SIPs (Systematic Investment Plans) are the best companions for salaried employees. Without active involvement, many of them end up creating generational wealth. All they need to do is save 15 to 20% every month via SIPs and in 10 to 15 years, they would end up creating a corpus that could compensate 50% of their…
Systematic Investment Plans (SIPs) are automated bank withdrawals that get invested in a mutual fund. Another example of an automated monthly withdrawal is an EMI on your loan. Both EMIs and SIPs look similar, but one drains away your money, and the other teaches you to sacrifice. Let us explore more on that today! A…
Do you know why Systematic Investment Plans perfectly fit investors who do not wish to time the market? The answer is because of Rupee Cost Averaging (RCA). RCA is obviously borrowed (not stolen) from Dollar Cost Averaging (DCA) and the benefits of them as per Investopedia are: Dollar cost averaging can lower the average amount…
ഇൻവെസ്റ്റ്മെന്റ് തുടങ്ങാൻ ഏറ്റവും നല്ല പ്രായം 20 വയസ്സ് തന്നെയാണ് കാരണം 50 വയസ്സ് വരെയെങ്കിലും ജോലി ചെയ്താൽ നല്ലൊരു തുക സമ്പത്തായി ഉണ്ടാക്കാൻ പറ്റുന്നു. വെറും 1000 രൂപ പ്രതിമാസം ഇൻവെസ്റ്റ് ചെയ്യുകയാണെങ്കിൽ അമ്പത് വയസ്സാകുമ്പോൾ 44 ലക്ഷത്തിൽ കുറയാതെയുള്ളൊരു സംഖ്യ നിങ്ങൾക്ക് ഫണ്ട് ബാലൻസ് ആയി ഉണ്ടാക്കാൻ പറ്റുന്നു. ഇപ്പോൾ പ്രായം 40 ആയി പക്ഷേ മ്യൂച്ചൽ ഫണ്ടിൽ ഇൻവെസ്റ്റ്മെന്റ് ചെയ്തതും ഇല്ല. ഇനി തിരിച്ച് 20 വയസ്സിലേക്ക് മടങ്ങി പോകാനും പറ്റില്ല. നല്ലൊരു…
Last week I met 2 investors in their 40s who were living with the regret that they missed the SIP boat when they were in their 20s. They told me, that investing Rs5000 in their 20s was much easier, their expenses were lower and they had decent savings. Now in their 40s, it is hard…
We saw the power of SIPs and stepped up SIPs in the previous chapters. If you have not read them yet, please do so. Today, we are going to take it a step further, we are going to add lumpsum payments to the existing SIPs every year. Case1: Fixed lumpsum payments per year on standard…
Most of you would have heard about SIPs (Systematic Investment Plans). These are very popular among the salaried class of the workforce as the ease of investing in mutual funds is taken care of. SIPs are when you submit a mandate with a bank to debit an agreed amount and invest in mutual funds automatically….
