The Time to Invest is now!
Why the markets tanked?
----It is just profit taking led mainly by FIIs. Will they redeploy funds back in the US, now that the economy is recovering? Not a chance yet. It will take quite sometime before their confidence levels rise to that level. Once bitten, several times shy!
So what should an investor do?
----Our markets have seen many price rises, scams and terrorist hits- what happened other than some short time blips? The same is happening now- just blips. This is an opportune time to invest in solid businesses. The India story is here to stay. The India story is not dependent on any white man's views or imaginations. It is a natural long cyclic outcome. Remember that less than four hundered years back when Akbar ruled, these western country diplomats had to wait for long to get an appointment in Delhi!
---
Venugopal
----It is just profit taking led mainly by FIIs. Will they redeploy funds back in the US, now that the economy is recovering? Not a chance yet. It will take quite sometime before their confidence levels rise to that level. Once bitten, several times shy!
So what should an investor do?
----Our markets have seen many price rises, scams and terrorist hits- what happened other than some short time blips? The same is happening now- just blips. This is an opportune time to invest in solid businesses. The India story is here to stay. The India story is not dependent on any white man's views or imaginations. It is a natural long cyclic outcome. Remember that less than four hundered years back when Akbar ruled, these western country diplomats had to wait for long to get an appointment in Delhi!
---
Venugopal
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