Over the past couple of days I've been doing some analysis of the current and projected macroeconomic conditions in India. From what I've gathered, although India doesn't have a sustainable Public debt (68.7% of GDP) in the long term without some form of microeconomic reform, in the medium term OECD predicts it should be stable.
In addition to this OECD estimates the stance of India's fiscal and monetary policy is likely to remain neutral, thus it can be inferred that no overt pressure will applied to induce either a increase or decrease in aggregate demand, and the market forces will be allowed to take a relatively natural course. India has already had a couple speed bumps following the demonetisation of its currency and GST, but has already started rebounding and is taking shift to become one of the worlds dominant economies, with its middle class growing at an exponential rate and quality of life continually increasing.
Now aside from that mini-essay, I would just like to know the general consensus of some seasoned investors. I have been burned a couple of times and have lost a total of 25k in short term investments that I didn't cash out and rode out to near death. My strategy now is to invest another 25k into a managed fund that has a portfolio in India (as I currently cannot invest directly due to not being an Indian citizen), and wait 5 years to pull out the money for hopefully some sweet returns. It's better than just letting my savings sit in a bank account right?
Submitted August 26, 2018 at 04:19AM by Geetsly https://ift.tt/2ocuoKe
