http://One thing is certain, All your Systematic Investment Plans (SIP’s) will fail to achieve the very purpose of their investments under Following circumstances

Not having a term insurance plan

Not having health insurance plan, one hospitalisation entire SIP gets redeemed & it would be even more unfortunate when hospitalisation & market correction are encountered at the same time

3 months out of action on account of a partial disability due to accident, SIP’s gets redeemed to fulfill EMI’s

Technology!!! Started investment promising your adviser that you will stick to a long term, Start watching NAV value dialy, Disaster

Emergency/Contingency fund: Recession/switching jobs with no liquid funds to manage day to day expense destroys SIP’s

You can note the above points!! This is bound to happen

Having worked several years into Life Insurance, Health Insurance, Mutual Funds & Closely with people into financial planning i am now putting my first step in investment advisory

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