September 27, 2010 7:09 am
What is the best investment advice you ever got?
I got this advice in 2003 from one of my clients 😉 “Time in the market & not timing the market that creates wealth.”
What about you??
I met my first investor in 2002 in Mumbai.He was a man at age of 75.Invested in almost all debt instruments.the one investments which paid of him well was IPOs of companies like HLL,Colgate and others.He bought during IPO and at 75 was earning 1.5 lakh dividend monthly.
the advise he gave me-‘Do Not invest in share,Invest in the company.If you have invested for retirement,then have patience and wait for your retirement.”
Never make any financial investment unless you understand them completely.
Happy investing 🙂
Two important rules in stock market by warren buffet
1. Never lose money.
2. Never forget the rule No.1
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