Ask Dhirendra: ‘Why do I panic and stop my SIPs during every market fall — and how can I stop doing this?’
Ask Dhirendra: ‘Why do I panic and stop my SIPs during every market fall — and how can I stop doing this?’
The first thing to understand is what a SIP actually does. It does not guarantee returns. What it does is force you to buy more units when markets are down and fewer when markets are up. It only works if you let it do this job when it feels most uncomfortable.
The first thing to understand is what a SIP actually does. It does not guarantee returns. What it does is force you to buy more units when markets are down and fewer when markets are up. It only works if you let it do this job when it feels most uncomfortable.
The first thing to understand is what a SIP actually does. It does not guarantee returns. What it does is force you to buy more units when markets are down and fewer when markets are up. It only works if you let it do this job when it feels most uncomfortable. 
