Today INR has gone down further against the USD and now it's above 93, that means 1 dollar is more than 93 rupees. Now as per most of the advice including mine, it's good for the people who have invested in the USD that is who have invested in the US market.
PC: Google.com
This is because since the INR is decreasing, you will get more money for your dollar. The problem with this option as of now is that US is in war, their economy is getting hit and because of that their currency might go down further. Now what's the best place to invest now.
You can invest in the USD because againt INR, USD is increasing so its a good thing. But investing in the US market is risky as of now and that's why investing in VT makes sense now. VT is known as Vanguard Total World Stock ETF, which invests in both foreign and US fund. As of now the Chinese market looks good and that's why investing in the total world market Index makes sense. And not concentrating on one economy is better in this volatile now.
PC: Google.com
Even though 60% of the investment goes to the US but still its better to invest in the all the market. So now instead of S&P500, I am thinking of investing in the VT which makes more sense now. At the mean time Indian market has gone down around 3% today, last 2 days was a dead cat bounce and that's why I have not invested in these 2 days. Today I got the temptation by seeing 3% fall and that's why I have invested some amount in the Indian Market via Nifty50 ETF.
