Yesterday I added to my investment in the Sensex India ETF (2836) at HK$9.95 per unit. The purchase reduced my cash on hand balance back to about four years of living expenses. This is still way too much cash to hold in accounts which yield very little interest, but I am still nervous about near term economic conditions.
I gave considerable thought to investing in the Lyxor Russia ETF (2831), but was deterred by the more limited liquidity.
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