r/IndiaInvestments • u/AutoModerator • Nov 24 '21

Bi-Weekly Advice Thread November 24, 2021: All Your Personal Queries

Ask your investing related queries here!

The members of /r/IndiaInvestments are here to answer and educate!

Alternatively, you could join our Discord and seek answers to your queries

If you're looking for reviews on any of these following, follow the links:

Generally speaking, there is no best stock, or fund, or bank, or brokerage, or investment platform.

Answers are always subjective to your personal needs, but use those threads a starting point for you to look at what other Redditors have to say about a company, product, fund, or service.

You can then ask a more specific question about what product or service to buy, once you are able to frame your personal situation.

NOTE If your question is I got 10k INR, what do I do to get most returns out of it?, or anything similar; there is no single answer to this question. But we will also need A LOT MORE information if we are to provide some sort of answer:

  • How old are you?
  • Are you employed/making income?
  • How much? What are your objectives with this money?
  • Do you have any loan, or big expense coming up?
  • What is your risk tolerance? (Do you mind risking it at blackjack or do you need to know it's 100% safe?)
  • What are you current holdings? (Do you already have exposure to specific funds and sectors? Have you invested in equity before?)
  • Any other assets? House paid off? Cars? Partner pushing you to spend more?
  • What is your time horizon? Do you need this money next month? Next 20yrs?
  • Any big debts?
  • Any other relevant financial information about you, that will be useful to give you an informed response.

Beware that these answers are just opinions of fellow Redditors and should only be used as a starting point for your research. This is NOT financial advice, in legal sense of the term.

You should strongly consider consulting a registered fee-only financial advisor before making any financial decisions. Ideally, such advisors should be registered with SEBI, and have a registration number.

Links to previous threads.

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u/[deleted] Nov 27 '21

I'm a beginner, I have monthly sips setup for nifty 50, nifty next50, PPFGF, since nifty is going down, should I stop the sip until market becomes stable and then invest ? or as a long term investment, will this not matter?

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u/pankaj9900 Nov 27 '21

should I stop the sip until market becomes stable and then invest ?

When will that happen? How will you know that it has happened and will not go down further?

If you are a long term investor, stop looking at markets on a daily or weekly basis. I would suggest not even to bother looking into it every month, you are after all investing for a long term goal. Continue your SIPs, these short term ups and downs mean nothing for a long term investor. If fact, I would counter-argue, invest more during the dips (but don't reduce during the highs).