Published May 4, 2021
3 mins read
539 words
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Economics
Personal Story
Money-Making

Will My Money Double ???

Published May 4, 2021
3 mins read
539 words

How many of us have thought of these same words? Though it has been very difficult enduring these lockdowns what they have given us is most valuable - TIME . 

Time to think and ponder upon . And I somehow started to ponder upon one upon the most important things in life - MONEY . 

I for instance always believed money to be secondary. It was important to give your 100% in whatever you do and money will be taken care of. Though it's true in some sense but few extra bucks don't do any harm . And these extra bucks are the ones which are of great help in distress like covid . 

Last year in March with the announcement of Nationwide  Lockdown our share markets had collapsed . There was negativity everywhere . Though last year there were fewer covid cases there was uncertainty about future. Things were in doldrums . This lead to the crash of March 2020. 

In hindsight this probably was the best time to invest in share market . All those who were optimistic and invested in the coming months , there money doubled . Literally. 

By September last year there was optimism about vaccines . Everyone believed covid had a solution.  This optimism lead to one of the steepest rallies in share market . Markets rallied from the levels of 10000 to 14000 in no time . Again those who invested in proper shares their money doubled.  

August end was the time I finally decided to enter share market . There are few things which make you do stuff out of our comfort zone. I had always thought share market was a risky affair and it was better to stay away from it. But JEALOUSLY is one of those qualities which makes us do things which we refrain from . My friends had invested in share market and we're earning good returns . 

You are always happy when your friends do good ,but more than happy many times you are jealous too. Isn't it true??? 

My journey in investing in share market has started since August last year . Initially we are very scared of investing and we start with very few capital . I did the same . Slowly my confidence in my investment strategies in increasing  . 

I did try my best in avoiding mistakes but did make some . Though I haven't lost MONEY in share market upto now my record is not something to boast about . 

In 2021  it's not lack of information which is the problem. It's too much of it which is the issue . To sort out what is right and what is wrong is a task in itself . So here's are few of my suggestions for all those who are thinking about investing in share market . There are some very good YouTube channels guiding about share market . Few of them are 

  1. CA Rachna Ranade
  2. Invest Aaj for Kal
  3. Trading with Vivddddek 
  4. Pranjal Kamra 

These are few which I regularly watch . They inform us about what should be the mindset of an investor vs that of a trader. 

Watching them will surely help in making investment decisions. Similarly there are many websites which help in investing strategies. Some other time to discuss. 

So when is your money going to double ???

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19921992g 5/3/21, 6:26 PM
1
Nice article
1
umsamenar 5/4/21, 3:33 AM
1
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1
sumit.badarkhe 5/4/21, 3:46 AM
@umsamenar Following you
tkratika 5/4/21, 10:44 AM
1
Same here! I also started investing from last year.😀👍
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