You here about starting an SIP or Systematic Investment Plan in equity mutual funds almost everyday to for long term wealth creation.
But in my opinion, there are three important things you must do before starting any equity SIP. These 3 steps when implemented ensure that your SIP money stays safe and increase your chance of staying invested for the long term – even when markets fall a lot.
Which are those 3 things? Watch the video below to know:
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Thank you for watching.
Prathamesh
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About Prathamesh
I am an IIM Bangalore alumnus. I was wealth manager for some of the riches HNI-UHNI families in India. Then I decided to venture out on my own to bring that expertise for everyday Indians. I am working to make highest-grade investment advisory accessible to every Indian. IMO the lesser the welath someone has, the more they can benefit from professional guidance. I like to write and talk about everything finace - investing, insurance, debt management, behavioral finance and so on. When I am not writing, I am making educational videos. And when I am not doing that either, I am catching up with the lates comedy or thriller shows and movies.
Sensible thoughts. Indeed protection should be prioritized before investing.