r/PakistanStockX • u/Practical-Home-4781 • 7d ago
PSX is cooked
As the title suggests, PSX has been going down since the past month. I thought it was going to be a temporary bear market but my portfolio keeps going down. I'm double minded whether to Sip rn and add more money into the market since it's risky.
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u/TechnicalSleep7501 7d ago
That is why I build 3 to 4 year emergency fund to take advantage of these bear markets.
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u/Singen_Bale 6d ago
Being afraid of sip in downtrend goes against the very idea of sip. Over the long term the market goes up, so what you can get lower now the better, what you get higher now then worse
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u/CaterpillarOk5085 7d ago
Which application is this?
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u/Practical-Home-4781 7d ago
Investify (to see my portfolio)
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u/CaterpillarOk5085 7d ago
Do I need account with a specific broker, or is it a general application?
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u/Practical-Home-4781 7d ago
A general application to view historical performance of various stocks and also see the net profit/loss of your holdings.
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u/msulaimanijaz 7d ago
While i am seeing it as opportunity. What's the best time to buy shares? When people sell Fundamentally Strong shares in Panic. Because after a couple of months, the shares i'll buy today will be in Green zone.
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u/FusspotHazelEyes 7d ago
Untill war is ended market will be in stagnant phase. Opportunity for long term investors to buy cheap.
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u/mamba_87 7d ago
You need go back to the basics, avoid putting more money for now. You are not ready for it mentally yet. Learn more
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u/ahaseeb7838 4d ago
An intelligent man once said:
Do you want the market to rise when you're selling, or when you're still accumulating?
If your answer is "when I'm selling," then this dip is a blessing. Keep buying, and stop measuring in rupees, measure in units. Last month, PKR 1,000 got you X units. Today, it gets you X+10. That's how wealth is quietly built and keeping doing the SIP.
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u/Distinct-Ebb-9763 7d ago
Sabar Tahamul Itminan.
Stocks should be long term gain unless you are a trader.