Let’s take the story of India’s unluckiest investor!
She manages to invest Rs 1 lakh each year in the Sensex on the day the markets hit their 52-week high (highest point of the year) starting since 1992.
She does this year after year, somehow managing to be unlucky each year. But she does not sell, but continues to hold the index over time. As of yesterday, her total investment into the Indian stock market’s most famous broad-market index was Rs 30 lakh and the value of her investment was Rs 2.30 crore. That’s right. The worst possible outcome, if held tightly over time, has given an 11% average annual return.
This includes two years in which her money was reduced to half or less. In 1992, she invested at a high of Sensex value of 4,547, and closed the year at 2,615. 2008 was far more brutal, a high of 21,207 was reduced to a low of 7,697, and a closing annual value of 9,647. Her money survived this bloodbath and kept its head over inflation and taxes.
The markets, long-term, go up in a growing economy. If you keep sitting in the sidelines waiting for a ‘low’ you will keep missing the flight. Do you know who has made money in the latest stock market high? It is not the big foreign suit of an institutional investor. It is not the HNI who is too smart for his own good. But the retail investors who have approached the market with a systematic investment plant and have remained invested. They have trumped the big money.
- Monika Halan
She manages to invest Rs 1 lakh each year in the Sensex on the day the markets hit their 52-week high (highest point of the year) starting since 1992.
She does this year after year, somehow managing to be unlucky each year. But she does not sell, but continues to hold the index over time. As of yesterday, her total investment into the Indian stock market’s most famous broad-market index was Rs 30 lakh and the value of her investment was Rs 2.30 crore. That’s right. The worst possible outcome, if held tightly over time, has given an 11% average annual return.
This includes two years in which her money was reduced to half or less. In 1992, she invested at a high of Sensex value of 4,547, and closed the year at 2,615. 2008 was far more brutal, a high of 21,207 was reduced to a low of 7,697, and a closing annual value of 9,647. Her money survived this bloodbath and kept its head over inflation and taxes.
The markets, long-term, go up in a growing economy. If you keep sitting in the sidelines waiting for a ‘low’ you will keep missing the flight. Do you know who has made money in the latest stock market high? It is not the big foreign suit of an institutional investor. It is not the HNI who is too smart for his own good. But the retail investors who have approached the market with a systematic investment plant and have remained invested. They have trumped the big money.
- Monika Halan
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Forwarded from Sonali Kothiyal
Heartiest Congratulations if you cleared the IIFCL Grade A 2023 exam 🎉
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👉 Body language
👉 Communication skills
👉 Confidence
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It's time to get ready for the interview 🗣
3 things to keep in mind ⬇️
👉 Body language
👉 Communication skills
👉 Confidence
Master all of these through a mock interview with our expert panelists 👩💻
Get guidance on the possible questions and prepare 50% faster 🏃
Enroll Now: https://www.ixambee.com/cart/609?redirect_to=online-course/iifcl-grade-a-interview
👍9🤩2❤1
💥💥💥💥💥Very Good News for NABARD Grade A and NABARD DA Aspirants: Now there is parity with RBI means now NABARD employees will get same salary like RBI Employees!
Note: Some other allowances which are not directly part of salary a calculation might be different but salary part will be same, in recent salary negotiations it was not there so there was very strong protest from NABARD employees now the top management and government of India have agreed!
So congratulations to all existing employees and those who want to become NABARD Grade A, B or DA in future.💥💥💥💥💥
Note: Some other allowances which are not directly part of salary a calculation might be different but salary part will be same, in recent salary negotiations it was not there so there was very strong protest from NABARD employees now the top management and government of India have agreed!
So congratulations to all existing employees and those who want to become NABARD Grade A, B or DA in future.💥💥💥💥💥
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Forwarded from ABC ABC
Target RBI Grade B 2025
https://youtu.be/iUzaGnDv2gk
When you have the avenues to earn atleast 5X of your present salary then only you can leave your present govt job.
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