Makes you want to think about the risk of permanently losing your capital if an asset market does not recover.
Warren Buffett has an interesting first rule of defense:
Rule #1: Don't loose moneyRule #2: Don't forget Rule #1
In other news, India's Central Bank raised key rates.
As the Wall Street Journal dryly noted:
None of the 18 economists surveyed in a Dow Jones Newswires poll had called Tuesday's move.
Guess those folks still haven't seen Aamir Khan's new video about the Inflation Witch!
Tread with care and watch for indigestion ahead.
It's your money - BYOCIO - Be Your Own Chief Investment Officer.
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