Friday, July 13, 2018

Do you know someone who has invested in Systematic Investment Plan (SIP) for the last 15-20 years?

Here is the answer I posted a little while back at Quora:

Yes, of course. SIPs over long years help you get investing results over a complete investment cycle. That's why you are advised to stay invested for 5-7 years.

With an investing experience of many years and a relevant consulting experience of two decades, I feel I am qualified to add a few practical aspects so that the risks involved are clearly laid out.

First, there is no escape from the fact that if we incur higher costs of acquisition...Click here to read the entire answer.

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