Page 42 - Seniorstoday July 2024 Issue

Alaimentary

Old Age and Home

After all, our last mile journey, with all its joy and sorrow, does require four pairs of
arms. The rainbow looks attractive, but there never is a pot of gold at its end, writes
Nagesh Alai
One may wonder what has the BSE and indices, I was having the customary
NIFTY 50 index got to do with old age. As conversation with my friend cum
a sexagenarian who has been investing in investment advisor to take stock of my
the stock markets since his vicenarian age, portfolio, booking profits, rebalancing the
quite unambiguously it’s a barometer of not mix and the next frontier of stocks and
just the economy but the sentiments and sectors. Interestingly, but not surprisingly,
mindsets of the people at large, regardless he said that we should consider investing
of the fact that not everyone in our country, in companies that provide old age homes
given its high indigent percentage, is an and elder care. My friend had been recently
investor or has means to invest. The indices
recently hit stratospheric highs with BSE
hitting 80,000 and the NIFTY 50 hitting
25,000, with market pandits predicting a
further 20% increase from these heights
by the close of this year. For sure, no one
can predict accurately, at best these are
conjectures and estimations and fraught
with risk and uncertainties. An investor is
wise only in hindsight, never before.
During this exhilarating tango with Anandam, Banagalore

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