THINK OVER

Templeton Asset Management's chairman Mark Mobius is very clear about how he feels about India and Indian stocks. About India, he feels that India is still a good emerging market and investors should stay the course. He believes that the country will maintain its rate of growth going forward.

But he also added that many Indian stocks currently do appear to be rather expensive. However, he continues to make strategic investments in some Indian companies as there are lots of good companies in India.

That said, one thing that an investor should always keep in mind is that a good company does not necessarily make a good investment. It is only the combination of a good company along with a good price that makes for a good investment. One of the simplest but most overlooked rules of stock market investing.