Question –
I am a new investor. I don’t have a lot of cash in my hand right now for investment. Does it make sense if I don’t invest a large sum but 30,000 to 40,000 per stock in a month? I can invest in 1-2 stocks in a months per month as per the market situation. I would look at the technicals and fundametals while making the investment.
I wanted to ask this because I am skeptical about SIP investments because you keep on investing your money every month in funds even at their all time high NAVs. This could result in lower overall returns. SIP is simpler but will give you a limited returns.
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