Given the general pessimistic mood in the country right now and how everyone seems to be talking about the rupee dollar rate as well as the plummeting stock market, this article just made a lot of sense.
To quote
"You'll be better off invested in equity rather than in fixed income of
some kind. At a basic level, one can expect that over time businesses
will generate more return than their cost of borrowing, otherwise it
doesn't make sense to be in business. Individual businesses will do
worse, but as a whole, Indian businesses will deliver a return higher
than fixed income returns over time."
P.S. The logic behind these posts can be found in
this
post
No comments:
Post a Comment