The soaring Sensex has got my long-lost friends and relatives interested in my profession.
A cab driver once seemed interested in my conversation with a colleague during an outstation management meeting.
But those enquiries were one on one and easy to douse.
Investing in the stock market is perceived very differently today. Basics of it can be learnt on YouTube. Discussions are on Facebook, Zoom, and Reddit.
Group buying happens on online brokerage apps. These apps allow multiple users to flock to the hottest trades. Or even auto-copy each other's trades.
That sounds fun, doesn't it?
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One Stock for Potentially Life-changing Gains
This stock comes from a high-growth industry.
An industry which is growing exponentially.
Our co-head of research, Tanushree Banerjee, believes...
This growth is likely to continue for many years and perhaps even decades.
Tanushree's past recommendations from such high-growth industries have offered triple and even quadruple digit gains in just a few years.
(* Past performance in no guarantee of future results)
And the stock which Tanushree has discovered now could potentially offer such gains.
This is Tanushree's #1 stock pick right now.
She will reveal details of this stock at a special online event she is holding on May 17.
Since there are limited free seats. we would recommend you to sign-up at the earliest.
Click here to sign-up. It's free.
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Not a moment of dullness in an otherwise boring activity like investing.
So, I wasn't surprised when a colleague pointed out that first quarter of 2021 had been the best month for brokerages, in terms of new demat account openings, in many years.
The sharp rise in stocks across the board, over the year, has given new investors the confidence of being touted as the next Warren Buffett.
Their friends and followers are now victims of FOMO (fear of missing out) and scrambling to make up for lost opportunity.
A track record of past 12 months has become a favoured topic at social events, over politics, and pandemic.
Unfortunately, when investing turns into socialising, it also turns dangerous.
Warren Buffett once said...
Social media investing, sadly, does not even give you that opportunity. For mistakes are made simultaneous and in large proportions.
Learn: How to Potentially Accumulate Rs 7 Crore in Wealth Over the Long-term
Every wannabe Warren Buffett should take some lessons from Charlie Munger's system on thinking errors and misjudgements.
These lessons have allowed me to systematically caution StockSelect subscribers about the risks building up in bluechips.
Case in point is the 22% single day gain in one of my StockSelect recommendations, Godrej Consumer Products.
While the company's FY21 earnings performance turned out better than my estimates, the sharp uptick in valuations warrants caution.
My blueprint for buying stocks to create an 8-figure fortune lists out the steps to buy megatrend stocks while there is still margin of safety in them.
The gains booked in 14 recommendations in 14 months is also thanks to this blueprint.
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How to Earn a Fortune in Gold, the Smart Way
Gold is on 'the verge of a decadal run' says Vijay Bhambwani, India's #1 Trader and Editor of Fast Profits Daily at Equitymaster.
He says gold has the potential to generate staggering gains in the coming years...And those who are betting on gold right now will hit the jackpot.
But wait.
While gold is an attractive investment destination, there's a very specific way to play this opportunity...
A way that ensures you rake in maximum profit and perhaps hit the jackpot...while minimizing potential pitfalls. Thankfully, Vijay - India's #1 Trader - can guide you step-by-step in the upcoming gold rush and help hit the jackpot just at the right time.
Sure, you don't want to be an average trader. That's not how you make a fortune.
Here's how you can get Vijay's guidance...
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Rest assured, these safety nets do not just protect wealth. They can also help investors accumulate crores, over decades, irrespective of the volatility in the market.
Meanwhile, I have put down the exact blueprint to accumulate several crores in safe long-term wealth, in a guide - Eight Steps to Your Eight Figure Fortune.
I will talk about the guide as well as my best stock in detail at a special online event on Monday at 5 pm.
I will also show you, how to potentially accumulate Rs 7 crore in wealth over the long-term.
And there is a lot more I'll cover.
I hope you will join me on Monday at the Great Indian Wealth Project.
Warm regards,
Tanushree Banerjee
Editor, StockSelect
Equitymaster Agora Research Private Limited (Research Analyst)
PS: Join me online on Monday, 17 May, at the Great Indian Wealth Project. I'll show you how to potentially accumulate an 8-figure fortune in the long-term. Full details here.