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Revealing the 100X strategy: The ultimate instrument of wealth creation

Business Standard LogoBusiness Standard6d ago

Revealing the 100X strategy: The ultimate instrument of wealth creation - Business Standard

Quick Summary:

Two experts from the same field can form diametrically opposite viewpoints from the same data, exactly the way there is a buyer and there is a seller at the same price in the stock market, both having exactly opposite viewpoints on the same business at a particular point.

On the other hand, by saving just Rs 6,000 per month for thirty years, and if one’s wealth compounds at about 19 per cent, one can comfortably achieve a corpus of over Rs 10 crore.

The simplest way of reducing systematic risk is having a longer holding capacity during longer periods of uncertainty by keeping a certain amount of capital in the safety pockets.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 20:21:45 (6 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 2069 words

Reading Time: 12 minutes read

Sentences: 104 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 24509826

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 246 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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