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Thursday, August 4, 2016

Which Are The Best SIP to Invest 3000 per month for two years?

It is wonderful to hear you say that you want to invest 3000 per month in SIP. The second part however is disturbing me. Why only two years? Why not 20 or 30 or 50?
The ‘Law of Miracle of Compounding’ can work in your favour and make you rich only when you have such a longtime investment horizon.
My guru, Warren Buffett created his extraordinary wealth over four decades!

Over such long periods of investment it does not matter which SIP is better. All will do more or less equally well. Make sure the organisation is sound will be around in business, without going bankrupt, over such a long period.

Note: This is a reproduction of the question I had answered on the website ‘Quora’.


What are some good books or sites on stock market for beginners?

Friend!
Thank you for asking the good questio.

Please read the life-changing book “The Intelligent Investor”, by Benjamin Graham, which is ‘The Bilble’ for investing in Stocks and Bonds on the ‘Stock Market’.
This book is not only the bible of Warren Buffett, the world’s second-third richest man, but also my favourite.
For a website to learn, please visit my blog “Wealth Vidya”.
I wish you happy journey of learning, investing and wealth creation!

Note: This is a reproduction of the question I had answered on the website ‘Quora’.