Originally Posted by Alchemist
In such a scenario, I don't see how the market can correct. As I said, only an unexpected black swan event can take this market down significantly. It will not go down on its own.
The nifty PE is ridiculously high at approx 24.
In the absence of a black swan event is it prudent to continue with the existing SIPs ?
1. Stop the SIPs till market cools or there is a black swan ?
2. Stop the SIPs as well as book some profit from existing portfolio.
3. Continue with SIPs but book some profit.
4. Continue SIP do nothing.