Should we continue SIP even if when we have profit?

#1
I have invested in Nifty bees through SIP mode.I have 3 units and profit of 65.Rs. My question is that if we have a profit, then in that condition still should we continue buying?I mean even if the nifty increases, still should we continue buying OR we should buy only when the price goes below our buying price?Kindly advise
 

Mr.G

Well-Known Member
#2
I have invested in Nifty bees through SIP mode.I have 3 units and profit of 65.Rs. My question is that if we have a profit, then in that condition still should we continue buying?I mean even if the nifty increases, still should we continue buying OR we should buy only when the price goes below our buying price?Kindly advise
SIP is designed for people who have no knowledge about valuation. i.e. the layman investor. If you are that and have a very very very long term view. Then you should consistently invest. It is designed so that people dont catch tops of markets. The negative point is that you dont catch the bottom either.
 

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