Kampani's advice is very sound.An individual is better off buying Reliance Growth Fund or some other well managed fund.For an individual investors,stocks are more riskier .A good Fund manager prunes their stock portfolio regularly. On the US$--Huge trade deficit has already made US$ weak versus Euro.US economy is the strongest among the G-8.There are negatives like Iraq but there are positives also.For example--homeownership is great/OK.Real Estate prices are high but they always go thru cycles.Savings rate should be looked at in the context of Pensions/IRA/401(K)/Soc.Sec.and Home ownership.REVERSE MORTGAGE is a new idea for people over 65--great pool of savings.Wise Thoughts from Kampani. Satinder Mullick
