Not the bottom yet, but time to pick some long-term investments
Having sleepless nights seeing the Sensex gyrate to the tunes of rising oil prices? Hurt by inflation? What about politics? Will the FIIs continue to stay away from the Indian stock market? What should you do with your investments? Should you stay put or exit?
Just relax, is the message from top fund managers to investors who are in the game for a period 3-5 years.
Madhusudan Kela of Reliance Mutual Fund, Sanjay Sinha of SBI Mutual Fund, A Balasubramanian of Birla Sun Life Mutual Fund, Mihir Vora of HSBC Mutual Fund, Sandip Sabharwal of JM Financial Mutual Fund and Sanjiv Shah of Benchmark Mutual Fund came together to launch the first of the DNA Money Conversations series of round-table conferences on Friday, July 18.
Anchored by DNA executive editor R Jagannathan and business editor Raj Nambisan, the topic of the round-table was the current macro-economic environment and the fundmen’s message to the retail investor.
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Additional Reading
Yes, you are right its time pick some long term investments.
David
22 Jul 08 at 6:03 pm