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> investing in a house is one of the first things your parents would ask you to do once you start earning Indian here, real estate and gold are considered safe

by sumedh 9y ago

> investing in a house is one of the first things your parents would ask you to do once you start earning Indian here, real estate and gold are considered safe investments in India. Bonds and stock market are considered as casinos.

tormeh 9y ago
>Bonds and stock market are considered as casinos. Which is correct, except that with bonds and stocks you win on average, while in a casino you lose on average. This equivalence of risk=losing with no regard for expected return is pretty common in many countries. I wonder why that is? A history of scams?