When markets correct as sharply as they did in March, due to the COVID-19 crisis, some of us are tempted to just sell everything and sit on cash. And not for the first time. From trade wars to Brexit, to now the dramatic implications of the coronavirus, we’ve had plenty to deal with. But ‘staying the course’ is also an art that some of the world’s most successful investors have mastered. The key here is to focus on the goal that you set in the first place and ensure that your behaviour is aligned to it. … [Read more...] about Staying invested: Moving to cash in volatile markets can hurt long-term portfolio returns
Indoor farming, which grows food in far less space and with far less water than traditional agriculture (and without being subject to extremes in outdoor temperatures), makes particular sense in the area. “First, we have to deal with a very limited supply of arable land,” says Abdulaziz Al Mulla, CEO of Madar Farms. “So any kind of production method that we use has to be one that’s land agnostic. Secondly, the current way of production draws far too much on our precious water reserves. At the rate we’re going, we might run out of water within the next 50 years.” The company’s hydroponic systems, like those at other indoor farms, can recycle around 95% of the water that they use. The new 53,000-square-feet farm is set to be complete by the end of the year and begin production early in 2021; it’s also designed to expand. The first building covers around 53,000 square feet, 10% of the space that the company has leased in the industrial park. … [Read more...] about Abu Dhabi is investing $100 million in indoor farming as it tries to become more resilient
Even before the novel coronavirus, or COVID-19, outbreak led to a market disruption, the Axis Bank stock had underperformed its peer ICICI Bank by a big margin. There was a 48 percent rally in ICICI Bank against a 20 percent rise in Axis Bank in 2019. But can Axis Bank weather the current storm and provide potential returns in the long run? … [Read more...] about Ideas for Profit | Will Axis Bank weather the COVID-19 storm?
This is so because India is clubbed with other EMs, even though it stands to gain in the current environment -- at least in the medium term. Thus, the sharp fall is an opportunity for long-term investors, in my opinion. Post the fall, market cap to GDP is near 50 percent -- only twice in he last 30 years have markets traded so cheap, last being during global financial crisis. … [Read more...] about ‘COVID-19 will pass, why should one let the opportunity pass?’
Reduce loans: Fewer the number of loans, the better for most people. But some loans are to be taken, such as a home loan. So take it. Just don’t go overboard with it. If you want to prepay the loan early, go for it. Just don’t let this aggressive home loan prepayment compromise savings for other goals. Having credit card dues and personal loans are best avoided unless really important. … [Read more...] about Why the 30s are the best time to lay a solid foundation to securing your finances