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Explainer: Money can double every 3 years in the stock market, we will have to develop that strategy.

Sagar Patel

By Sagar Patel

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Stock Market Money Will Double

If you have watched the web series ‘Scam 1992…’ based on the life of Harshad Mehta, then a dialogue must have stuck in your mind… Risk hai to ishq hai. What is said about the stock market is 100 percent correct. A large population in India still avoids investing money in the stock market because it involves very high risk in terms of investment. But it is also true that if you invest in the stock market with the right strategy, you can double your money every 3 years.

There is no set way to make money in the stock market. This is a market full of twists and turns, so you always have to be alert. In addition to studying the portfolios of people who are successful in the market, their strategies, you must also pay attention to expert opinions and news related to the market.

After all, how will the money be doubled?

If you too want to double your money from the stock market in just 3 years, then you can keep in mind some of the things mentioned below. One thing to note about this is that the strategy mentioned below is not a complete test but still very useful for you. Plus, when investing in the stock market, you’ll also have to pay attention to your instincts…

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Don’t limit yourself: Don’t limit yourself when investing in the stock market. Rather keep your mind open. Otherwise it often happens that we limit ourselves to large-cap, multi-cap or small-cap companies. This does not bring you many benefits in the long term.

Diversify your portfolio: An ET report quoting stock market expert Ramesh Damani says investors in the stock market should keep their portfolio diversified. This means that while investors should not invest in companies with a certain type of capital, they should not allow themselves to be “married” to any specific sector. You should invest in companies from different sectors. The benefit of this will be that if one sector falls, the other sector will benefit from the increase.

Learn to see the future: Ramesh Damani points in another direction: looking to the future. A good investor should always keep in mind which sectors will grow in the future. Which companies will dominate the futures market? As there are better growth prospects in the green energy sector, infrastructure sector and electric mobility sector in the future, investors can take a call by talking to their experts about these sectors.

Must See Basics: If you want to choose a better stock in the stock market, you should avoid choosing any stock simply because of ignorance or reel watching. Before buying each share you have to see the fundamentals of that company. What work does the company do, what is its shareholding pattern, how strong is its order book, what are its future plans, how much profit and loss has it made and what is its pattern? Until you get answers to these questions, you should avoid buying stocks.

Avoid buying in embarrassed or bullish markets: A special aspect of the strategy of investing in the stock market is that it is not necessary to become a victim of the sheep. This means you shouldn’t buy the same stocks that your friends and office mates buy. Not only this, if the market is bullish, then one should avoid buying stocks at that time. You should wait for the market correction and then buy stocks based on your strategy.

Sagar Patel

Sagar Patel

I am Sagar Patel, specializing in business news reporting. With a keen focus on economic trends, market analysis, and corporate developments,

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