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SIP - What is SIP? - Best SIP Investment Plans & Benefits | Sipping Thoughts SIPS are one of the best options for investing money. But understanding SIP Investing can be confusing. So Today on Sipping Thoughts we have Vivek Law (Founder, The MoneyMile) and Surya Bhatia (Certified Financial Planner) with us to discuss what is SIP? What are mutual funds? And how we can start investing in mutual funds through SIP? The MoneyMile Vivek Law | Sipping Thoughts
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SIP - What is SIP? - Best SIP Investment Plans & Benefits | Sipping Thoughts SIPS are one of the best options for investing money. But understanding SIP Investing can be confusing. So Today on Sipping Thoughts we have Vivek Law (Founder, The MoneyMile) and Surya Bhatia (Certified Financial Planner) with us to discuss what is SIP? What are mutual funds? And how we can start investing in mutual funds through SIP? The MoneyMile Vivek Law | Sipping Thoughts
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Don’t do SIP, Stop it immediately ! Start a Step-up SIP We all know that a systematic investment plan (SIP) of a mutual fund gives us the added advantage of rupee cost averaging. But there is a problem in the traditional SIP. It assumes a constant SIP each month for a long period of time. But that is not the way your income grows. For example, if you are in a job then you get annual increments and if you are in business your revenues and profits will grow over a period of time. It would be there
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Don’t do SIP, Stop it immediately ! Start a Step-up SIP We all know that a systematic investment plan (SIP) of a mutual fund gives us the added advantage of rupee cost averaging. But there is a problem in the traditional SIP. It assumes a constant SIP each month for a long period of time. But that is not the way your income grows. For example, if you are in a job then you get annual increments and if you are in business your revenues and profits will grow over a period of time. It would be there
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