Some say it's with No Guarantee,
Some say it's Gambling and so on...
But whatever they say, if you want to generate great wealth, Equity must be present there and no one can proxy it...Example - if you check the performance of HDFC bank it has given 16,100% return since its inception.
What else will give you such huge Returns??
In short, the thing is if you choose quality stocks and invest them on a regular basis, there are more chances that you will generate huge wealth.
Sensex has started its journey from 1978- 79 with 100 points, after 40 years it has reached 40,000, it has grown with more than 17% CAGR(Compounded Annually Growth Rate).
What source is giving you a 17% CAGR for 40 long years??
you must have heard the names of
are the big names, who earn Millions and Billions through Equity,
"If they can do it we can also do it."
Top quality stocks performance in the last 10 yrs;-
Eicher motors - 6464.28%
MRF - 1523.92%
TCS - 1081.74%
HCL Tech - 1033.47%
Kotak Mahindra Bank - 783.22%
HDFC Bank - 692.93%
HUL - 621.29%
HDFC - 378.50%
ITC - 327.26%
Reliance Ind - 125.92%
Great quality stocks have multibagger potential, invest in them wisely and regularly. Learn from your mistakes, correct it and be invested with a longer-term horizon for creating a wealthy, rich portfolio to be financially Independent.
Note – This blog is for education purpose only, paisaboltahai.org suggests you to consults your financial advisor before taking any decision about any stock.