Indian SIP inflows just made an all time high, taking Nifty to 18,000+ few days ago. Thanks to the retail investors.
While FIIs were busy selling >1,00,000 crores of stocks around 15-16k Nifty range, disciplined retail investors kept buying the dips with patience.
To their dismay, FIIs are now forced to buy above 17,000. Meanwhile, retailers are thoroughly enjoying their recent gains.
Naysayers kept shouting, retailers will lose all the money, and this and that. Some naysayers still are crying on Social Media. I need not say who won this game of investing!
Few Tips & Lessons learnt:
1. Stay invested with patience.
2. Buy quality business in dips.
3. Don’t panic sell at cheap prices.
4. Wars and Invasion, no matter how bad they are, are bound to come to an end.
5. Whoever you are, just don’t bet against India!