There is no introduction required for business magnate Mr. Rakesh Jhunjhunwala. Every stock market lover must be familiar with his name. But his rich experience helped a lot to for all investors and he was the inspiration for the millions.
Mr. Rakesh Jhunjhunwala is one of the most successful equity investors in India. He started his investment with just $100. And with time and with experience, he was trading, into a massive amount of $2.9 billion.
Mr. Rakesh belongs to a middle-class family and began his first trading on Bombay Stock Exchange in 1985. Since then he was trading as a full-time profession and earned a lot.
With such a tremendous experience in the investment, for Jhunjhunwala making money from stock exchanges is very easy. However, Mr. Rakesh has mastered the word patience in stock market. Once he informs in his interview that everyone in the stock markets needs plenty of patience.
Here are 20 investment mantras of Rakesh Jhunjhunwala ji that can help entrepreneurs to create your own success story on stock markets.
1 – First of all remember that if you call yourself an investor, then you must put yourself under the opportunistic and optimist categories.
2 – You must respect the market with an open mind and accept what is going on. Why? Get a clear idea of the three points – You should know what is at stake. Always aware of when to take a loss and Be Responsible.
3 – investment in the equities is a little like a gamble game. Where one should always remember many points like the stocks profit or lose are driven by many things. This including even sentiment of the investors. Therefore, Mr. Jhunjhunwala says that, “Market is above all the individuals. The market is rational and volatile. No individual can never be smarter than the market.”
4 – When it come to the investment options, Mr. Rakesh Jhunjhunwala guides all the investors to make sure the investment always made in the business not in a company.
5 – Some times, Investing in the equities can give you hard times. If your ‘favorite’ stocks do not perform as expected. And to overcome this situation, Jhunjhunwala says ’emotional investment’ is the main approach to make a loss in stock markets. Therefore, it is suggested that do not purchase stocks blindly. But make sure you have the right tools in your investment kit with right approach.
6 – Learn to foresee stock trends and benefit from them. Traders should master ability to go against human nature and take decisions. Sometimes, these decisions will bring money for you.
7 – Always remember growth comes out of madness and you must involve in your goals.
8 – You must make sure your investment method ensures maximum profit and minimum losses. This method will keep adding wealth in your account.
9- Keep patience! You should give your investments time to mature. Be Patient till the time world to discover your gems.
10 – This is the better approach to try making investment when a stock is not popular. You can earn a wow money in this method.
After a shining period, journey of Mr. Rakesh Jhunjhunwala come to an end.
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