Before you try to understand the market and stocks, you must understand yourself first.
What is your goal?
Of course – to make money.
But remember, in the stock market there are people who are more educated and more experienced than you. That’s your real competition. And the only way to move ahead of them is to learn more and more. There is no shortcut in the market.
How you react during bad times also matters a lot. Your behaviour decides your results.
Look at your old portfolio – the stocks/funds you bought at low prices are probably much higher today. Because as India’s GDP grows, companies’ market caps also grow.
So will our GDP grow further?
Yes, it will – and it will grow a lot.
We are not even at 5 trillion dollars yet, and Nifty is already above 25,000. Imagine where the market will be when India reaches 15 or 20 trillion dollars.
India’s GDP is compounding fast and your wealth will grow with it.
So keep investing, keep learning – time will do the rest.
Investment in securities market are subject to market risks read all documents carefully before investing.
Pramada Finserv 