Work out a financial plan according to your needs and goals If you want your dreams to come true, there is no running away from taking small, but steady, steps in the right direction. Different people have different needs, therefore, a financial plan that works for someone may or may not necessarily work for you. The right way to go about building your wealth is to create your own financial plan aligned with your future goals. This discipline needs to be adopted in any investment. When you invest in mutual funds, work out the right amount to be invested in a Systematic Investment Plan (SIP) that fits well with your financial plan than blindly follow someone. SIP is one tool that can help you build investment corpus for the long term by investing in mutual funds. Thanks to the volatility, more often than not, investors find it hard to time the market.In a turbulent market, if you wait for the opportune moment to invest, you might end up not investing at all. This...