Received a bonus amidst market volatility? Discover the smartest way to make your hard-earned money work harder for you.
Got a ₹5 lakh bonus during a market dip? The urge to lumpsum invest is strong. But timing the 'absolute bottom' is incredibly hard, even for pros. Don't get stressed!
Lumpsum can be high risk, high reward. SIP (Systematic Investment Plan) uses 'rupee cost averaging', buying more units when markets dip, averaging your cost & reducing emotional stress.
Before you invest your bonus, ensure you have a 6-12 month emergency fund. Clear high-interest debt & define your financial goals. A strong foundation is key!
Allocate 20-30% of your bonus as a strategic partial lumpsum if markets are down. For the rest, use an STP from a liquid fund into equities to leverage rupee cost averaging and manage risk.
Don't try to time the 'absolute bottom' or ignore your financial foundation. Avoid putting your whole bonus into a single high-risk fund. Steer clear of greed or fear!
Your bonus is a powerful tool. Make it count with smart planning! Ready to see how your bonus can grow? Use our SIP Calculator to plan your investments better. Visit sipplancalculator.in!