Avoid Speculation and Leverage, Even God Cannot Sink You – Ramdeo Agrawal
Stock Broking Company Motilal Oswal founder Mr. Ramdeo Agrawal said that money is never easily and quickly obtained in the share market. For this, you have to have a lot of patience.
Friends, ever since people started investing in the share market in India, till now, the country has got top class investors who have made a lot of money from the share market and one of them is Motilal Oswal Group President Mr. Ramdeo Agrawal keeps sharing his investment suggestions with people from time to time.
Ramdeo Ji said that when he started working in the share market around 1992, our country’s economy was around 200-250 billion dollars which today has crossed 4 trillion dollars and in the next 10 years, it is likely to increase to 8 trillion to 10 trillion dollars.
Do not work on leverage or margin in the market
Ramdeo Ji said that if you want to earn money from the share market then do not work on leverage or margin, by doing this you will be at a loss in the end.
Ramdeo Agarwal’s own experience
Ramdeo Ji said that his father was totally against leverage, he was a very intelligent person and he said that if you earn less then say less, this thing of his made sense to me. He said that he was a chartered accountant when he came into the share market and he has seen people in huge losses, many people used to lose everything by studying in the balance.
You will have to run the share market as a business and not be a victim of gambling, and you get leverage in gambling whether it is through legal or illegal means. You may earn money through margin for some days but eventually, you will lose everything, and if you can avoid gambling and margin then nobody can defeat you in the share market. F&O trading is not a problem
They say that trading in the future and option is not a problem, rather it is a platform to do business, but people find wrong ways to earn money quickly in every business and then turn that business into a gamble. If you want to earn money in the share market then you have to have a lot of patience.
They say that if you convert 1 crore into 19 crore in 10 years, then this is possible, but if you think of converting 1 crore into 2 crore in 1 year, then this is very difficult, and in this, you may even lose your 1 crore.
In the end, friends, I do not believe that it is better to eat food only after cooling it, eating hot food is not everyone’s cup of tea, and you will only suffer loss by doing this.
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