Best avenue for investment in India for Canadians


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tamilkuravan   
Member since: Jun 05
Posts: 5775
Location: God's own country

Post ID: #PID Posted on: 16-05-12 12:00:26

As you are aware, the Greek situation is taking the European market down.
The Indian rupee is Rs. 54.50 to a USD and will get weaker by the day. The Indian stock market (so called) crashed today.
As you guys might be aware, Indians are loaded with cash, land, investments, cars, Gold etc... as on date.
so what would you recommend as the best investment in india in the next 5-10 years.

Will it be :
1. Convert everything into cash and save in the bank
2. Invest in Land
3. Invest in Gold
4. Invest in the indian stock market
5.Invest in Indian mutual funds
6.Invest in USD, Euro, AUs $ or the like
7. Run away to Australia as a citizen
8. Gulf job and save in Gold or US D
9. Invest in USA stock market

What would be the most likely and save avenue as things stand right now.

Peace


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I am a Gents and not a Ladies.


febpreet   
Member since: Jan 07
Posts: 3252
Location:

Post ID: #PID Posted on: 16-05-12 12:09:34

I'd say the option 2.



Fido   
Member since: Aug 06
Posts: 5286
Location: Canada

Post ID: #PID Posted on: 16-05-12 12:16:51

Option 3


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Fido.


san-hugo   
Member since: Aug 10
Posts: 2009
Location:

Post ID: #PID Posted on: 16-05-12 12:40:08



1 is rather a bad option. Keeping CAD in bank here will be better than keeping INR over there. Also the option is good only for those who are savers and can control the temptations. (I am yet to see Vegas ! :plfft: )

Option 2 for sure is best bet.

For a reminder what are the land/plot/house buying rules for the Canadian Citizens ? Can they invest ?



web2000   
Member since: May 06
Posts: 849
Location:

Post ID: #PID Posted on: 16-05-12 13:23:17

Option 2



Delhite   
Member since: Nov 04
Posts: 938
Location: Brampton

Post ID: #PID Posted on: 16-05-12 13:26:37

Spread over 2, 3, 4, 5 - if the stock market is low - good time to get in.


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A Delhite in Toronto


febpreet   
Member since: Jan 07
Posts: 3252
Location:

Post ID: #PID Posted on: 16-05-12 14:16:08

Do: 2, 3, 4, 5 and once it's done, settle in Australia.



Contributors: febpreet(3) Fido(3) sikka(2) Delhite(2) tamilkuravan(2) elmer fudd(1) san-hugo(1) desi28(1) web2000(1) JRF(1) jigz787(1)



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