- Rome wasn’t build in a day but Hiroshima/Nagasaki were destroyed in a day. ( It means your whole life’s earnings can be destroyed due to greedy behavior in a single day, on the other hand it also applied for your earned reputation)
- Always buy your stocks thinking you are going to invest in a company as a partner. Therefore as a Partner, research the company like the Securities Exchange Board of India would in India and the Securities Exchange Commission would in US . Only after everything meets your financial and qualitative criteria , should you invest in the company.
- There are 1000s of strategies and many people will buy the same companies at the same time at the same price. The only competitive edge one can make for himself is Patience. Patience will filter the ultra rich from the rich.
- 99% of Traders are competing for 1% of daily trading Profit.
- Never take tips from newspapers or news channels , millions of people are reading and watching the same thing.
- Stock market represents investor sentiment in the short term and company fundamentals in the long term.
- The fundamental difference between Great investments and bad investments is the acquisition price.
When the newbies enter the world of investing, one of the biggest questions that they may face is ‘how much’ and ‘how long’ should they invest? Enter the rule of 15*15*15. In this post, we are going to discuss what is the rule of 15*15*15 (and the rule of 15*15*30) and how it can help you to make your investment decisions. The rule of 15*15*15 The rule of 15*15*15 says that if you invest Rs 15,000 per month in an investment option which gives a return of 15% (CAGR), for a consistent period of 15 years, you will build a final corpus of Rs 1,00,00,000 (One crore). Here, SIP Amount = Rs 15k per month CAGR =15% Time horizon =15 Yrs Final corpus = Rs 1 Cr (Source: SIP Calculator) Interestingly, your total invested amount is equal to just Rs 27 lakhs. However, over the time period of 15 years, you will build a total wealth of Rs 1 Crore. Rule of 15*15*30 The rule of 15*15*15 gets even better when we double the ‘time horizon’ keeping all the o...
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