India is my country bet, which I cover with $QDV5. 🇮🇳🤞🏼
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•@Ash I am surprised by the poor performance of the ETF, as I also see great potential and high growth rates in the Indian economy.
Perhaps these ETFs hold too many stocks that have no potential for growth... 🤔
Perhaps these ETFs hold too many stocks that have no potential for growth... 🤔
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•@TradingHase I think so too and that is the main reason why I reject country ETFs. You buy 80% junk. I think if you want to get into growth markets like India that are performing well, you should take a bit more time and filter out the most promising companies.
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•@Multibagger
I see Mahindra as such a
I see Mahindra as such a
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•@TradingHase What do you mean by poor performance? After all, the thing has made almost 90% since its launch, not bad for an ETF in 7.x years.
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@finanzperpetuum Looking at Max, 10% per annum is ok, but looking at the last year, the performance is permanently worse. For me, this is a clear sign of too many weak stocks in the pot. Better to collect strong individual stocks. I think the overall performance will be much better.
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@TradingHase
Unfortunately, it is not so easy to invest in individual stocks in India.
Most of the time it is ADRs
Unfortunately, it is not so easy to invest in individual stocks in India.
Most of the time it is ADRs
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•Wouldn't MACI CHINA be better? :)
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@TradingHase
India is lowering VAT from today.
This is good for consumption. Especially for cars.
@Max095
India is lowering VAT from today.
This is good for consumption. Especially for cars.
@Max095
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•@Tenbagger2024 maybe I'll get on board at $MHID
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