In order to create wealth in stock markets, investors do not follow a rule book or a fixed protocol. According to most wealth planners, there are several methods to make more money in stock markets. Mr Raamdeo Agrawal, Co-Founder, Motilal Oswal, recently addressed a session in Thrive 2021– an event organised by stocks and mutual funds investments platform Groww. Motilal Oswal is the leading online stock trading platform in the country. Mr Agrwal took a session on the top 10 commandments to make money in the stock market. The concepts of quality, growth, longevity, and reasonable price (QGLP) forms the basis of investing, especially for youngsters, according to Mr Agrwal.
The top 10 commandments that youngsters must follow to make money in share markets are as follows:
- Invest in equities, do not speculate
- Do not time the market
- Master the power of compounding
- Learn to estimate the value
- Buy only those stocks that you understand
- Assess the management thoroughly
- Look for sustained quality and growth
- Do not overpay
- Have vision, courage, and patience
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