Episode 103 - What to do with your struggling SIPs
One of the biggest concerns for every SIP investor is struggling funds. A lot of them might think of stopping investing in their SIP plans. But that might not be a good option. Every investor knows that SIP investment can go up and down. While investors can earn significant returns with the help of the funds, they can also lose their money. But should they redeem in case they are losing money? If you are in such a situation, then what to do with your struggling SIPs? In this episode of InvestorsHangout, our expert will explain why stopping SIP investing can be wrong. Also, a few suggestions will be shared for first-time investors as well as experienced investors. Equity markets have been in a wobbly state over the past year with no clear indication of where things will go in the near future. Barring a few, most stocks have gone down in value. It is not surprising then that the returns generated by SIPs are no different. In fact, one-to-two-year SIP returns of most equity funds are in the negative. Needless to say, investors are anxious. And if you've been religiously investing via SIPs, you too are probably now wondering whether it's time to redeem, pause, or continue these investments. It certainly isn't fun to watch your hard earned shed value.
My Financial Goal #1
Buy a House
July 31, 2022