I want to buy share. It is right time to buy share?
Vikash Kumar
(Manager Accounts (CA. Final))
(694 Points)
Replied 28 November 2011
Invest like SIP in fundamentally good companies.
Prof. Bajaj
(Author Mentor Motivational Speaker Wealth Planner)
(7375 Points)
Replied 28 November 2011
I agree with Vikash Kumar.
Staggered way is the way to invest in the share market. Though I would also recommend lumpsum buying at this point when market is below 16K levels.
But generally, if you do not have in-depth study of the market, better to choose the route of mutual funds wherein you can benefit from professional management, diversification and lower transaction costs.
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