Android: Home & Home Decor StockBasket

Thursday, 2 July 2020

Home & Home Decor StockBasket

Hi ,

Today, I will be sharing one basic rule of investing. This rule, in plain language, can be called as "Financial planning".

Planning is the process of thinking about the activities required to achieve the desired goal. Your goals could be anything, literally anything (do not let the world tell you, your dreams and aspirations). It could be something simple like a big-screen television set or buying a new four-wheel vehicle, or something heavy-duty like buying a home, your child's education, or something entirely different that is dear to you.

These financial goals have been complicated by our society for many years by imposing complex financial factoid, but it's fairly easy to define once you have a number labeled over it. For eg: Rs. 30,000 for a tv set, or Rs. 5 lakh for a brand new car. Once you have your numbers, you can start planning for them right from day-1.

Of course, the obvious route for saving (that hasn't changed over the years) would be to save every penny you earn in monthly wages and realize those goals/dreams.

Or you could invest in a highly-rewarding instrument and let your money work for you.

The fastest way to realize the best result (according to me) would be to invest in the capital market instruments, especially stocks - these stocks should be of quality companies that have zero debt and have consistently shown good financial results for over a decade.

And even though these investments in the stock market comes with their own set of risks, they are still the easiest and most fruitful instrument available; they easily beat other asset classes by a huge margin - where FDs deliver an average of 6 to 7% returns, investment in quality stocks deliver an average of +15% returns.

Note: These returns do not generate overnight or even after a year. To make the most of your investments, you need to exercise patience for a period of no less than 5 years.

With that said, today, I present you with the Home and Home decor StockBasket. A basket that comprises of top stocks like Asian Paints, Pidilite ltd, Kajaria ceramics, etc. These stocks can help you paint your future and help you achieve your financial goal of adorning your home as you envisioned.

Open a Free StockBasket account to invest in these stocks today!