The highlight of the month, and in fact of the year till date, has been stunning victory of Congress-led UPA in the recently concluded elections. The victory has ended days of politics of coalition management. The win is hinting at a new era of reforms that could well unshackle the increasingly robust potential of Indian economy. The market has responded favourably as there is a distinct chance that India could benefit from its development-friendly government policies.

Did you benefit from the record rise on ‘Golden Monday’ post election results?
Popular belief is that most of the investors could not benefit from this rally as more often than not, investments are guided by feeling of greed and fear. Remember, an investor’s worst enemy is not stock market, but his own emotions. Only those investors who remained invested throughout the turbulent period or invested when market sentiment was at its ebb or continued with their Systematic Investment Plan (SIP) have eventually benefited. We reiterate, “It is not timing the market, it’s time in the market that is important”.

Why SIP is recommended?
Every individual has some financial goals to be achieved over a period of time, say 10 to 20 years. For e.g. plan for retirement, children’s education/ marriage, buying a house, etc. Do your financial goals change with fluctuations in market? If not, then how do you achieve them taking advantage of ups and downs in the market? SIP helps you avoid ‘Decision Paralyses’ associated with equity investing and reach your financial goals*. For more details on SIP, please click here.

Wealth isn’t something to admire. It is something you create. Think of each SIP payment as laying a brick. One by one, you can lay the foundation for secured financial future. Please contact your financial advisor if aforesaid is of interest to you.