SIP. Pension fund. Which one?
A habit becomes second nature. And we all become our habits. That’s how it should be – at least, for good habits. SIPs are good habits. In fact, right up there on the list of good habits like brushing one’s teeth and following traffic rules. What about pension funds? How do they fit into your plan? Do they need to?
Pune
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SIP – Systematic Investment Plans, represent the systematic nature of the action. Small sums invested systematically over a long period of time yield better returns because they benefit from the power of compounding. Compounding leads to higher returns usually over a long period as it adds up. In the long run, SIP returns are more rewarding.