How to get the most out of India's growth This is Friday. It's been a crazy week and I'm looking forward to the weekend. But there is a problem. These are the first weekends of the last month without a professional football game. I'm a drug addict, I know.
I can't wait for the Surer Bowl, especially since the native Cardinals are making their first appearance (Go Cards!). The Surer Bowl is still here for more than a week. For now, I need to find something else. The old "go" mode is the time to review movies. I have a big movie near my house. I called it somrlex. This is not my theater. The cinema complex is very large. The most important part of the whole adventure is not to forget the popcorn. The latter is located 5 miles from the actual theater. When you try to buy a bag of drinks and beverages, you may miss half of your movie.
But I was upset… I started watching movies now. That's when I came across Slumdog Millionaire. Have you heard of this movie? If not, be prepared. It is about the transition to a global era for many reasons. The film has already won the Golden Globe. They were recently nominated for 10 Oscars. And this is just the beginning of PR. The film is scheduled to take place in India this week. Apparently, he never insulted her about it. In much of India, the film depicts a guy who has won millions on a game show. It doesn't matter how the film moves in India. Some call it the western view of India. They don't like how the gestures move. I admit, I haven't seen this movie. But given the number of awards he has won and the nominations he has received, I am sure he will win millions.
While reading the film, I had to think about India ... and their economy. The recent global recession has hit the country hard. They also uncovered the biggest case of fraud ... which did not help the Indian market at all. I began to wonder if India would invest in revising it. If you remember, I wrote about investing in India a few months ago. I mentioned a few key reasons why the country could be an interesting investment. There is a huge regulation in India. Call home in just over 1 billion countries. They are the second largest in the world after China. As it moves more to the middle classes, it will be a great innovative driver for the country. The country's gross domestic product is growing rapidly. In the United States, GDP growth is about 1% or 2% (when we are not in recession). India's GDP has grown by 8% and 9% over the past few years. I am convinced that some of this growth has slowed due to the credit crunch and the global recession.
However, once the global economy normalizes, note that ... growth will return.Over the next few years, they are expected to generate more than $ 100 billion in roads, bridges and other infrastructure. I liken it to the U.S. economy in the 1950s and 1960s (and we know how well Eson worked at the time). Now, the last time I wrote about India, the key figures fell by 50%. I did not understand how far they would fall. One of India's largest technology companies has recently been caught red-handed. The market has fallen like a stone in the news (and for good reason).
I know this may seem strange, but now may be a great time to start looking back at India. WіѕdоmTrее India Earnіngѕ Fund (EPI) is an ETF that holds a number of quotes traded on the Indian National Stock Exchange. I think this fund will be a great way to profit from growth in India over the next few years. Now I am not looking for this ETF to climb the former heights. It will take some time to recover. But given the good long-term perspective, it's time to start a similar new investment.