They are talking about investment doubling in 10 years. IF u invest 50 Lakhs assuming 10% increase per year in 10 years you will become crorepathi. Here some stocks may perform well while some may go down. Now they need to define this term long term is it 5 or 10 years. Now where to find this kind of money.
RE:10 stocks to make young investors crorepatis
by bala joshi on Feb 07, 2008 10:33 AM Permalink
Real estate!
Even stocks can do well. The most basic thing is to prurchse at less price and sell it at higher. But its human psychology that does not allow. The panic sets in. Then sky starts falling. Unexperienced people get their fingers burned, But fundamental of sophisticated investors should be unshaken.
RE:10 stocks to make young investors crorepatis
by manickam paramasivan on Feb 10, 2008 09:17 PM Permalink
Well stock markets will never move according to a set pattern or formula.Unfortunately many ppl seek one such in the fond hope of beating the markets.It is important to remember that there is no other way but to remain alert at all times when one is invested in stocks.If that doesnt appeal to one then better to put money in other avevues..like FDs,NSC PPF or plain SB a/c..!!!
