The present volatile market and the slowdown in west confuse people in India.
Where to invest and how risky the market would be and how long? Such are the talk of the day.
In case of emergency if you cannot draw money from any investment it is advisable not to invest. Present trend is not at all advisable for investing in any venture. Better to sit on money. At least 4 to5 times of your monthly income should be readily available in cash for any sort of emergency requirement. Even if some one has more than this, it is better to look into yellow metal i.e. GOLD for a suitable opportunity to buy and stock. This would be definitely a product which will give you return anytime or at least your invested money can easily be recovered.
The slowdown of the west will surely have impact on Indian economy if not today in coming days for sure. It is difficult to predict the market for another 2 years.
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Monday, October 6, 2008
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