aspect what has given us peace of mind is our attitude towards risk and bear markets (not driven by panic) and our modest lifestyle.

Follow Moneymati for more updates on risk management, what to do with SIPs, and being aware of investor biases.