@ilr well 40% are playing it safe. 15% will be screwed by inflation, 21% are assuming Indian rupee will perform badly & 25% are bhagwan bharose ๐๐๐๐
@TheSecularOne You think savings and fds will save you from inflation ?
@ilr if done wisely yes. My FDs are giving me an average of about 11% since most tenures are 10 years. A mannapuram investment is giving 13% . I have shares in a unlisted cooperative bank that is giving me 16% dividend. It's all about investing wisely. As for Equities a time will come when investors will be abusing all & sundry. As for gold it can never be an investment... 1/x
@TheSecularOne This is brilliant, but be careful. We're forecasting negative real interest rates globally, incl in India. That means FDs etc won't remain what they used to be and things like gold although 0 yeild would be safehouses.
@ilr I was told this long back in 2002 & to me it made a lot of sense then and guess what I bought a Jeevan Shree LIC policy that will mature in 2027! My only dud investment. But atleast it will yield better than Endowment Policies now that will yield what 2%? As of today I like NCDs from Gold loan companies. As for Equities I am still in wait mode. In equities it's all about patience in both entering & exiting.