What Happens When You Stop A SIP ?
– Non Contractual .
– No Penalties For Stopping .
– Already Invested Amount Will Continue.
WHAT IS YOUR REASON TO STOP SIP ?
Market Crash Induced Fear
– Market Crash Is A Blessing In Disguise
– You are buying Units At Lower Price
– You Will Accumulate More Units
Market Crash Induced Fear
What Is The Right Thing To Do ?
– Continue SIP without stopping
– If Possible Increase Amount
– If Possible Add Some Lump Sum
WHAT IS YOUR REASON TO STOP SIP ?
Reduced Cash Flow Due To Pandemic
– Loss of job
– Reduced Salary
– No Business Income
Reduced Cash Flow Due To Pandemic
What Is The Right Thing To Do ?
– Evaluate Your Emergency Funds.
– Attend To Expenses Of Day To Day Living
– Continue SIP Only If You Have Extra Cash
– You Can Stop SIP If You Are Short Of Cash
WHAT IS YOUR REASON TO STOP SIP ?
SIP PORTFOLIO NOT PERFORMING
– Evaluate Portfolio
– Consult Professional Advisors
– Restructure /Rebuild Portfolio
Links to my previous videos:till now
NRI TAXATION- Finance Act – 2020 – Who will be impacted ?
https://youtu.be/Bo-1LjGDOFo
HOW TO BE SUCCESSFUL IN THE STOCK MARKET
https://youtu.be/0TzRoXkO2g4
As a NRI Should I Keep My Savings As Dollars Or Rupees ?
https://youtu.be/RXjvOvYsDow
6 MISTAKES TO AVOID DURING MARKET CRASH
https://youtu.be/9Y2r08x2sJM
DEPENDING ONLY ON PENSION DURING RETIREMENT CAN BE A TRAP FOR YOU https://youtu.be/qLTkhCDe89g
WHY SHOULD YOU DEAL WITH MORE THAN ONE BANK ? https://youtu.be/GjDsxS2Kxuo
WHAT TO BUY? SHARES OR MUTUAL FUND?https://youtu.be/0nl9sPJBUQs
6 COMMON MISTAKES DURING RETIREMENT https://youtu.be/ivus9eJWKXMWhy Investors Fail ?
https://youtu.be/c8jxppcdXhs
Why You NEED an Emergency Fund! by Dr Chandrakanth Bhat NRI Money Clinic:https://youtu.be/fBm8bokZI0c
#SIP #INVESTMENTS #CORONA
6 steps to generate good returns on your investments – https://youtu.be/AAxQ4ywScos
Don’t Buy a Life Insurance Policy Until You Watch This! https://youtu.be/q0adm_CKvew
NRI Money Clinic is a YouTube channel created by Dr. Chandrakantha Bhat , an investment consultant and financial planner in Dubai . It aims to spread financial literacy and educate on money matters for resident and non resident Indians . The channel discusses subjects like Fixed Deposits , Taxation , Mutual Funds , Insurance , Specific Issues pertaining to NRI community and every other investment opportunity. Dr. Chandrakantha Bhat can be reached on Whatsapp on +971 50 148 4595
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