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Is India Ready for Investment Culture?


Is India Ready for Investment Culture?

Today, it has become a new trend to invest in portfolio or share markets. Because, private companies are on the run and the environment of entrepreneurship is high. The days of savings in bank for fixed interest, the days of living from your fixed and active income are slowly fading away. Even ads which always catch our interest showcasing commodities have shifted their course and started dressing in investment brokers’ costumes. All this shows the growth of capitalism, note that I say this in a positive sense.  Books such as Robert Kiyosaki’s “Rich Dad Poor Dad,” Ashwin Shangi and Sunil Dalal’s “13 steps to Bloody Good Wealth,” encourage readers to diversify their income into active and passive. This is the term used by Kiosaki referring to income earned from service and income earned from stocks.
But, Is India ready to get into such markets? Warren Buffet says “One should be greedy when others are fearful and when others are greedy, one should be fearful.” If to accept his words, this would be a perfect time for investments in Indian market.

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