Put the money down ...

When a sinking ship goes down, and all are jumping off only the insane (or Captain Jack Sparrow) jump on it. But our money is not going to be returned by the Kragon from the netherworld. So why invest? The logic fails me totally. Its a volcano that has burst and is now cooling down; far from spewing out any returns, its a station to where a train don't come. Speculative investment is and should not even be considered an investment but merely a wager or gamble with public money. At least PSUs need not gamble with public money, now at this time of crisis when we need to play our cards close to ourselves.



References:

LIC to pump in Rs 4K cr more in stock market by March

LIC policyholders likely to see their bonuses diminish