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5
reasons
why
everybody
should
start
an
SIP
1.
Disciplined
Saving:
By
saving
₹10,000
every
month,
you're
smoothly
setting
aside
₹1.2
lakhs
a
year.
2.
Power
of
Compounding:
With
a
₹10,000
monthly
SIP
at
a
12%
annual
return,
in
20
years,
compounding
swells
your
savings
to
nearly
₹99.91
lakhs.
That's
the
power
of
regular,
long-term
investing.
3.
Makes
Market
Timing
Irrelevant:
Consistently
invest
₹10,000
monthly
and
let
cost
averaging
work
for
you,
smoothing
out
the
highs
and
lows
of
the
market.
4.
Benefits
of
Automation:
The
most
underrated
aspect
of
having
an
SIP.
Most
people
don't
invest
if
it's
not
automated!
5.
Flexible
and
Convenient:
Start
with
₹10,000,
and
adjust
as
life
changes.
SIPs
give
you
the
freedom
to
adapt
your
investments
as
needed.
You
can
add
more,
reduce
it,
pause
it
and
cancel
it
based
on
your
financial
circumstances.
Save
this
post
for
later
and
share
it
with
those
who
need
it.
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#moneymatters
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#hipifinance
#financewithHipi
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