Hello Trade Gurus,
My investment funda in shares is buy good bluechip shares for long termand on dips.
However, I came across the concept of a "Stock SIP" recently.
Like mutual fund SIP, now some people say that we should invest in Stock SIP i.e. invest a certain amount in shares at a particular day each month without worrying about the market is up or down.
They say that like a mutual fund SIP, stock SIP will give an averaging which will result in stable returns. Any suggestions/comments on this?
Regards,
Kunal.
My investment funda in shares is buy good bluechip shares for long termand on dips.
However, I came across the concept of a "Stock SIP" recently.
Like mutual fund SIP, now some people say that we should invest in Stock SIP i.e. invest a certain amount in shares at a particular day each month without worrying about the market is up or down.
They say that like a mutual fund SIP, stock SIP will give an averaging which will result in stable returns. Any suggestions/comments on this?
Regards,
Kunal.