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.
