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Building long-term wealth? Combine SIP investment with a lumpsum for better planning


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Published in Stocks and Investing on by ThePrint   Print publication without navigation

NewsVoir Pune (Maharashtra) [India], May 30: If you are aiming to build wealth in the long term, a consistent and well-planned SIP investment can go a long way. To further enhance your investment plan, you can also do lumpsum investments every time you receive a windfall. Each approach has its benefits, but it is when [ ]

The article from ThePrint discusses the strategy of combining Systematic Investment Plans (SIPs) with lump sum investments to build long-term wealth effectively. It highlights that while SIPs allow investors to invest a fixed amount regularly, thereby averaging out the cost of investment over time, adding a lump sum can enhance returns, especially when the market is favorable. The article suggests that this combined approach can lead to better financial planning and wealth accumulation, as it leverages the benefits of both investment methods. It also emphasizes the importance of understanding one's financial goals and risk tolerance before adopting such a strategy.

Read the Full ThePrint Article at:
[ https://theprint.in/ani-press-releases/building-long-term-wealth-combine-sip-investment-with-a-lumpsum-for-better-planning/2641999/ ]

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