Which is the best SIP or Lumpsum ?SIP - Mutual funds boon to Middle class

 SIP is systematic investment plan. It is one of the best method or tool to invest in Money market. This is mostly helpful to the those section of society who do not want to take risk yet want to invest in Money market. SIP is gaining attention through vigorous advertisement and companies initiative. There are so many things associated with SIP which make it popular and lucrative and attractive. Let me tell how..

Why SIP?

Disciplined Investment:

The good thing about SIP is you can invest monthly/quarterly periodically and systematically. When you do it systematically , there is always discipline associated with it. You will not loose the focus and makes your investment option ease. 

Less amount:

SIP can start from lesser amount right from 100/500 rupees. Not your burger costs this much. If this is invested in mutual funds, you will be allocated units as per the NAV of the unit price. As you continue to invest for longer duration, you will accumulating larger units that will result in big returns.

Compound interest:

SIP mostly involves compound interest on the returns. you will be getting interest on interest rate on the amount invested. So if you start early , by the time you retire it will result in huge corpus.

Two powerful Investment strategies: Rupee Cost Averaging - BEATS INFLATION Power of Compounding - Creates wealth in longer run

How to pay:

Investor needs to select the best mutual fund (of his choice parameters) and can pay in 2 or 3 ways 

1.By cash in CAMS center

2.Auto debit by submitting Bank mandate

SIP helps the investors to invest not worrying about the volatility of the market. No matter how the markets swings and times, SIP gives the advantage for longer run.

Conclusion:

SIP Investment  is best option compared to Lumpsum, if you want to start small.

Ask you advisor as per your investment strategy, he can help you.

Invest in small, it can build corpus.

Invest for  long term , have patience. 

I also recommend few books if you are interested to read ...here they are ...

Books to read:

Tread Mill - My Initial review and Experiences

My experiments with my newly bought Tread mill -Economical.

Seeing my laziness and sedentary life, my parents have bought us a treadmill hoping that we would get up from the chair and walk on it ,as part of exercise and shed some calories. Well, they ordered in a day, we got it in few days from amazon. When product came home, we were surprised with the packing and heaviness with which it was carried by salesman. This was like BAHUBALI pulling the Statue to be erected of Bhalla. Two people came and dispatched them. Neither we could open it nor we hade any equipment to cut the package and assemble. In few minutes it got message saying that trained men are going to come for assembling it. This is part of the picture.😆

They scheduled time and came in time. They are from FITKIT. When you you know that you are not going to be workout guy , you will not certainly take look in to the equipment, but because of the mammoth package in front us , it drew our attention. We were sitting and seeing how the people were dissembling it and and assembling the whole equipment. It had come to perfect picture after fitting everything in place. Man, that was awesome. Only thing left was to walk on it. The trainers gave us complete list of do's and don'ts , which we didn't listen at all.. Who will listen to those conditions which will be anyhow not remembered if you have two naughty kids jumping , swimming on that belt of tread mill. After they left only thing left was to stand from my chair and walk for at least 15 min so as start on that auspicious time.

Got up early in the morning and forgetting the terms and conditions , stood on the tread mill and made switch on. It started and made my step in it one by one ... good, the walk was smooth. Slowly completed 15 min and felt I achieved a lot in my life. The chair sitting on the corner was looking at me as if it was missing me for years . After 15 min shedding few calories realized that I really missed the treadmill not the chair...💪

what I liked in Fit kit tread mill

1.Smoothness

2.Economical

3.Good customer support

4.User friendly instructions

5.Good switches to operate in different modes ( Speed mode, time mode, calories mode , distance mode)

6.Nicely inclined to meet the elevation 

7. Voltage regulator for house hold operations can be used.

It doesn't have pulse rate indicator - This is not there as it is basic model , but ok if you are not worried and want to start off initially...

If you want to buy , if you are not heavy workout guy , want to start with a basic equipment go ahead and order this ...(click on the image to go the amazon page)

Children, Education, Financial planning and Real life..

Life is beautiful yet for it be more beautiful one needs to add more of money to it.

A youngster coming out of college and getting job will only think of happy life and Beuatiful life but not about how to make it. What he has studied in subjects was just a theory and had no practical implementation. Now he comes to face the true colors of life, which he cant avoid nor he can live devoid.

Rejection:

The youngsters or children are ,never in school journey, made to learn the HABIT of ASKING. Later in life , the do not dare to ask good salary , nor ask what injustice is happening to them, nor ask what they intend. Life is full compromise in the fear of losing .Education system or schools  should make changes to curriculum for them to train on how to ASK and how to handle if they face rejection. They should learn the concept of SELLING before they start earning. Rejection is MANTRA for to be more firm and think about next steps.

Financial planning:

Children from the beginning should be taught on concept of saving. Math should have question on how much you earn, how much you save, simple interest, Compound interest with real life examples. They should be trained to add, subtract with money in hand. Real world lives on money not on the figures written by pen.

Get on to this world of reading books..