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Should you raise your mutual fund SIP in light of the recent market downturn?

Deciding whether to boost your SIP amount during a market decline is a frequent challenge encountered by investors. Various factors must be weighed, and the optimal decision hinges on your circumstances and risk tolerance. ....

Suresh Sadagopan , Gaurav Rastogi , Salonee Sanghvi , Money Mantra , Wealth Guide , Mutual Fund Sips , Systematic Investment Plans , Market Downturns , Personal Finance , Mutual Fund , Stock Market , Mutual Fund Investments ,

Trading Stocks Won't Make You Rich, Financial Advisors Have a Strategy


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Studies show that timing the market rarely works in the long-term.
Financial advisors say you don t need a lot of big wins along the way to build wealth over time.
Instead of timing the market, consider investing the same amount of money each month. 
When the Dow Jones Industrial Average dropped below 20,000 at the height of pandemic panic in March of 2020, many investors and others assumed the worst. People I know tinkered with their retirement assets, moving most of them to cash. Others paused their normal investing contributions in favor of sitting tight. Maybe more pain was yet to come, and waiting it out could protect against even more losses later in the year. ....

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