- Date : 06/07/2022
- Read: 3 mins
Rakesh Jhunjhunwala's investment tips and his top 10 stock portfolio list.
Rakesh Jhunjhunwala is often referred to as the iconic Dalal Street Mogul. He is a chartered Accountant by profession and a prudent investor. With his shrewd long term investment tactics, he has amassed immense wealth. Naturally, the investment advice of such an esteemed personality should be held in high regard. As such, we present here the highly valuable Rakesh Jhunjhunwala tips. Below we have also provided stock portfolio information of arguably the best share market advisor in India.
Rakesh Jhunjhunwala's investment tips
Go For Long-term Investments
Rakesh Jhunjhunwala is a big fan of long-term investments. As a share market advisor, he says to allow investments enough time to mature. According to Jhunjhunwala , no matter how good an equity market stock may be, it won’t be fruitful if one doesn’t hold for long.
Invest in Mutual Investments
Rakesh Jhunjhunwala believes in equity mutual funds. According to him, this is a good investment. This will facilitate an average of 13% to 14% returns, according to Rakesh Jhunjhunwala, for a 7-year period.
Don’t Make Emotional Investments
A certain way towards loss is to make emotional investments, according to Rakesh Jhunjhunwala. An example can be real time panic-buying at the time of a recession. Another can be excessive purchasing when the market is described as ‘good’.
Always Conduct Research
One of the important Rakesh Jhunjhunwala tips is conducting research. Whether you invest in stocks or mutual funds, Rakesh Jhunjhunwala believes it is extremely important to conduct market research. His stock advice is not to treat the market as a gamble.
Avoid Over-Dependence on Historical Data
No matter whether it is a company in India or outside, Mr Jhunjhunwala says never to rely solely on its historical data. To make a sound investment decision, Rakesh Jhunjhunwala says to understand the market completely and in detail.
Rakesh Jhunjhunwala Portfolio
To properly understand Jhunjhunwala share tips, we have presented his top 10 portfolio list. This will help you make the most of his stock advice.
Rakesh Jhunjhunwala net worth in rupees is INR 29,644 crores.
Rakesh Jhunjhunwala is an icon in the world of investment. His advice is valuable as his tactics are time-tested in the real world. Following his stock advice, you can enhance your investment returns. Also read about this Rakesh Jhunjhunwala stock that with 15% CAGR returns in 20 years.
Disclaimer: This article is meant for general financial purposes only. You must not take it as any form of legal or taxation or investment or insurance advice. You must seek separate independent advice when indulging in financial decision-making.