SIP Investment advice please...
This query is : Resolved
13 November 2007
Scheme 2 proportion is wrong. It should be 25 and 75. I wat you to go for Low Return as markets are volatile. Downside risk is high till Sensex touches 16500. Please wait for Scheme 2 till Sensex bottoms out at 16500. Scheme 1 this is the right time to enter.
Good Luck.
Good Luck.
19 November 2007
MF schemes are all moderate and volatility of market refrains us from buying till the markets bottom out. At present our Government is holding the dollar and the worth of a dollar is much lower. Let the artificial boom reside and real intrinsic worth come out. If you are investing then fundamentally GOLD is the best. ETFs of Gold are better.
19 November 2007
I add to this. Keep in touch with metals. All metals will reach new highs in 2008 as there is melting of dollar. One economist stated that Dollar is worth a toilet paper. Flush it.
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