WHY BOTHER, SIP IT!
Most advisors suggest Systematic Investment Plans are a
must-have in every investment portfolio. It saves you the hassle of timing your
investments:
1 FIXED TIMINGS: Through an SIP, you pay a fixed
amount on a particular date every month. This means your timing of investment
is fixed.
2 IF MARKET IS
DOWN: You do not have to worry about timing your investments. If the market
is down when you invest, you end up with more MF units for the same amount.
3 FIX UNITS: With
an SIP, you can also fix the number of units purchased every month. So, the final
monthly investment differs.
4 COST-AVERAGING: When you invest through varying
market cycles, your monthly investments differ. Over time, though, your average
cost may turn lower.
5 NEVER MISS A CHANCE: In a fluctuating market, you
never know the right time. You may invest in lump sum only to realise the
market fell further, and you missed that opportunity.
6 DON’T WAIT FOR MARKET BOTTOMS: There will come a
time when the market stops falling and starts rising. Finding this bottom is
difficult. An SIP will help you benefit t from this.
Happy Investing
No comments:
Post a Comment