Tuesday, August 22, 2017

India could be the second largest economy in 20 years

According to PwC (PricewaterhouseCoopers), the auditing firm, India is basically going to be the second largest economy in the world in 20 to 30 years. I know lots of wealthy families who have hardly any exposure to India at all. But in my opinion, foreigners who have no money in India have made a mistake. Now, should they invest when the index is at 32,000? 

Well if they don't have any money in India, then I would at least invest a little bit at 32,000 but have a disciplined program that if the market declined, I would buy more and not sell if it goes down.