Common Mistakes Beginners Make in SIP

 Many beginners make mistakes that reduce SIP returns. Avoid these common pitfalls:

  1. Stopping SIP During Market Dips
    Market fluctuations are normal. Stopping SIP means missing out on long-term gains.

  2. Investing Without a Goal
    Always have a financial goal – retirement, education, or wealth creation.

  3. Choosing Funds Without Research
    Pick funds based on long-term performance, not short-term returns.

  4. Not Increasing SIP Over Time
    As your income grows, increase your monthly SIP to maximize wealth creation.

  5. Expecting Quick Returns
    SIP is a long-term investment strategy. Patience is key.

Remember: Consistency beats timing the market.

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