India is a state in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world. Bounded by the Indian Ocean on the south, the Arabian Sea on the southwest, and the Bay of Bengal on the southeast, it shares land borders with Pakistan to the west; Bhutan, the People’s Republic of China and Nepal to the northeast; and Bangladesh and Burma to the east. In the Indian Ocean, India is in the vicinity of Sri Lanka and the Maldives; in addition, India’s Andaman and Nicobar Islands share a maritime border with Thailand and Indonesia.
The Indian subcontinent was home to the ancient Indus Valley Civilization and comprises historic trade routes and empires. Four of the world’s major religions—Hinduism, Buddhism, Jainism and Sikhism—originated here, while Zoroastrianism, Christianity and Islam arrived in the first millennium CE and shaped the region’s diverse culture.[15] Gradually annexed by the British East India Company from the early 18th century and colonised by the United Kingdom from the mid-19th century, India became an independent nation in 1947 after a struggle for independence marked by non-violent resistance and led by Mahatma Gandhi.
The Indian economy is the world’s tenth largest economy by nominal GDP and fourth largest economy by purchasing power parity. Following market-based economic reforms in 1991, India has become one of the fastest growing major economies, and is considered a newly industrialized country; however, it continues to face poverty, illiteracy, corruption and inadequate public health. A nuclear weapons state and a regional power, it has the third-largest standing army in the world, and ranks tenth in military expenditure.
India is a federal constitutional republic with a parliamentary system consisting of 28 states and seven union territories. It is a member of the United Nations, the Non-Aligned Movement, the World Trade Organization, the South Asian Association for Regional Cooperation, the East Asia Summit, the G20, the G8+5, and the Commonwealth of Nations, and is one of the four BRIC nations. India is a pluralistic, multilingual, and multiethnic society. It is also home to a diversity of wildlife in a variety of protected habitats.
What about buy and hold not forever but it could be for a while. Their are stocks like petsmart that traded at 2 dollars a share 11 years ago now the stocks almost fifty. Also pricesmart traded at about 7 dollars a share about seven or eight ago now its almost around sixty dollars. Their are many many others Just a few examples. Apple computer traded ar only 5 dollars a share in 1998 now its over 440. These stocks are being held quite a long time generally speaking. I would say four to six years would be about right as far as buy and hold go. I have a website where I have been following stocks under five dollars. I generally hold my stocks anywhere form 2 to 6 years.
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