Why Do SIPs work all the Time
If you know, its that simple and yet do not do it, It feels bad. A lot of this is so true for life and all the more in financial life where people think that one has to jump hoops after hoops, do some very complex thing like Options Trading, invest in Crypto, NFT or have "contacts" that can make you rich over night while each of us know that consistently saving is more than enough to make you wealthy beyond your imaginations! One such simple tool that helps you save consitently is your humble SIP. Yet people doubt its abiltity to create wealth and complicate things with "What will happen If" questions. We decided to write about How SIP creates wealth even if the asset price does not go "much" above the Price you did your 1st investment through your favourite asset- "Gold" A Chart showing the same - As you can see, the price of gold for 7 years did not move much. From INR3100 in 2012