2016 was a year of black swans – Brexit, Demonetisation and Trump – all these changed the investment landscape dramatically. Not many would have made decent returns in their overall asset base in 2016 – at least I did not.
Does 2017 look better?
Well the answer is a NO.
As of now, the risks are still there. Modi is still talking tough. Trump is expected to do the unexpected in 2017 (and beyond). And we still have to contend with a Chinese devaluation and Duetsche bank problems.
In such a situation, I would recommend conservatism.
Stay focussed on keeping your assets safe – do not lose money and live to fight another day.
In India, there are chances of further interest rate reduction – that me