Wealth Creation Day: Long-term investors need not panic on slight corrections, says Vallabh Bhanshali, Chairman, Inam Group
Long-term investors should not panic about slight correction said Vallabh Bhanshali, Chairman of Enam Group.
Long-term investors should not panic about slight correction said Vallabh Bhanshali, Chairman of Enam Group. He also suggested investors to invest in companies keeping in view the growth of the company.
He said so while talking with Zee Business Managing Editor and Market Guru Anil Singhvi in a Tv show on the occasion of Wealth Creation Day where he shared his view on the market.
Important things that investors should remember
Bhanshali said analyzing the market is not easy. But it is important for the investors to invest keeping in view the growth of the company and he suggested to go with long-term investment. He said that this is not the time to panic; invest in the stock market as it is the biggest opportunity for wealth creation, he said.
Suggestions for new investors
The Chairman of Enam Group said that there are two types of investors in the market - one who is not a permanent investor, who does not last long and the other who comes with the purpose of investing with the long term view but their timing is not right. On the other hand, those who don't put all their money in the market at once should not worry about timing, he said, gradually they will learn. Bhanshali suggests staying in the market and don't panic about minor corrections.
What to look for before investing in a company?
There are two things to keep in mind while investing in a company, Bhanshali said, - first, is there any potential for this company to grow? And second, will I get my share in the profit or not?
Therefore, before investing in a company one must look at the capacity of the promoters and the intention of the promoters.
Do new investors need to take special precautions as the domestic market is linked to the global market?
Bhanshali said that things go up and down in the world, but if the management of a country is right, then the country does not suffer much. Similarly, if the management of the company is good then there is no need to worry.
For More Details Watch Full Video Here:
लंबी अवधि के निवेशक थोड़े करेक्शन से घबराएं नहीं, कंपनी की ग्रोथ को देखकर करें निवेश: वल्लभ भंसाली, चेयरमैन, एनाम ग्रुप #ZeeBusiness LIVE https://t.co/3ILYCxtlS1
#ENAMGroup #VallabhBhansali @AnilSinghvi_ pic.twitter.com/QBUvWIqtik
— Zee Business (@ZeeBusiness) March 24, 2022
(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)
See Zee Business Live TV Streaming Below:
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Liquor stock under Rs 300: Can this smallcap scrip double your money in 1-2 years? Check targets by Anil Singhvi
02:19 PM IST