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"The first rule of compounding is to never interrupt it unnecessarily."
- Charlie Munger
Dear Tribe Members, very often I come across investors who are dedicated towards their financial goals 10-15-20 years out. However, after 2-4-6 years of SIPs demotivate them with the quantum of returns. This leads to many of them discontinuing SIPs and investing their corpus in some other assets or even encourages some of them to take more risks to increase their returns. What we need to understand about compounding is that the fruits of compounding are actually back ended and one needs to show great patience to reap a full bounty and achieve their financial goals or even better than that.
Today, I will tell you with example about the price of the mistakes one may commit by discontinuing their SIPs.
Hope to keep adding value to your investing journey.
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