POSTED BY May 4, 2011 10:25 pm COMMENTS (7)ON
I was just wondering, what would be the best date in a month to invest in SIP by ECS autodebit?
Would it be the 1st, 5th, 10th, 15th, 20th or 25th?
I know it probably makes no sense to time the market, but are there any behavioural issues we could be missing out here? For example, maybe people encash out usually at the end of the month or the beginning of the month to meet their planned expenses, so would the 1st or the 25th be the ideal date?
Please provide your valuable views. Maybe a healthy debate perhaps, what say Manish? 🙂