Systematic Investment Planning : Buy Steem With Proper Planning To Achieve Long Term Goal

The very basic of wealth creation means the process of deploying your money in such a manner that there is a real-value accretion over the long run. . In other words, you should deploy your savings in such a manner that the rate of return on your money beats the rate of overall inflation. For example, today if you spend $100 to buy Product x. Now if the rate of inflation in the economy is, say, 8% per annum. So we can assume that after one year from today, the cost of the same Product x will be $108. So to create real value of your saving, you should deploy your $100 today in such a way and in such products that after a year, after deducting your taxes if applicable, you should still have more than $108. If your savings after one year is just $108, you have not created any value, while if the value of your savings is less than $ 108, you have actually destroyed value in real terms.
A systematic investment plan (SIP) allows disciplined investments but it is recommended in small amounts at regular intervals (daily, monthly, quarterly, half yearly etc. as per you appetite) to yield high returns over a long period of time. Rather than investing a lump sum amount (which is not unaffordable by many) in an investment option, SIPs will help to build wealth gradually without hurting your overall financial commitments. Not to forget, it accompanies the power of averaging and compounding which further makes it a smart investment option. Biggest advantage of this arrangement is cost averaging of any currency. For months this process goes on. The market may be down in a month and may be up in the next month. It may become volatile. But SIP keeps on buying. Investors get an average price over medium to long term.
By the above strategy in steem also average out you steem purchase and take the advantage of volatility to create a bigger asset in the long run. And at the same time whatever earning you are making by posting and commenting you make further purchase of steem. This will create a huge value in near future and an investor will be able to benefit himself. You can plan your retirement also in this manner one your value goes up you can make regular income which will be more than you average salary you are making on your regular 9 to 5 job.