Darien

sachin123 Wrote:
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> Fair point pimpineasy.
>
> Ok let us talk specific. I believe that EM stocks,
> specially India is overheated and is up for a
> correction. Which sector/Stocks are you referring
> to Ashwin?
>
> and i feel the same for EM Real Est too. one year
> back the situation was different though.
>
> I am bullish on US R.E. I think it has bottomed
> out or will bottom out in another 3 months.
>
> Let us take this specific case of US RE
> Cost of R.E- $420K
> Down-$50K
> Leverage for 30 yrs @5%- $370K. This makes monthly
> mortgage of $1985
> Taxes pa.- $6k
> Maint p.a.- $4.2 K
> Rental Income- $25K p.a.
>
> What do you say?


This guy says it right. Although Indian markets are high, I have still invested in a few stocks, I will invest again when it falls.

If I have to choose, US stock market looks quite attractive now because of the fall.