7 Quick Tips to Choose the Best SIP Plan
A systematic Investment Plan (SIP) helps you to invest regularly and gives you benefits like deciding investment amount and rupee cost averaging. However, even in SIP, you have a choice to invest. SIP allows you to invest systematically.
Now there are trading apps available that allow you to trade online in the stock market. Appreciate offers an app that allows you to start an SIP online and invest regularly weekly, monthly or quarterly.
SIP investment | Image Resource: appreciatewealth.com
Investing tips
If you are planning for a child’s education or retirement then it is best to invest in equity SIP. The SIP designed around the equity fund works the best. For SIPs to work best you should tie them up with financial goals you want to achieve. This gives you a purpose to invest and instill discipline in your SIP investment.
Depending on your financial goals and time horizon you...