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Hi Investors/ Traders ,
I have list of billionaires who are presently rich by investing:-
- Warren Buffet
- Rakesh Jhunjhunwala.
- Ramesh Damani
- Vijay Kedia and many more.
Here it is fact that you are not going to become rich with your monthly salaries unless you invest and generate compounding returns on your investments.
- How to become millionaire by investing money in Indian Stock Market:-Invest in NIFTY50 stocks:- I will show you below example where you could have made 100% of returns if you have invested money before 12 months.
You can see on 23–03-2020 price was 975 and today on 25–11-2020 current price is 1980. More then 100% returns in few months.
- Stock selection plays very important role while investing money in stock market if you able to invest in right stock then definitely it will turn in green after few months.
- Here investors who became rich they invests always in blue chip stocks rather then penny stocks.
- I have seen many people residing in UAE or USA but investing in Indian stock market they get returns of more then 50% and I am surprised to know that this is how they would able to invest in motels and restaurants that is there reinvestment. Profits they earned then reinvest in restaurants.
- Compounding interest is something which initially is small but its multiplication will turn your investment in lacs.
- Stop buying apple phone and start buying apple stock that is called smart investment.
- At initial level you have to grow trees to get fruits once your returns will start then you start living luxurious life. First invest your time to research how could you multiply your savings.
- Warren buffet has always invest his money in a way where he will gain fruitfull returns. You must start growing your seeds. Stock selection and fundamentals requires lot of experience where you need to hire any research analyst or you must spent some time to research about stocks.
- Patience is the key to get profit from stock market. Here if you will hurry then you may loose your capital.
- Entry and exit levels are very important in trading in stock market a wrong entry can lead you to loss or can stuck your position.
- Mutual funds and SIP’s are good option but that will give you long-term returns so better go for direct investment along with that.
Thank You!!
Source : Praveen Madison
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