I just started earning and came to know that investing is very important to get financially strong.
Now I came across the index funds concept, I will be investing in those right now.
Everyone says we should do SIPs, once every month we invest an amount to get the benefit of averaging out the cost, but then if I want to invest 10,000 INR every month why don't we set up 4 SIP in a month one of 2,500 INR each week so get better averaging??
Apps have the option of auto-pay while choosing SIP plans, so it won't bother me just deduct the amount from my bank automatically, so why won't anyone talk about it, is there some reason investing once a month is better than it?
Submitted February 13, 2022 at 12:10AM by sachuverma https://ift.tt/cmeKBVd
