Achieve Financial Freedom by making your money work harder
Financial planners have been crying themselves hoarse about the wisdom of buying a pure term insurance plan and not investing in an insurance plan. The dual advantage of cheap risk cover and earning much more on your investments can’t be ignored at all.
there is a secret to make long term SIP successful and that is, you avoid timing the market. Put simply, it means that you are not looking for an opportune time to invest, rather you are deciding to stay invested across multiple market cycles.
Step 1. I – Identify your goalsStep 2. D – Determine time available to achieve your goalsStep 3. E – Estimate the funds needed to achieve your goalsStep 4. A – Assess your risk-taking capacityStep 5. S – Start Now
