Ever contemplated on investing in shares? If not, it’s still not high time. Believe me, it is one of those money making opportunities that can be handled from the comforts of your home. All you need is an understanding of the market trends and just a net-connected PC.
A person who invested as low as Rs. 10 K in Wipro a decade back is richer by more than 10 millions. However, it’s the one who waited is now with smiles and millions of course. He did have all the patience to see his shares split, to wait for company’s bonus and dividends, more than all he saw the company growing every step up, while seeing the share prices fall in the interim as well! How much of the losers (I meant in the share market) have got this patience? I think there will be noone! Any investment needs time to grow. You can’t anticipate to double it in a fortnight! You better not at least henceforth.
While saying so I know there is so much of volatility and uncertainty in the markets. But that doesn’t simply mean you need to press the panic button and sell off all your investment for peanuts or a loss. You waited thus far, why not try and breathe for a little while more? I recall my school teacher saying, patience always pays. So, be patient. Selling during an uncertain time makes no sense absolutely, at least in the share trading business (if you are married...then I know you are already more patient than before)
Let me tell you one small secret: People who buy more stocks during the uncertain times will have a big smile down the lane. Because they waited right? So staying long term is the mantra you need to practice and you have all what it takes to become a millionaire!
Aside, do your due diligence: Researching is what you need to do and never pay a heed to the skeptics. Pay attention to the looked down stocks! For instance you would want to consider hotels and other hospitality stocks (even the health industry stocks). Invest in health and it pays back handsomely in a couple of years’ time. You may benefit from picking up or rather investing in those that others have been ignoring. Finally, I will remind of Shiv Khera’s quote : Winners don’t do different things, they do things differently. Similarly people who are making money invest in places where others don’t!
A person who invested as low as Rs. 10 K in Wipro a decade back is richer by more than 10 millions. However, it’s the one who waited is now with smiles and millions of course. He did have all the patience to see his shares split, to wait for company’s bonus and dividends, more than all he saw the company growing every step up, while seeing the share prices fall in the interim as well! How much of the losers (I meant in the share market) have got this patience? I think there will be noone! Any investment needs time to grow. You can’t anticipate to double it in a fortnight! You better not at least henceforth.
While saying so I know there is so much of volatility and uncertainty in the markets. But that doesn’t simply mean you need to press the panic button and sell off all your investment for peanuts or a loss. You waited thus far, why not try and breathe for a little while more? I recall my school teacher saying, patience always pays. So, be patient. Selling during an uncertain time makes no sense absolutely, at least in the share trading business (if you are married...then I know you are already more patient than before)
Let me tell you one small secret: People who buy more stocks during the uncertain times will have a big smile down the lane. Because they waited right? So staying long term is the mantra you need to practice and you have all what it takes to become a millionaire!
Aside, do your due diligence: Researching is what you need to do and never pay a heed to the skeptics. Pay attention to the looked down stocks! For instance you would want to consider hotels and other hospitality stocks (even the health industry stocks). Invest in health and it pays back handsomely in a couple of years’ time. You may benefit from picking up or rather investing in those that others have been ignoring. Finally, I will remind of Shiv Khera’s quote : Winners don’t do different things, they do things differently. Similarly people who are making money invest in places where others don’t!
