Volatile Markets: How Consistent SIPs Build Wealth

• SIPs remain effective for long-term wealth creation, especially in volatile markets, by leveraging cost averaging and removing timing decisions.
• Experts advise against altering SIPs due to market volatility, interest rates, or inflation; changes are only justified by shifts in personal finances.
• Fund selection for SIPs should align with an investor's risk appetite and investment horizon, not short-term market trends.
• Maintaining discipline and focusing on long-term goals are crucial for SIP investors during market corrections, which can offer opportunities for accumulation.
• The core principle for SIPs is consistency across market cycles, allowing compounding to work effectively unless personal financial circumstances significantly change.

Why It Matters: This explains why SIPs are key for long-term wealth, even in volatile markets.