iPath MSCI India Index (AMEX:INP)

ajacks1000 (< 20) Submitted: 1/6/2010 11:07:03 PM : Start Price: $67.48 INP Score: -46.49

The capital is flowing into India once again, growth is projected to be 6.4% this year, and manufacturing will become a bigger piece of India's GDP pie than agriculture for the first time in history.

While it won't outpace China, India is a more stable long-term investment because its domestic demand is greater, thus making it less susceptible to changes in global trade demand.

While it isn't without its problems, the Elephant is sure as hell a better bet than the advanced economies for 2010, while being less risky than the Dragon.