Post the IPL matches, if there was one lesson the teams learned, it was to start scoring right from the beginning. The Deccan Chargers kept their scoreboards ticking and did not wait for miracles to occur. This is precisely what one should be doing with investments too. Disciplined investing habits, however hard to stick to, are one helluva hasslefree method to create wealth in the long term.
It is high time one stopped speculating on investments and worked towards employing ones where money in the right avenues produce the right results. To achieve the best risk-adjusted returns, it becomes absolutely necessary not to put all your eggs (money) in the same basket. Having a judicious mix of debt and equity is equally important while you embark on the journey to riches.
We leave you with a passing thought -- most of the systematic investment magic is seen only at the end, so it's time you gave the systematic route of investments a thought.
SIPs are especially useful when we are in a market situation like today. Most of us are bullish about the medium-long term growth story; however, the market has run up quite sharply. We are a little unsure whether to invest money now, lest we end up investing at a market peak. With a year of economic downturn behind us, a systematic invest is likely to yield good returns over the next 2-4 years -- so go ahead and start your long term SIP.
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