Hi,
After the 500 and 1000 rupees being demolished, will the market P/E go down?
And is it advisable to put lump sum in equity at this time?
As STP will attract tax? What's your opinion on this?
1 Answers
Hi,
Kindly note that it is almost impossible to TIME the financial markets.
Yesterday, at one of time Sensex index was down by almost 1600 points but by End of day it closed down with around 400 points only.
And today, Sensex is up by 400 points (11:20 am).
If your horizon is medium to long-term, kindly just invest and keep a track of your investments :)
Investing at low prices is always advisable, but what is LOW or what is high, no on can say confidently.
Hence, if you are not comfortable investing lump sum, go ahead with SIP/STP.
Please login or Register to submit your answer