This is what 10,000 in Stock Market can do for you & still people say money is not made in stock market. Wipro Stock has multiplied by 7,04,265 times or an annualised return of 48.22% over 34 years.
Film actor Rajesh Khanna bought a bungalow in iconic Carter Road in Mumbai for Rs.3.5 lakhs in 1970. His heirs sold it recently for Rs.85 crores. The property has multiplied by 2428 times or an annualized return of 19.38% over 44 years.
Samudhra Mahal in Mumbai is another expensive property. A flat purchased in 1970 at Rs.700 per sq.ft was sold at Rs.1,18,000 per sq.ft in 2013. Money multiplied by 168 times in 43 years. This works out to an annualized return of 12.66%
In 1963, Godrej paid Rs.1 lakh to buy his first house, a 2916 sq.feet apartment at Usha Kiran, Carmicheal road, in tony South Mumbai. In 2011 he sold it for Rs.25 crore. Money multiplied by 2500 times over 48 years or an annualized return of 17.70%
The first three properties can be bought and owned by cream or elite of the society who are worth at least tens of crores, mostly hundreds of crores.
Power of equity is least understood in this country.
If you can withstand notional loss (if you don't book) in portfolio during bear markets, not worry about daily price movements, it is possible to make much better money than what can be made out of best of real estate.
Give at least the same importance to equity as you give to real estate.
You don't mind holding real estate for 20 or 30 years. Please do the same for equity ignoring bull and bear markets, notional profits and losses.
Many of you have been investing for last couple of years. Stay the course for at least another 15 to 20 years completely ignoring market fluctuations. You would be amazed at the fortune created for your retirement or to pass on to your children.
Film actor Rajesh Khanna bought a bungalow in iconic Carter Road in Mumbai for Rs.3.5 lakhs in 1970. His heirs sold it recently for Rs.85 crores. The property has multiplied by 2428 times or an annualized return of 19.38% over 44 years.
Samudhra Mahal in Mumbai is another expensive property. A flat purchased in 1970 at Rs.700 per sq.ft was sold at Rs.1,18,000 per sq.ft in 2013. Money multiplied by 168 times in 43 years. This works out to an annualized return of 12.66%
In 1963, Godrej paid Rs.1 lakh to buy his first house, a 2916 sq.feet apartment at Usha Kiran, Carmicheal road, in tony South Mumbai. In 2011 he sold it for Rs.25 crore. Money multiplied by 2500 times over 48 years or an annualized return of 17.70%
The first three properties can be bought and owned by cream or elite of the society who are worth at least tens of crores, mostly hundreds of crores.
Power of equity is least understood in this country.
If you can withstand notional loss (if you don't book) in portfolio during bear markets, not worry about daily price movements, it is possible to make much better money than what can be made out of best of real estate.
Give at least the same importance to equity as you give to real estate.
You don't mind holding real estate for 20 or 30 years. Please do the same for equity ignoring bull and bear markets, notional profits and losses.
Many of you have been investing for last couple of years. Stay the course for at least another 15 to 20 years completely ignoring market fluctuations. You would be amazed at the fortune created for your retirement or to pass on to your children.
Their are many examples of wealth creation in stock market, it is important that you realise the Power of Equity. Another such example is CIPLA, see what it did. Cipla Stock has multiplied by 2,32,886 times or an annualised return of 43.83% over 34 years.
Remember : Compounding is the 8th Wonder of the World, Power of Equity Compounding is the 9th wonder of the world - Unlock the real truth behind stock market :)
