What should be the investment strategy taken based on present global situation? I started investing 8months?
I invested through an insurance co. Z***h in slelected global funds since 8 months SIP and lost 10% now. We thought the global turmoil is over and the economy will continue growing. Am confused which technical analysis is correct, don't know what strategy should be taken. Advisors suggestions found not working after all and investors loosing the hard earned money.
Asked By: john - 11/20/2011
Best Answer - Chosen by Asker
If you watch the interviews of Warren Buffet on youtube, you'll eventually find a segment where he says that the macro details don't matter. He points out that when Coca Cola first went public, it went for $40 per share, it soon lost half it's value and if you look at what happened with the world wars, the great... More
Answered By: John W - 11/20/2011
Additional Answers (1)
cash is king for the foreseeable future, financial experts know nothing , we have never been in this situation before - trust no one, you can't trust company statements
Answered By: Harley Drive - 11/20/2011
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