Investing in stocks doesn’t require a ton of money. Dubai: Saving money remains a top priority among many residents in the UAE, but unfortunately, only a few are able to set aside a huge portion of their income to secure a comfortable retirement or fulfil their financial goals in life. If, after all this best company to invest in sip, you have managed to put away only Dh2,000, here’s what you can do with it. The good thing is, you don’t need hundreds of thousands of dirhams to start  buying shares.

And like stocks and ETFs, mutual funds have also offered good returns to investors. How much did you pay last month for your fuel? With a daily BPA audited paid circulation of over 93,068 as of June 2017, and an online audience of 5. 3 million uniques every month, it is your go to source for information on the region. How to Plan a Home Purchase?

Why not to use credit card? How to Stop Overspending of money? We’ll list down few best SIP plans to consider investing in new year 2018. But before that lets get some concepts clear about the SIP itself. Increased awareness about the SIP will help a person to invest more wisely in mutual funds via SIP route. In order to make schemes attractive and affordable for small investors, mutual fund companies offers SIP Plans. What makes SIP plans best is the convenience with which one can buy units of mutual funds.

In the past decade, SIP plans have really become popular among people in India. Not only beginners, even experienced investors prefer to invest in equity through SIP route. SIP plans are super hit with small investors. They are affordable and convenient for the investors pocket. Gradual investment, coupled with the benefit of compounding makes SIP one of the best long term wealth building option. What we mean by gradual investment? SIP is being referred as gradual because, big amounts are not used to buy mutual fund units at a time.

Instead, smaller amounts are gradually invested month after month to accumulate units at a slow pace. Though the accumulation process is slow, but it is a very sure way to gather units, without fail, every passing month. What makes SIP Plans the BEST? Given a choice, every one will like to invest money and make profits. But due to the two big bottle necks people refrain themselves from investing. SIP in mutual funds, allow small investors to invest smaller amounts under supervision of expert fund managers.

This makes it extremely convenient for anyone to participate in the investment process. Moreover, the probability of losing money in SIP is also smaller. The invested money gets sprayed and is also well diversified. We will see how SIP helps in spreading and diversification of funds. At the moment, lets digest this idea first that, investing small-small amounts systematically each month, under expert supervision, makes SIP a great investment vehicle.

The only care one should take after buying units through SIP is, to stay invested for long term. Why not invest directly in stocks? Investing in equity through SIP is ideal for beginners. Direct investing in stocks has its own advantages and disadvantages. But for small investor, who lacks expertise, disadvantages are more dominant.