- Rakesh Jhunjhunwala says he expects happiness and contentment from the new year
- Wealth and success are volatile, but it boosts one’s morale, says seasoned investor
- There is no need to despair when it comes to investing, even if you are taking a step in the right direction
Rakesh Jhunjhunwala has said that he hopes to get happiness and satisfaction from the new year. He said that he prays to God to make him happy, content, healthy and successful.
The veteran investor said that money and success are volatile but it boosts the morale of a person. Rakesh Jhunjhunwala told Shraddha Kapoor that his dream was to become a big equity investor which is now coming true.
the thrill of admitting defeat
Rakesh Jhunjhunwala says that one should have the courage to accept defeat. “There is no need to despair when it comes to investing, even if you take a step in the right direction,” he said. You need to make sure that you are moving in the right direction.
It is important to understand the value of Rs.
Shraddha Kapoor said that she was taught that 50 paise, 1 rupee and 10,000 rupees must have value in some way or the other. Shraddha Kapoor’s father taught her that money should be spent wisely. Rakesh Jhunjhunwala said, “If you understand the importance of money, you can get true freedom from it.”
15-20 percent return
Jhunjhunwala said that buying a stock and forgetting it is not a professional move. If a company’s business changes, the share price may change accordingly. This has to be monitored and measures have to be taken. If you want to invest for the next 5-7 years, then you can get 15 to 20 per cent annual return from the stock.