As the wise age-old saying goes, “a penny saved is a penny earned” and an SIP Investment is a viable investment facility that allows individuals the opportunity to save money, and as the name implies, to do so on a … Continue reading Riding The Wave Of The Systematic Investment Plan
When managing your personal finances, it is important to regularly budget a certain amount in order to build up a reserve for the future—this regular budgeting is the basic foundation of good future or retirement planning. But simply depositing money … Continue reading What Is A Systematic Investment Plan?
Novice investors have the impression that the more money they invest, the more they would earn. This would incite some to invest all their savings, and in some ways they could prove to be right. Such acts, however, could also become their undoing. With luck, a novice investor may end up with double their investment, or they could end up broke. To determine how much to invest, you must first determine how much you can afford to lose. It should also be in tune with your financial goals and risk tolerance. Your living expenses should also be put into consideration, … Continue reading Determine the Amount of Money You Can Invest