We Indians tend to be conservative as far as investments are
concerned. Why is that? Perhaps because several generations of Indians
have faced hardship and deprivation due to exploitation by our ‘rulers’ –
both overseas and Indian. Lack of education and infrastructure have
contributed to the tendency to ‘hoard’ rather than ‘invest’.
For generations, two of the avenues for investing our little savings have been in land and gold ornaments. This is true even today in the hinterland – where infrastructure and banking services remain primitive or non-existent.
In larger towns and cities, infrastructure and services have improved to the extent that other avenues of investment – like post office and bank fixed deposits, mutual funds and equity are readily available. But our fascination for investing in real estate and gold has not dimmed.
In this month’s guest post, Nishit suggests that it may be time to reduce investment in gold. Debt and equity investments are likely to provide better returns in the foreseeable future.
Please read my guest post on Subhankar's blog:
http://investmentsfordummieslikeme.blogspot.in/2013/12/has-gold-lost-its-lustre-guest-post.html
For generations, two of the avenues for investing our little savings have been in land and gold ornaments. This is true even today in the hinterland – where infrastructure and banking services remain primitive or non-existent.
In larger towns and cities, infrastructure and services have improved to the extent that other avenues of investment – like post office and bank fixed deposits, mutual funds and equity are readily available. But our fascination for investing in real estate and gold has not dimmed.
In this month’s guest post, Nishit suggests that it may be time to reduce investment in gold. Debt and equity investments are likely to provide better returns in the foreseeable future.
Please read my guest post on Subhankar's blog:
http://investmentsfordummieslikeme.blogspot.in/2013/12/has-gold-lost-its-lustre-guest-post.html
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