It was not long ago that we were all in a euphoria thinking that the sensex is never going to slip. Many new investors rushed to invest their money in big IPOs and new demat accounts opened. Experts opined that this was the best time to invest in Indian economy.
FIIs started moving out and the golden IPOs have to come to earth. Now there is a downward journey of sensex.
What a Change in span of 15 days. Experts predict more downside !!!
The best way to reap the benefits (from Equity) would be to do long term investing (>5 years). Passive investing through SIPs would help us overcome all these blues.