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After the stock market, who doesn't know Rakesh Jhunjhunwala, who was also called India's Warren Buffett and Big Bull? Rakesh Jhunjhunwala made his first investment with just ₹5,000 and by increasing his investment estate, he turned that ₹5,000 into ₹50,000 crores. By following this rule of Jhunjhunwala, many investors became millionaires and many investors became billionaires.
Today we will learn the full history of this rule. So, I request you to stay till the end of the video and listen carefully to all the investment rules of Rakesh Jhunjhunwala and invest in this manner in the coming days and earn money from the stock market. Jhunjhunwala's first rule is always ready to take risks.
Rakesh Jhunjhunwala used to say that never be afraid of your mistakes. He used to say that to invest in the stock market and to achieve success in your life, you have to take many decisions and sometimes the decisions you take are wrong. It could be wrong. If you're afraid of making mistakes today, you'll never be able to move forward in your life.
The more mistakes you make, the more you learn. He said, " I also make mistakes, but I learn from them and move forward." The second rule is one I follow myself. Big Bull always says, "If you want to start a business, start a business, invest in the stock market, or invest money in the stock market, never take a loan from a bank or a friend and invest.
Make your first investment yourself because it doesn't always turn out the way you think. You borrow money from someone and invest. It's possible that the money you invest might sink and you could suffer a huge loss, for which you're not prepared." The third rule is, "Stay away from stock tips." Never invest by relying on tips.
Do n't invest in the stock market. Rakesh Jhunjhunwala never believes in tips. He said, " Never invest in companies that are currently trading because the trade is limited to a certain period of time." Jhunjhunwala says, "You should buy when others are selling their shares and when others are buying." You should sell it when it is right, that is, when the price of a share has fallen and you know that the share price will rise in the future, then buy it quickly, do n't wait even a second, and when you know that the share price is going to fall, then sell it right away.
If you invest by following this rule, then your money will never be lost, you are guaranteed to earn, I guarantee it. Rule number four: Before investing, use your Millennium Mind, that is, your brain, before investing in the stock market. Before investing in any company, do thorough research about it.
Read the entire history of the company, that is, the business balance sheet, its management, and what the company is going to do in the coming days that will increase the value of the company, its share will increase. Do complete research and find out, then think carefully. After that, if you feel right, invest or not, leave it.
The number is on the five. Look at your mistakes from a positive perspective. If you make a mistake while investing in the stock market, then learn from it, do not take it negatively. If you learn from your mistake, you will avoid making another mistake. And apply this rule in your life too. Implement this.
Whenever you make a mistake, learn from it. This will prevent you from making a second mistake and keep moving forward in your life. Do n't invest like a warrior. Never invest your entire money in the stock market. Jhunjhunwala says that only small investments guarantee better returns. When investing in a single investment, divide your money into small amounts and make purchases from time to time.
When investing in the market, invest only enough to remain in the market even if you lose it, i.e., lose your money. Listen carefully to what Rakesh Jhunjhunwala says. I am ready to take risks, but I take only as much risk as I can tolerate and get up to start again and move forward. Friends, it is very sad that Rakesh Jhunjhunwala is no longer with us.
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