The Greed And The Fear Factor

This is an investment term which characterises market sentiments, and I have actually seen this phenomenon playing out in the world of investments. Let me try to paint a picture of the current situation in the markets. The rupee is at a low and India’s current account deficits are at a high. The crude oil prices have soared. Foreign institutional investors have been steadily taking out money from our markets. The flows into the mutual funds have ebbed. Overall, it is a pretty gloomy picture I would say. And with the state elections and then the general elections around the corner, the markets will continue to be depressed and it will remain so until these events are over and the situation settles down. So, my dear readers, you might assume that it is a wrong time to invest your hard-earned money, right? I am no oracle but would like to maintain that there can be no better time to...