Sunday, October 23, 2016

What is the Best Frequency of SIP Investment Subscription?


The frequency with which one can make contributions to the ‘Systematic Investment Plan (SIP)’ depends on the frequency with which you receive your paycheque!

In India monthly frequency of SIP investment subscription is ideal


In India salaries are paid once a month. I hear that in the US wages are paid every week.

In whatever intervals you receive your regular income – weekly or fortnightly or monthly – you must first invest, maybe in the form of SIP and only thereafter start spending. ‘Invest First – Spend Next’ is the mantra for financial freedom and wealth creation.

In conclusion, in India, where salaries and wages are paid every month, monthly frequency is the best.

No comments:

Post a Comment