Nifty Breakdown below 22100

[desiviru]

Use the opprtunity making today to sell on rise. The same historical pattern in markets being run all over again. New lows will keep on coming.

Avoid trading at all costs in derivatives or use only the money in equity that you can lose. 🙂 Cancel your SIP and manually add in MF when see a new low everytime. A staggerring approach always lessen your pain.

 

[cardio_guycardio_guy is verified member.]

Use the opprtunity making today to sell on rise. The same historical pattern in markets being run all over again. New lows will keep on coming.

Avoid trading at all costs in derivatives or use only the money in equity that you can lose. 🙂 Cancel your SIP and manually add in MF when see a new low everytime. A staggerring approach always lessen your pain.

Very sensible advise. Excellent. New lows will keep coming. Sell on rise or sit on sidelines. Do not buy on highs.

 

[cardio_guycardio_guy is verified member.]

Please dont take any advice from this thread. All the over pessimist and optimistic will not serve you any good.
Nobody knows. Dont expect to find the truth out there or here as the future truth of the market hasn't been decided yet (never is).

Sure, thanks for the heads up. I am in fact firm on my plan, it was rather a affirmation and not intended as advise seeking.

 

[Ash8]

In this situation, is it a good plan to keep SIPing during these times? (monthly investment amount: 2L)

2L per month into SIP? How much you earning? 😅

 

[hender]

2L per month into SIP? How much you earning? 😅

4 to 6

 

[hender]

2L per month into SIP? How much you earning? 😅

4 to 6

Only @cardio_guy can correctly answer this, if he is using 10% saving (model) only than it's 20 lakh PM👍

 

[R!ppEr]

Use the opprtunity making today to sell on rise. The same historical pattern in markets being run all over again. New lows will keep on coming.

Avoid trading at all costs in derivatives or use only the money in equity that you can lose. 🙂 Cancel your SIP and manually add in MF when see a new low everytime. A staggerring approach always lessen your pain.

im not sure if cancelling SIP is a good idea for salaried folks who might not be able t o time the markets due to other commitments

 

[Arnal07]

im not sure if cancelling SIP is a good idea for salaried folks who might not be able t o time the markets due to other commitments

for most of the people, cancelling SIP is never a good idea.

 

[desiviru]

im not sure if cancelling SIP is a good idea for salaried folks who might not be able t o time the markets due to other commitments

They can always choose to modify it for less amount like many people who can't give enough time to it.

Cancelling SIP is always a good Idea in bear market but currently there is no need to cancel starightaway because currently they can average out for good. This is just the start of stagnation. I know most would not digest it soon. World will look for fun in other assets from second half of this year. 🙂 I am just trying to find where the money will be/should be parked when not in equity.

Those who have 10 years view aren't safe either. Because overall their returns will be 1-2% more than FD or if things aren't good when they need money they will come out at lesser returns like happened in past. Continuity of SIP is always questionable with no job security or life circumstances.

 

[R!ppEr]

They can always choose to modify it for less amount like many people who can't give enough time to it.

Cancelling SIP is always a good Idea in bear market but currently there is no need to cancel starightaway because currently they can average out for good. This is just the start of stagnation. I know most would not digest it soon. World will look for fun in other assets from second half of this year. 🙂 I am just trying to find where the money will be/should be parked when not in equity.

Those who have 10 years view aren't safe either. Because overall their returns will be 1-2% more than FD or if things aren't good when they need money they will come out at lesser returns like happened in past. Continuity of SIP is always questionable with no job security or life circumstances.

stopping SIP in bear market is actually counter productive, since you lose a lot of lower cost averaging, had seen one chart which showed how folks who even after starting their SIPs at the top of dot com bubble got more returns if they kept it going rather than starting at the very bottom of it. But anyway to each their own, your money your risks and rewards

 

[hender]

your money your risks and rewards

"Quote of the day"

 

[sunit123]

Biggest problem in India is that personal finance (PF) is not taught in the schools....We do exactly reverse of all the PF rules..We should average out rising stocks/MF but we do apposite and do averaging of falling stocks/MF

Media is given a job to always show brighter picture and common investor is brain washed...you cannot expect unbiased opinion from biased media

 

[whysoserious]

Biggest problem in India is that personal finance (PF) is not taught in the schools....We do exactly reverse of all the PF rules..We should average out rising stocks/MF but we do apposite and do averaging of falling stocks/MF

Media is given a job to always show brighter picture and common investor is brain washed...you cannot expect unbiased opinion from biased media

Very true. Any help for free has an ulterior motive.

 

[Arnal07]

stopping SIP in bear market is actually counter productive, since you lose a lot of lower cost averaging, had seen one chart which showed how folks who even after starting their SIPs at the top of dot com bubble got more returns if they kept it going rather than starting at the very bottom of it. But anyway to each their own, your money your risks and rewards

I think people should continue their sip in any market and do extra investments in terms of 'one time' when nifty's PE comes below 19/20 level.

 

[cardio_guycardio_guy is verified member.]

Only @cardio_guy can correctly answer this, if he is using 10% saving (model) only than it's 20 lakh PM👍

@Ash8 Sorry but I think it's not proper to expose the earnings in a public forum. I can otherwise say that I have experienced both extremes of life.
I have written about my family expenses in one thread. It comes to around 1L per month.
Investments are not exactly 2L per month, but that's on the higher side. Some months it is lesser.

Since this is not a personal finance forum, people are more inclined towards discussing credit card offers, banking stuff in general and things like that.
So I think it's not taken in the right sense if we discuss money matters in detail here.

 

[hender]

@Ash8 Sorry but I think it's not proper to expose the earnings in a public forum. I can otherwise say that I have experienced both extremes of life.
I have written about my family expenses in one thread. It comes to around 1L per month.
Investments are not exactly 2L per month, but that's on the higher side. Some months it is lesser.

Since this is not a personal finance forum, people are more inclined towards discussing credit card offers, banking stuff in general and things like that.
So I think it's not taken in the right sense if we discuss money matters in detail here.

I appreciate your reference and in-depth understanding of life in both extreme side👍, wish you all the best.

For your query have posted something, might you have missed.

I usually listen 3 - 4 people (both on extreme edge of Market) - for their outlook in General, (views and opinions, strategies of respective AMC,) both at Macro and Micro Level.

S Naren - ICICI
Prashant Jain - HDFC Now 3P
Nilesh Shah/Harsh Upadhyay- Kotak
Navneet Munot - SBI now HDFC
Or Head/CIO.

"Hope you will have some idea 💡 on your query"

Surely time will come, people don't have to ask, but they will read about your investment.👇

 

[Ash8]

@Ash8 Sorry but I think it's not proper to expose the earnings in a public forum.

No need to be sorry 😅
Nobody would disclose actual salary just like that.
It's great to be in a position of SIPing 2L per month and congrats on that.