Should disciplined long-term goal based investors use mutual fund systematic investment plans (SIPs) or rupee cost averaging?
This question has been bugging me for long and personally, I hate a SIP I think it is a product tailor made for mutual fund distributors and sold to lazy people.
Should intelligent investors buy SIPs? Here is why my vote is a vehement NO.
I PE-based investing
Investing has to be goal-based. If you have no expense in mind, why would you need the money anyway! Even for the idiots who think they have no goal in mind, retirement is a goal!
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