HOW the RICH 1% INVEST? (अमीर बनने का सबसे तेज़ तरीका)
Автор: Invest Mindset
Загружено: 2021-11-13
Просмотров: 465627
#HOW the #RICH 1% #INVEST? (Fastest way to get rich) (अमीर बनने का सबसे तेज़ तरीका)
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A very common question by people. How to get rich fast? What is the fastest way to get rich, build wealth and achieve financial freedom (true financial independence in India?)
There are secrets on how to get rich fast and if you take the time to learn them, you too can also put yourself on the right path to building wealth and achieving financial freedom.
Business owners and entrepreneurs are well positioned to build their wealth and get rich, however we’re not talking about a how to get rich quick scheme. Most self-made millionaires have built their wealth by starting a business or investing in good businesses through the stock market.
When you own a business, you can control the amount of wealth that you want to create for yourself.
If we look at the portfolio of Warren Buffett, Charlie Munger, Rakesh Jhunjhunwala, Jeff Bezos, Elon Musk and other rich billionaires, you'll see one thing common in them. Their stock portfolio will be highly concentrated towards one stock that creates highest wealth for them.
So in this video, we talk about the golden rule of wealth creation that's the fastest way to get rich. It is having a concentrated portfolio instead of having a diversified portfolio of stocks.
When you buy a share (stock) in the stock market, you basically own a small part of the company. So if you think a stock is going to give very good returns in the future then instead of diversifying away and putting small money in that winning stock, it makes more sense to buy more stocks of that stock now and earn highest return in your portfolio.
More details of portfolio, diversification, compounding and wealth creation will come in future videos.
However, this is not a stock or investment advice. We are not SEBI registered. Please consult your financial advisor for all investments.
Timestamp:
00:00 Intro
00:30 Part 1: Case Study
04:38 Part 2: Secret Strategy
06:20 Golden Rule for Wealth Creation
09:53 (thank you sponsor)
10:25 Part 3: How to Invest like the Rich 1%?
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