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How Much to Invest in SIP? | Understand the Income and Goal-Based Investment Strategies #arthapragya
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Hey there, Investors!
In this reel, we discuss two ways to figure out your ideal SIP investment amount:
The Income Based Approach: A simple method where you invest a fixed percentage (like 20%) of your income every month.
The Goal Based Approach: This method is more personalized! You set a financial goal (like a dream vacation) and calculate the monthly SIP needed to achieve it by a target date.
**Want to learn more about SIPs and Goal Based Investing? **
Follow us for more finance tips and visit our website for a wealth of information!
#sip #investment #goalbasedinvesting #investing #finance #moneymanagement #arthapragya
In this reel, we discuss two ways to figure out your ideal SIP investment amount:
The Income Based Approach: A simple method where you invest a fixed percentage (like 20%) of your income every month.
The Goal Based Approach: This method is more personalized! You set a financial goal (like a dream vacation) and calculate the monthly SIP needed to achieve it by a target date.
**Want to learn more about SIPs and Goal Based Investing? **
Follow us for more finance tips and visit our website for a wealth of information!
#sip #investment #goalbasedinvesting #investing #finance #moneymanagement #arthapragya
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