Honestly, there is no proper coverage of the Indian economy. I couldn't invest my hard earned money in a company there without being able to study about it from multiple and reliable sources. And why would I? There are thousands of opportunities on the local market, on the European markets and on the US market. Why would I ever invest in a place that's known for its corruption and misery?
For foreign exposure, I'd go with a proven, well-managed global allocation type mutual fund, and perhaps a few additional bucks in a better-managed emerging markets fund.
I would also use mutual funds since it would be quite risky to invest directly in shares. It is sure profit since developing countries' economy is growing more and more every year whilst other countries are struggling.
Because I didn't have the money to act upon it of course. I was young. I also "hate" when people make assumptions about what other people are saying without knowing the full circumstances. It is quite possible to have the insight to be aware that something is coming, but not have the resources to act upon it at the time. But good job playing devil's advocate and not being afraid of picking a fight.
It's not about picking a fight. I just hate how people say "I knew this was going to happen!" after it happened... especially in these things where you, if you were so sure about it back then as you are now, could have made A LOT of money. Of course everyone always replies with the same "I didn't have the resources" which basically means that you weren't sure enough to invest what little you had and you certainly weren't sure enough to take out a loan and invest with that.
It's sad that investment houses here are becoming house of scams. The pre-need plans particularly the educational plan where you pay installment and receive the entire investment when your child gets to college have been reneging on their part. Most investors are left with promises and no money. With retirement plans, it's obviously the same path that's why it is not advisable to enter into such contract. Those with money are holding on to their bank account, afraid of investing in companies that would later on break their promise and ruin their dreams.
It would be interesting to see what effect the digital Rupee will have on the market there, as the Reserve Bank of India is expected to launch it sometime in the new fiscal year. It's bound to have some effect.
The benefits of investing in India include: Positive Demographics: The country has a youthful, educated, and growing workforce that should help support growth. ... Strong Economic Growth: The country has a strong growth rate, particularly in the information technology and business process outsourcing sectors.
I have heard about that before. India's economy is already booming, I have little doubt it will develop further in the coming years.
If you want to earn unlimited money then I will suggest you do Forex trading at FreshForex broker since if you simply want to invest in India then probably you have to use the stock market and we all know that we cant earn unlimited from the stock market.
