SIP mantra: Should you invest Rs 20,000 for 15 years or Rs 15,000 for 20 years? Explained
Investing consistently over a longer period, even with smaller amounts, can yield significantly higher returns due to the power of compounding. An SIP of Rs 15,000 for 20 years can generate a larger corpus than an SIP of Rs 20,000 for 15 years, highlighting the importance of time in wealth creation.
Investing consistently over a longer period, even with smaller amounts, can yield significantly higher returns due to the power of compounding. An SIP of Rs 15,000 for 20 years can generate a larger corpus than an SIP of Rs 20,000 for 15 years, highlighting the importance of time in wealth creation. What's Your Reaction?
