A person was arguing with me that he do not want to start the SIP as the markets are at all-time high. He feels it there is too much risk involved. Later on I explained him the logic of SIP that he is not investing only once or when the markets are high, it’s a long term commitment not a month’s affair. Some of us are so taboo that they still think investing in market is gambling, buying a lottery ticket or a horse race.
Please understand the power of compounding; equities have outperformed every asset class in the long run if done with dedications and discipline.
You have to burn your fingers to learn the skill, the same way when children don’t understand and they touch the hot stove unless they realise it’s hot and skills needed to operate it. Continue reading “Investing Facts – Part II”