Can you really make 1Cr+ through stock market?
Saw some posts here about people reaching 1Cr-2Cr in stock market. Is it even possible or people are lying? Because I am making 8L after working for 2 years and don't think I will ever make enough for me to reach 1 Cr before 40.
Yes, start with 2 Crore.
Not lying. This is my portfolio today. Investing since 2014. If you see my investment itself is above 1 cr. You have to focus on a) growing primary income b) investing 50% of income in equities & do it day in day out. Then just sight tight for years without disturbing the process.
Ghanta possible. TRADER = RET**D
Invest Rs. 50k per month in an index fund
Do not withdraw for 10 years
You will have your 1 cr if it grows at 12%
(last 20 year return is 17%)
Yes you can if you have 95 lacs already
Yes it will take time but you need to continue investing in MF and sit tight and in next 15 years it will happen
It’s just 2 years of work experience. At this point, you definitely won’t be able to make 1Cr, but over time you will be able to make. The strategy is to stay invested, and let the compounding do the magic for you. Also, you will need to keep on increasing your salary as well as investments every year.
When I started working, I hardly was on 4LPA. End of 2 years, I went to 5 LPA. Start investing early and that will help you out in the long run.
We got a 1Cr apartment with 50% down payment. This is after working in the industry for 12 years.
Yes you can easily make
100% yes
Yes you can
