Publication: Business Standard; Date: Jan. 9, 2011
Some simple strategies to keep your money working for you
Most asset classes, whether equity, real estate or gold had a great going in 2010. However, a closer look will show that all these asset classes did go through ups and downs during the year. Even as investors may get worried over periods of uncertainty, one can expect volatility to give ample opportunities to maximise profits in 2011.
The equity markets gave a 17 per cent return in an extremely choppy fashion. The index moved in the 18,000 and 16,000 band in the first seven months of the year. The second half saw a clear uptrend that took the markets to the 21,000 level by Diwali. Even commodities made news last year. Gold was stuck in a range of Rs 16,000-16,800 per 10 grams for an extended period till May 2010 and then moved in the Rs 17,000-18,500 per 10 grams range for the next few months. It » Read more..