All,
I came across this very interesting article in Valuesearchonline — http://www.valueresearchonline.com/story/h2_storyview.asp?str=19348
I paraphrase a small bit from there:
“It is not enough to be regular with investments; you should also track the performance of the funds you invest in and gauge its progress at least once a year before continuing your investments in them.”
Ok, so let’s assume I take that advice and I identify for example HDFC Top 200 to be my retirement fund — I invest 10,000 Pm for a year. Now the fund is good and I continue. Let’s say after 3 or 4 years, the fund starts deteriorating. So does that mean, I just park the amount there and start SIP in an alternate fund which gives better returns (or) take out the money and put in a better fund and start a new SIP (or) simply just ignore and continue with my investing since I’m investing for 20 years or so….
Experts advise on how you can work on this situation is much appreciated
Thanks,
Ram