SIP (Systematic Investment Plan) the main benefit of sip is it averages your buying price and give you the benefit of buying at low by averaging. As Market is full of volatility we should not stop our sip when market is going down. If we stop the sip we will get no benefit but if we keep going we will ripe the benefit in the form of profit. Even if you don't have time or knowledge for market then you can enter in the market by SIP Route.
Happy Investing. #Rideonfinance
Good to know about systematic investment plan to opt for a volatile market. In this modern age, it is highly important that you pick some nice investment options that help you achieve your wealth goals in the long run. I am quite concerned about my finances and have just talked with certified financial planner india for a balanced portfolio.
ReplyDeleteSystematic Investment Plan is a methodical and organized manner of investing in equities. Before investing, one must weigh the pros and cons of such an investment against one’s investment objectives, and then take a decision of how much to invest at what intervals. Investing in SIP online can help investors complete the process quickly and efficiently.
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