If I were to deposit cash in a Bank, will it be safe? Where can I invest? In which sector shall I have confidence on?
The situation is pretty sore and recovery in the near future has become a matter of question. Sensex and Nifty have been brutally crushed. Now it is one-third of the valuations from the highs.
Investments in Gold, real estate was supposed to be a safe bet and now it has turned into high risk zone. Where can a middle class person invest?
Well, the best thing to do is to hold on to cash until, clear signals are visible. If you have debt, then this is the time to pay them off.
MFs are not trustable anymore! Stay away from them.
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