Hey People,
The outlook for the market is not looking too good in the face of continuing credit concerns in the U.S., a weak dollar and rising oil prices. The current downturn in the stock market will provide a few attractive entry points in quite a few scripts.
However, for those of you who are apprehensive of entering into the market now, why don't u look at investing in real estate and gold? Well, u sure can buy n keep some gold for some women in your home, wat say?? They sure will be pleased!!
I've posted a link on my page which lists a few reasons that justify an investment in gold; take out some time to go through them, if you wish! It'll make for an interesting read; do check it out.
For those of you who are not so keen on buying gold and storing it, you may look to put your money in a Gold fund. These funds invest in physical gold and gold-mining companies, saving investors the hassles associated with the storage and quality of physical gold. There are a lot of gold funds in the market. Do proper research before taking any decision. One fund worth checking out is the DSP Merrill Lynch'sGold ETF Fund.
Going on to the real estate sector, property prices are on the move; given a limited amount of habitable land, property prices are going to continue their upward climb. Instead of directly investing in land, you may look to invest in infrastructure companies like DLF. You may also put your money in L&T and UltraTech. Currently, I'm running a bit short of time but I assure you that I'll be following up with a detailed analysis on these in the coming few days.
Well, the situation in Calcutta ain't too good; the political tensions here are not going to go away so soon.. We have a 24-hr bandh tomorrow; lets see how effective it turns out to be. Anyways, I'm going out of town on Thursday, should be back in the beginning of next week. Got a fair bit of travelling to do as well in the next few days.
Hope you all have a nice time,
Take care & NJoy!!!!!!!!!!!
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