Why Stopping Your SIP Early Could Hurt Long-Term Wealth Creation | Goal-Based Investing Explained

Many investors stop their SIPs during market volatility, but this can hurt long-term wealth creation. Pooja Bhinde, Certified Financial Planner, PB Investments, recommends following a goal-based investment approach instead of reacting to short-term market movements. She suggests using passive funds for shorter investment horizons, while active mid-cap and small-cap funds are better suited for long-term goals. She also advises investors to avoid overlapping mutual funds and remain disciplined with SIPs to benefit from the power of compounding over time.