What is coming off in investment these days?
•Europe crisis looming ahead - Greeks on verge of default.
•Interest rates still high due to inflation
Where are we heading towards? What will happen to our investments? Why are we worrying about the macro factors?
I wouldn’t have but it is necessary to take the holistic view to check if everything is alright in the global markets especially after reading Jim Rogers. But one must not completely look at the macro picture. If the economy is not doing well, then majority of the companies will not do well. This is the time where the good companies are available cheap and you can start investing in them. Yes, everything won’t be hunky-dory and it will require tremendous amount of patience to get adequate returns. But as Warren Buffet said, time is a good friend of good businesses while it is a foe for bad businesses.
Happy investing!
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