How to Become a Smart Investor Like Rakesh Jhunjhunwala

Here are 7 important investment tips by the man himself!

Do Your Research

- Do thorough research before buying stocks. - Buy the right stock and have faith. - Don’t panic and make a hasty decision.

Tip 1

Think Long-Term

Invest in stocks for the long term. Have patience - it’s one of the important factors to becoming a successful investor

Tip 2

Do not involve emotions

“Emotional investment is a sure way to make losses in stock markets.” - Rakesh Jhunjhunwala When it’s time, take a call and exit.

Tip 3

Go against the tide

Break the herd mentality. Go against the tide! “Buy when others are selling and sell when others are buying.” - Rakesh Jhunjhunwala

Tip 4

Develop the ability to  bear losses

Stock market returns are subject to market fluctuations. Develop the ability to bear the losses to make profits.

Tip 5

Be responsible and respectful

“Respect the market. Have an open mind. Know what to stake. Know when to take a loss. Be responsible.”                 --- Rakesh Jhunjhunwala

Tip 6

Quality over quantity

Invest in companies which are backed by strong leadership and competitive management

Tip 7

Start investing

With just Rs. 500 per month