Bluechip stocks offer stability of revenues and profits backed by a sound business model and run by a professional management. Given this, one can invest in good bluechip stocks pretty much any time for good growth and dividend income.
Three key questions on this point:
- When to buy: You can buy anytime through a systematic plan (SIP). You can also buy them when they correct due to various reasons.
- When to sell: Ideally you should sell only when you need cash for any major expenses. Else, stay invested.
- Which ones: This is a tough question; for those without the time, expertise and energy to research the best blue chip stocks, it is recommended to invest in good multicap funds or ‘blue chip’ mutual funds. For a listing, do click here.
