Warren Buffet recently said that I keep a figure in front of you, which will shake your mind. I bought my first stock at just 11 years old. It was the first quarter of 1942, immediately after which the Pearl Harbor incident occurred. I put $ 114.75 (according to today's 8 thousand rupees) in one share. If I had invested the same amount in the S&P 500 (S&P 500) and kept investing the dividend received in the same share, then guess what the amount would have been today. How to become 2.8 crores of rupees.
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The world's famous investor Warren Buffet always says that one should invest in stocks with long-term and better dividend records. Also, instead of outright large investment in shares, it is better to make regular and small investment. Risk is reduced due to small investment. Due to regular investment, the average price decreases at a time of decline and the loss is limited.
Let us tell you that the number of such shares in the stock market is very high, whose prices are between 50 rupees to 500 rupees. Many of these stocks are such, whose shares are considered strong fundamentals. According to market experts, investors can buy these shares with small amount every month.
Make 2.80 crore rupees from 8 thousand rupees Warren Buffet says, 'Think, would it have been 10 thousand dollars or 75 thousand dollars? Let me give you some help. These figures are very low. The answer is 4 lakh dollars (2.80 crore rupees). Thus, if I had invested 114 dollars in the S&P 500 at a young age, it would have been $ 4 lakh today.
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Long-term investment advice- If you want the shade of a tree, then that tree has to be planted years ago. That is, invest only thinking long term. Opportunities do not come again and again, when there is a rain of gold, instead of putting your hands forward, you should install a bucket. Always keep an eye on opportunities, which can be found anywhere in the world. Opportunities can also occur in any industry.
Money increases only by keeping sobriety Instead of becoming a day trader, come to the market with a long-term goal. Wait till the goal is met, only money increases by keeping abstinence. Do not be lured by higher returns, if you see 15 to 20 percent returns, then invest. If you have invested in the market then cohesion and patience are necessary. Most investors become their own enemies by not doing so. Investment increases only by keeping abstinence.
Do not invest money in the market by looking at others. After investing, it is wrong to look at share prices again and again. Seeing an immediate fall or rise, investors may be harmed by selling or buying shares. If you cannot keep a share for ten years, do not think about keeping it for even 10 minutes. Do not invest money in the market by looking at others, invest only if you understand about it.
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Always keep the portfolio diversified Believe in yourself that you can become a successful investor. Always diversify your portfolio. Put money in different good companies, which will reduce the risk. If you find yourself in a boat that is constantly leaking, then the energy it takes to close the clues will be less productive than the energy used to replace the boat.
Invest in a place that is always in profit – When other people are getting greedy in the market, then you become a coward, when others are afraid then you become greedy. Always have such capable managers, whose interests meet you. Make an investment that is for the whole life, which will always give you profit.