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Youth advice
If you are between 15 to 25 years of age, this is for you.
Thread: Why youngsters should not invest actively?
Thread: Why youngsters should not invest actively?
[1] Let’s say you have ₹1,000.
How much money you can make out of it by investing?
₹ 3,000 or ₹ 4,000??
How much money you can make out of it by investing?
₹ 3,000 or ₹ 4,000??
[2] When you are young, and when you don’t have enough money, the best thing is to learn a skill.
Don’t spend so much time trying to beat the market because if you can beat the market, so can wall street guys.
You are not gifted. Nobody’s gifted.
Don’t spend so much time trying to beat the market because if you can beat the market, so can wall street guys.
You are not gifted. Nobody’s gifted.
[3] You have to have a plan.
And this is where you need some capital in the first place to invest.
And this is where you need some capital in the first place to invest.
[4] The biggest challenge in active investing is the CORPUS.
Your initial corpus is tiny and if you look at someone starting with ₹1000, he/she can still be beaten by someone who’s invested in his time-making skills.
Your initial corpus is tiny and if you look at someone starting with ₹1000, he/she can still be beaten by someone who’s invested in his time-making skills.
[5] You can make money from a single skill.
You don’t have to graduate from IIT or IIM to make money.
You can graduate from a Tier 3 college and still earn a good deal of money by actively investing your time in skills.
You don’t have to graduate from IIT or IIM to make money.
You can graduate from a Tier 3 college and still earn a good deal of money by actively investing your time in skills.
[6] If you actively invest or trade, you are likely to make ₹10,000 from ₹2,000 for a month or more.
However, if you learn a skill (be it design, code, video, graphics), you can easily make ₹ 50,000 per month. It’s not dependent on luck or strategy.
However, if you learn a skill (be it design, code, video, graphics), you can easily make ₹ 50,000 per month. It’s not dependent on luck or strategy.
[7] Active investment or Trading goes on for 2 months or 3 months, but at the end of the day, you would need a strategy and proper use of your talents to keep making a good amount of money every month.
[8] Getting an internship, a job, and freelance work are more predictable than throwing your money in the stock market.
[9] I am not against investment.
My point is: Invest your money in one place and invest your time in another place.
Don’t invest both your time and money in one place only.
My point is: Invest your money in one place and invest your time in another place.
Don’t invest both your time and money in one place only.
[10] Invest your time in making more money so that your money can be doubled by experts, wealth managers, funds, etc.
[11] When I was starting out, I was making around 8-10L in hand and when I was leaving Microsoft, I was making close to 1Cr.
And this was just in 9 years.
Whenever I was free, I would use that time in learning more stuff, not for the office but for myself.
And this was just in 9 years.
Whenever I was free, I would use that time in learning more stuff, not for the office but for myself.
[12] In 2017, I did one workshop and made 1L over a weekend.
No amount of stocks can give you the power to generate this much money with only skills.
The idea is to invest your time in yourself, in your growth.
No amount of stocks can give you the power to generate this much money with only skills.
The idea is to invest your time in yourself, in your growth.
[13] This is the reason why celebrities and sports personalities have their personal managers.
Because they would rather focus on upskilling themselves and being the best in their field.
This is how you earn the top dollars and be in the 1%.
Because they would rather focus on upskilling themselves and being the best in their field.
This is how you earn the top dollars and be in the 1%.
[14] Anybody who’s focused will beat somebody who is not.
It is as easy as it is.
It is as easy as it is.
[15] The problem with active investment is that now you have two things to focus on: your career and your investments.
One way or the other, one of these will have to suffer.
One way or the other, one of these will have to suffer.
[16] The part about a career is that it is more stable.
Invest in your skill and your personal brand before you invest in other places.
Invest in your skill and your personal brand before you invest in other places.
[17] Investments are not bad.
One should only figure out what they want in their life and what things they should focus on.
One should only figure out what they want in their life and what things they should focus on.
[18] I hope this thread helped you find some clarity in your career and life.
If it helped you, do RT the first tweet and share it with others.
Thanks for reading.
Follow @tanaypratap for more threads.
If it helped you, do RT the first tweet and share it with others.
Thanks for reading.
Follow @tanaypratap for more threads.
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