Investing abroad: Home, risky, home

By: Cuckoo Paul/ Forbes India

It is time Indians hedged against the home-country risk and put their money in more affordable markets overseas When the world is speculating whether India will become the fastest growing economy in 2001 beating a slowing down China, it sounds heretical to tell Indians to invest abroad. But did anybody tell you that GDP growth and stock market performance are not really correlated? GDP numbers are about the recent past while investing is all about the future. Why else should a small number of seasoned investors build nest eggs outside mother India?

As the world