Synopsis Patience is key in long-term investing, as a finance expert highlights that early years of SIPs can seem unrewarding. While a Rs 5,000 monthly investment might only reach Rs 4.1 lakh in five years, extending this to 15 years can grow it to Rs 25 lakh. This demonstrates how compounding eventually accelerates wealth creation, making market movements significantly impactful.
Patience Pays Off: Compounding Accelerates Wealth Creation in Long-Term Investing
Economic Times•
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Publisher: Economic Times
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