Mario Goveia wrote: > My advice to all is that if you think the price is > right for you go ahead and sell, because the cash to > in hand means that you can buy something else, day by > day the power of buy with a rupee is decreasing.
Folks, Inflation in India is running at an annual rate of 10%. This means that within seven years of selling his ancestral property, a person will be left with cash that is worth next to nothing. Unless a person can take his money and make a return of more than 10%, every year, the person's wealth will decrease. He will soon find himself broke AND homeless. > Of course, you will continue to hear my never-humble > opinions until they plant me 6 feet under or > incinerate me as the case may be:-)) Mario, I invite you to visit me and let your opinions be known even after you are gone ;-) Mervyn3.0 __________________________________________________________________ Yahoo! Canada Toolbar: Search from anywhere on the web, and bookmark your favourite sites. Download it now at http://ca.toolbar.yahoo.com.