Saturday, January 3, 2015

Sold my India stocks

India was one of the best performing stockmarkets last year. That rarely happens two years in a row. I still like India long term and may buy back in if the market there pulls back and the government accelerates the economic reforms which seem to have stalled a bit. I went ahead and took my profits and sold. I have rolled the money into two of the more under performing and maligned markets, China and Russia. Although I am just nibbling a bit on Russia as I want to see where oil is going and if the Europeans balk at re approving the sanction in March.

No comments:

Related Posts Plugin for WordPress, Blogger...