This is a strategy whereby you can have retirement Planning based on the dividend income.
Rakesh Jhunjhunwala was known to invest in a big way and he was getting more than 100 crores on annual basis only from the dividends from the stocks in which he had invested.
Similarly, you can make investments as a systematic investment plan and keep investing in Good stocks regularly. You can identify Good stocks yourself and can invest in them on your own self rather than giving your funds to a mutual fund that will be charging you for their service as they also have to take the salary of the mutual fund managers out of the fund and this amount is a substantial amount to the tune of 2-3%.
The only drawback is that one does not always have sufficient capital to deploy that much capital in the stock as demands always outstrip the supply and this is the place where a disciplined approach will come into play where you can allocate a fixed amount to be deducted every month and go towards your favorite portfolio which you have created. We have written a number of articles on stocks in various kinds of portfolios and you can search the same on our website with the keyword portfolio.
This article is a tribute to the finesse of Rakesh Jhunjhunwala who from a commoner became a billionaire, however, do not forget to take care of the health as this count even Rakesh Jhunjhunwala also could not get spared as the only thing which is certain is the death.
Still capital remains a concern and if you want to trade in the market then with closed eyes you can use our can start bank nifty trading tips and capital required can be as low as Rs 5000-10000 as we trade in bank nifty options and profit can be up to 30% intraday on a daily basis.
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
