Through this post we are going to provide an amazing investment technique which you can make you become the next billionaire. If intraday is on your mind then make use of our bank nifty option tips to make money on a daily basis.
1. Net worth is a financial term that refers to the total value of an individual's assets minus their liabilities. It is a measure of an individual's financial health and can be used to compare the financial status of different individuals or businesses. To calculate an individual's net worth, you would add up the value of all of their assets (such as cash, investments, real estate, etc.) and then subtract any outstanding debts or liabilities (such as mortgages, loans, credit card debt, etc.). The result is the individual's net worth.
It is important to note that net worth is a snapshot of a person's financial situation at a specific point in time and can change depending on the current value of their assets and the status of their debts or liabilities.
It is also a good idea to track the net worth periodically to see the progress over the time.Your Networth is total assets minus liabilities. You have to exclude your house, in which you stay, and all depreciating assets from your net worth. For example - if you buy a BMW today costing 50L, you can take the value as Zero today itself. You will be enjoying the rides, time will fly, and it will be worth Zero value. You will only sell it in case of financial distress. This is Bhog which you must enjoy.
Now if your networth is invested only 10% in stocks and 90% elsewhere, you can concentrate and invest in few stocks. Concentrated portfolio where you can take big risks for bigger returns. You can just buy 2-5 stocks.
If it is other way round where your 90% networth is in stocks, then you can't take bigger risks. You have to diversify into minimum 20 stocks and Large Caps.
You should be happy with 15% average annual returns on your portfolio. Additional returns are bonus. 🍷
You
should Trade Less But Trade Accurately & this is Achieved with our Tip.
