Is it advisable to invest in Indian mutual funds when secondary market is shwing a bearish trend day after da
As in anything else in life, if you want to reap the benefits, you need to do the homework first. The MF homework that you need to do is -which are the top rated funds, the funds with a long track record of safety and decent returns. Read up oon the best funds in the Indian market at Top Rated Funds
http://www.valueresearchonline.com/toprated.asp
Think of it like this. Are you sad or are you happy when the prices of a Flat TV brand you want to buy, goes down? You are happy right that a good product is being offered at bargain prices.
The great Warren buffet says this about how we should approach the market. We should be fearful when the whole market turns greedy, and we should be greedy when the whole market turns fearful. The caveat is, you should have done ypour homework to know which are the best MFs to buy or which are the best stocks to get into, when the market offers you a bargain!
Another caveat. Dont try to squeeze out all the juice in one go. Markets probably are headed down in the next 3 months. Dont put all your funds in one go. Use no more than 20% of your available funds at one time. If the market keeps falling, everytime there is a 10% downside from your purchase price, buy another 20% worth. Keep averaging down as long as you have confidence in the product. Afterall, you are getting it cheaper and cheaper!
March 2nd, 2010 at 6:26 am
When the market is in the bearish mode, one has to buy shares or equity schemes of Mutuals Funds.
When markets are soring one has to sell the investments.
Thatz the way to profits.
References :
I am AMFI Registered Mutual Fund Advisor.
March 2nd, 2010 at 7:14 am
As in anything else in life, if you want to reap the benefits, you need to do the homework first. The MF homework that you need to do is -which are the top rated funds, the funds with a long track record of safety and decent returns. Read up oon the best funds in the Indian market at Top Rated Funds
http://www.valueresearchonline.com/toprated.asp
Think of it like this. Are you sad or are you happy when the prices of a Flat TV brand you want to buy, goes down? You are happy right that a good product is being offered at bargain prices.
The great Warren buffet says this about how we should approach the market. We should be fearful when the whole market turns greedy, and we should be greedy when the whole market turns fearful. The caveat is, you should have done ypour homework to know which are the best MFs to buy or which are the best stocks to get into, when the market offers you a bargain!
Another caveat. Dont try to squeeze out all the juice in one go. Markets probably are headed down in the next 3 months. Dont put all your funds in one go. Use no more than 20% of your available funds at one time. If the market keeps falling, everytime there is a 10% downside from your purchase price, buy another 20% worth. Keep averaging down as long as you have confidence in the product. Afterall, you are getting it cheaper and cheaper!
References :