And for another Friday …… as India has normalised …. & back to business …some thoughts….. some musings…..
Let’s all of us get back to … what each of us do best …..:politicians can restart their bickerings. …. “Tu-Tu-Mein-Mein”…….IPL has returned to full form with most overseas players back to duty ….. share markets have rebounded ….. monsoon has commenced … forecast for a normal monsoon … a big relief to rural India & Agriculture…….lets get on with the Economy, Investments & Growth ….. good progress has been made in the ongoing trade negotiations …. The most recent being the signing of the India-UK FTA …. ( I am happily looking forward to all favourite scotch whisky prices crashing down ) ….. Australia & UAE FTA s are also done …. Commerce Minister Piyush Goyal & his high powered Negotiating team are in USA …. US-India trade being negotiated ……with a new Govt being installed in Germany under Chancellor Friedrich Merz, I am looking forward to joining the Indo German Chamber of Commerce delegation going to Germany in June ……. May all avenues for investments & economic growth of the country be vigorously pursued.
Given the huge uncertainties due Global geopolitics IMF has predicted slowing down of the economies of most nations including US, China, EU , Japan etc etc ……. the only oasis of sustained 6.5% plus Growth of any large economy…. is India ……. hence it’s time for all of us to relook at personal investments & wealth creation …..:all wage earners below age 40 must be 80% of investable surplus in Shares ….. those above 40 can look at Equity -Debt & other asset classes …. Senior citizens above 60 must first exhaust SCSS which gives 8.2% & RBI floating rate bonds 8%+ & be invested in low cost ….comparatively safer ETF …. Take a SIP in Nippon India Nifty BEes or any similar of a reputed Mutual fund ……. continue SIPs for as long as surpluses available …. & at any stage if either partner needs more income convert the SIPs to SWPs …… that’s the safest & surest route to wealth creation in India’s economic growth story.
Given the global uncertainties … we all have to accept periodic chaos as the new normal ….. let’s all join together to build India …. the participative way ……. the ethical way …. the SEEGOS way.