hi guys.. Did you know the market will fall today (20 june) by 500 points...
Please dont try to time markets .SIP is the best bet for the long run...stay invested in this market..at least for another 2 years..you will still make money..dont waste ur time in trying to time and buy online.. speak to professionals like us..investing is not a horse race...
I have already applied with SIP and later exit from the scheme. I agree with the author's suggestion on continuous investment, but differ from through Standing instruction of SIP. Watch on the market for a week and you invest through online on the fund. This way, you won't be paying the entry load in case if the price is too high, you may skip it and time the market in that month.
Yeah keep on investing. After all the market rises on the days of SIP registration eg 7th, 10th and so on and thus help the FIIs pull out and short term traders to book profits on your money. Later if a bull rally by financial institutes is again pulled off then maybe you can encash it on these units. The probability of a bull run in 20 years is certain so keep SIPs for Loooooong term
