New Delhi, Nov. 28 -- The Systematic Investment Plan (SIP) is emerging as a powerful tool for long-term wealth creation in India. Its power lies in simplicity - by regularly investing a fixed amount of money, regardless of market conditions, you can unlock value and create long-term wealth.
For the average investor, the simple habit of signing up for a SIP unlocks three core benefits. First, you get into the discipline of investing by learning to set aside a part of your earnings towards savings. Second, you gain from Rupee Cost Averaging, wherein you can buy more units when prices are low. Thirdly, and most importantly, a SIP brings gains from the power of compounding.
But how can an investor determine the right amount to invest so tha...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.