POSTED BY October 3, 2011 2:50 pm COMMENTS (6)ON
The basic of investing is buying low and selling high.In other words to time the market.But we small investors neither have the time nor the expertise required.So, I stick to monthly SIPs.The virtues of SIP are discipline and cost averaging.I don’t have to think about timing and neither have to organise my financial life regularly.
But what about doing lump sum investment in a down market and if I have the extra cash?Of course, I mean in addition to continuing SIPs.
Present market conditions are bleak and it is rumoured to remain so for about a year or two.All the indecies are down 1.5%-2.5% down the moment I am writing and it has been doing this for a while.So I think of investing 5K in Franklin India Bluechip Fund(G) and 5K in HDFC Top 200(G) in this week if market continues to fall and of course NAVs continue to fall.I have both the funds in my portfolio so I need not to do extra job of tracking.
Jago Investor has always been helpful to me and I hope to have the same favour in future.Please, advise me.
Thanks in advance.