iPath MSCI India Index (INP)
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following trend
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Room to grow - hang on long enough and you just might die rich!
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India is (behind China) the 21st centuries economic superpower in the making ... India is 30-40 years behind the developed West in terms of its stage of development. The fastest growing miidle class in the world (which is bigger than the population of the US) will create massive amounts of buyer power and therefore demand for goods over the next several DECADES. India's infrastructures is decades behind China let alone the developed West - consider that India didn't have a national highway system connecting the 4 biggest cities until a few years ago and the development of its highway system is in its infancy. Roads, modernizing the antiquated electrical grid and building new generation facilities to keep up w/ demand (which currently far exceeds available supply), schools, bridges, tunnels are all in maasive need of investment.
Add it all up and India should grow at an average rate of 8-9% over the next 20-30 years. For those who worry about the volatility/stability of a foreign market, they should keep in mind that India is a stable (and the world's largest) democracy, has a sound legal system that works, is english speaking and has a highly trained and skilled work force in addition to massive amounts of natural resources that the country sits on.
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India stocks should outperform US over the next few years.
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I think India comes back ahead of most of the other global markets...just a hunch and this index has been beat to a pulp....I like it at this price. I am looking for this to head North to the 50's....long term this is a very decent starting price.
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This is India with a very sizable economy, this will grow very well.
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A very good index fund that invests in Indian stocks.
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INP is down 55 or so percent since peak in Jan 2008. Believe the world markets are stabilizing, so this is now a buy opportunity!
Disclamer: I do not have a position in this index.
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Emerging markets are the way to go. They obviously have more volatility than the S&P500. Buts thats the beauty of it. Emerging markets have been really beaten up since Jan. Time to get in!
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India Index will be another turn around for U.S. investors for 08. Should top $200 pps by end of summer 08
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India is the next China, didn't you hear? Should be good for long term growth but don't expect a fortune overnight. Also might be wise to wait abit before buying this one up.
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Just adding India diversified, I know nothing about this particular fund other than it invests where pretty much everything will go up if the US market doesn't completely tank.
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The BRIC countries have the markets internally to help isolate them from the US downturn. Should come back.
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I love curry, thus im bullish on indian stocks.
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India problems better lately, should go up within 3 months. Target 125
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My India play. Extremely volatile!!!
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India ETF, sure to beat american based stocks in the next few years, even with the pressure faced from the rising rupee and a labor intensive industrialization.
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India is growing fast, and the bigger companies in this index while richly valued can justify the valuation with their growth. Its not a bad idea to load up around 5% of your portfolio with this ETF, although I would be more encouraged if an ETF that tracks a wider variety of Indian Stocks is brought into existence.
Most funds in US that track Indian stocks target the large cap stocks. The value is in smaller and faster growing mid caps.
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india is where it's at
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India is going to be the next success story

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