All the initial euphoria is dying away... the headwinds are getting starker for the indian economy.. all that gave the tailwinds are disappearing
While the government has been focussing on the right things ans reducing the supply side constraints by focusing the spends in the right area... the oil tailwinds and trade wars seem to be getting ready to create inflationary pressures.
The RBI is no longer wanting to have an accomodative stance.. which means that inflation is on its way up.
Here are some key things to do
1. Pay off your home loans... especially if you have money with you.
2. Change your debt plans to short term debt funds or dynamic funds... as in the long term interest rates will increase and you need to wait to lock onto the higher rates.
Make the most of it.. thats simplefinancialsense
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