India?

Worth a punt or is the party well and truly over now. Likewise with other emerging markets such as Latin America?
I'm retiring at 55. You can but dream.

Comments

  • dunstonh
    dunstonh Posts: 116,040
    Name Dropper First Anniversary Combo Breaker First Post
    Forumite
    edited 30 April 2011 at 12:14PM
    As part of your specialist or emerging markets allocation then yes. Its not a punt, it is part of the balanced portfolio in the more volatile areas.

    If its your only investment then expect a rollercoaster
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
  • Linton
    Linton Posts: 17,065
    Name Dropper First Post First Anniversary Hung up my suit!
    Forumite
    It seems a reasonable assumption to me that India will be a major player in the world economy for the rest of your lifetime. So from that point of view the party has barely begun.

    However if you only have a time frame of say 5 years or less: who knows, anything could happen.

    As Dunstonh says, it should only form part of your investment. A relatively small part IMHO.
  • No the party isnt "over" its just begun!

    I have recently been investing in 6 funds, 2 of which are First State Latin America and First State India
  • tocsin
    tocsin Posts: 186
    First Anniversary Combo Breaker Name Dropper First Post
    Forumite
    I bought some First State India on the last dip (couple of months ago) - not a huge amount (c. 5% of SIPP), and plan on forgetting about it for at least 10 years.

    Partly personal preference - I prefer emerging democracies (even if a little shambolic/corrupt) to emerging autocracies - so that's half the BRICs ruled out :)
This discussion has been closed.
Meet your Ambassadors

Categories

  • All Categories
  • 342.5K Banking & Borrowing
  • 249.9K Reduce Debt & Boost Income
  • 449.4K Spending & Discounts
  • 234.6K Work, Benefits & Business
  • 607.1K Mortgages, Homes & Bills
  • 172.8K Life & Family
  • 247.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.8K Discuss & Feedback
  • 15.1K Coronavirus Support Boards