SMC Global Securities Limited

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5️⃣Not Aligning SIPs with Financial Goals Mistake: Investing in SIPs without a clear goal. ✅Why it’s a problem: https://t.co/7iWexpgUkt

- Market downturns are temporary. - SIPs benefit from rupee cost averaging – you buy more units at lower prices. - Stopping SIPs means missing the recovery phase. Fix: Continue SIPs even in a bear market to accumulate wealth effectively!

SIPs work best when linked to specific financial goals Unstructured investing may lead to unrealistic expectations or early withdrawals Fix: Align SIPs with long-term goals like retirement, home purchase, or children’s education

Fund performance changes over time. You may need to rebalance based on market conditions. Fix: - Review SIPs at least once a year. - Compare with benchmarks and switch if necessary!

6️⃣Not Reviewing SIP Performance Regularly Mistake: Setting up SIPs and forgetting about them. ✅Why it’s a problem: https://t.co/DKOpIAoo98

4️⃣Stopping SIPs During Market Downturns Mistake: Stopping SIPs when the market crashes due to panic. ✅Why it’s a problem: https://t.co/JFoCY96rV0

3️⃣Focusing Only on Short-Term Performance Mistake: Choosing SIPs based on recent returns instead of long-term performance. ✅ Why it’s a problem: https://t.co/evAXtJmdfd

Short-term returns fluctuate due to market trends A good fund should perform well over 5-10 years. Fix: Look at the long-term track record before selecting a fund!