WHAT IS SIP? (PART-3 )

 WHAT IS SIP?

• SIP stands for Systematic Investment Plan

• If you regularly invest in an index like Nifty 50 or any others individual company at a particular date of every month without analysing the charts for a long period of time, then it is SIP.

• SIP is good for long term not for short term investing

• SIP tells us about the POWER OF COMPOUNDING

• Keep it in your mind that don't withdraw the amount before you reach to your investment target

• You can use SIP calculator to calculate net profit

ADVANTAGES OF US STOCKS

• Fractional Investing

• Rupees Cost Averaging—> You know that value of our rupee is continuously depreciating

US INDEX

• US Index is just similar to our Indian Index 

1. NASDAQ- Mostly IT companies are listed in it. It is the group of Top 100 companies

2. S&P 500—> Total 500 companies listed in it

3. DOW JONES

If you have not visited our previous post on Fundamental Analysis of stock market (Part-2) yet, then click on this link or copy it and paste it on chrome 

Link- https://commerceworldteam.blogspot.com/2024/03/stock-market-fundamental-analysis-part-2.html

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