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Hello friends, welcome to Universe of Rakesh YouTube channel. Today we are going to talk about the inspiring story of India's great investor Vijay Kedia ji. Friends, there was a time when Vijay ji did not even have money to buy milk for his child. But today the same Vijay Kedia ji is a big investor in the stock market and his net worth is Rs 1399 crore.
Friends, do you think that even after struggling through tough times, a person can achieve such a big position in the stock market? Please do tell us in the comments. Vijay Kedia was born in a Marwari stock broker family in Kolkata. His father was also a stock broker and at the age of 14, Vijay ji also joined his father in trading.
But his father died in the year 1978. At that time Vijay ji was in 10th class. After that the entire responsibility of the family came upon him. On his mother's insistence, he somehow completed his studies and had to enter the stock market to run the household. Vijay ji initially earned a little from trading.
But gradually huge losses started occurring. The situation became so bad that at one point he did not even have ₹14 to buy milk for his child. This was the most difficult time of his life. Friends, if such a situation arises in your life, what will you do? Will you give up or will you persevere? Instead of giving up, Vijay ji continued his struggle and left Kolkata and came to Mumbai.
The 1990s were the era of Harshad Mehta at the Bombay Stock Exchange. The bull run of 1992 changed Vijay ji's fortunes. He bought shares of Punjab Tractors for Rs 35,000 and these shares increased 5 times. After this he bought shares of ACC Cement and their price increased by 10 times. After this, Vijay ji never looked back.
Vijay Kedia ji always says that real success in the stock market comes from patience and long term investment. He multiplied his money by investing in various companies over a long period of time. Today Vijay Kedia ji has stake in 18 companies and his total net worth is around Rs 1399 crore. Friends, the story of Vijay Kidiya ji teaches us that no matter how difficult the circumstances are, we should never give up.
Shortcuts do not work in the stock market. Patience and strategy are required here. Real wealth is created by investing in the right companies over the long term. So friends, how did you like this inspirational story of Vijay Kedia ji ? Do you also believe in long term investments? Please do tell us in the comments.
If you liked the video, please like, share and subscribe to Universe of Rakesh to get more such inspiring success stories. See you in the next video. Jai Hind.
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