Systematic Investment Plans (SIPs) offered by mutual funds are a popular choice for individuals with limited capital. SIPs allow you to invest small amounts of money at regular intervals.
If your employer offers a Provident Fund (PF) or Employee Provident Fund (EPF), take advantage of it. These are essentially forced savings that can grow over time, bolstering your financial stability.
Even small investments can benefit from the magic of compounding. Compounding allows your initial investment to earn interest, and then, the interest earns more interest.
As your financial situation improves, consider increasing your investment amounts gradually. This incremental approach allows you to adapt to market dynamics while maintaining a disciplined investment routine.