I am not any stock market guru but will share the following view to someone who is willing to start investing in stock market.
Investment for salaried individuals in India is more important than self-employed or business person because they have a natural tendency of investing in one own’s business.
Answering: What are the ideal number of SIP an investor should have? Should one have a different SIP for each investment objective? How many funds should one SIP in?
When I read this question the initial reaction is always SIP but when I compared the returns, I realized that it is not always SIP that is better.
Every financial advisor has an objective of making a profit for himself or his company but just make sure they are not at the expense of your losses.
When you have more than one investment choice, you are more likely to be paralyzed by the paradox of choice of investing.
Market is quite high currently but can I start SIP now or should I wait for the dip in the market to getting started with SIP. And I am sure this is a question of many and so let me not only answer this question but also some of the frequently asked questions which I found are being asked very often in most of forums online.
SIP has been one of those few attractive route to equity investment for retail investors and this has made many stock brokers’ to come up with what is called Stock SIP. Let me share my views on it.