1. "Timing" doesn't help fulfillment of long-term objectives.
2. As markets are never constant, adjectives like "lower" and "higher" are only comparative words at any point of time, when investing for long-term goals in the right way.
4. For young investors, a balanced allocation of hard-earned money, salary for most, works best, among specific priorities like dependent old parents, family care, health and life insurance, child education, contingencies, social needs, and of course lifestyle expenses.
5. For achieving them, one could have SIPs in funds for different strategic tenures, while investing net surplus money only, without any short-term withdrawals.
6. SIP is a tool to manage anxiety through patience, by investing for a defined time frame, and removes urge of market timing, required for investing in equity mutual funds.
7. Long-term SIPs in just 3 top-rated funds by a young earner will suffice for wealth creation to meet identified goals:-
a) An ELSS fund for tax-saving under Sec 80C to the extent required (no need for PPF if "mandatory" EPF is in place),
b) A Multicap fund for riding all market cycles, and
c) A Midcap fund for tapping potential of emerging economy.
2. As markets are never constant, adjectives like "lower" and "higher" are only comparative words at any point of time, when investing for long-term goals in the right way.
4. For young investors, a balanced allocation of hard-earned money, salary for most, works best, among specific priorities like dependent old parents, family care, health and life insurance, child education, contingencies, social needs, and of course lifestyle expenses.
5. For achieving them, one could have SIPs in funds for different strategic tenures, while investing net surplus money only, without any short-term withdrawals.
6. SIP is a tool to manage anxiety through patience, by investing for a defined time frame, and removes urge of market timing, required for investing in equity mutual funds.
7. Long-term SIPs in just 3 top-rated funds by a young earner will suffice for wealth creation to meet identified goals:-
a) An ELSS fund for tax-saving under Sec 80C to the extent required (no need for PPF if "mandatory" EPF is in place),
b) A Multicap fund for riding all market cycles, and
c) A Midcap fund for tapping potential of emerging economy.