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Showing posts with label Frequency of SIP Investment Subscription. Show all posts
Showing posts with label Frequency of SIP Investment Subscription. Show all posts
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 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.
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