The easiest way to get closer to your financial goals

in #finance8 years ago

Starting early, starting small and then investing regularly takes you closer to your life-goals. SIP (Systematic Investment Plan) makes it possible.

SIP can tackle Market Fluctuations
You get to invest in the stock market but don't lose sleep on market fluctuations. With SIP, your investment works hard and you benefit from what is known as rupee-cost-averaging (i.e. your average cost of buying comes down over time).

SIP can deliver the Power of Compounding
Let's put it simply, the power of compounding is magical. For e.g. if you invest $5,000 for about 20 years, you can accumulate nearly $6500000 (assuming an average return of 15%).

SIP makes the Discipline of investing possible
With SIP, to iterate, there is no need to time the market- and in effect you emerge a net winner out of market fluctuations.

Start small. Built a large corpus over time
It's easy to start; easy to maintain and step by step you get closer to the investment corpus you aim to build.

Investing in SIP enables an investor to take part in the stock markets without actively timing them and he/she can benefit by buying more units when the price falls and less units when the price rises. This scheme helps reduce the average cost per unit of investment through a method called Cost Averaging.

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Dream a big and believe in them. The results will be big. Building wealth is no different. Invest a fixed amount at regular intervals for big returns. Do not let the volatile markets affect your investment strategies. Work it to your advantage through SIPs.

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