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Sunday 6 September 2015

WHY BOTHER, SIP IT!


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:
FIXED TIMINGS: Through an SIP, you pay a fixed amount on a particular date every month. This means your timing of investment is fixed.
 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.
 FIX UNITS: With an SIP, you can also fix the number of units purchased every month. So, the final monthly investment differs.
COST-AVERAGING: When you invest through varying market cycles, your monthly investments differ. Over time, though, your average cost may turn lower.
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.
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

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