How to Attain Financial Independent at Young Age ?

Samad

What is investing?

Investing is the act of allocating assets, with the expectation of generating an income or profit. You can invest in endeavors, such as using money to start a business, or in assets, such as purchasing real estate in hopes of reselling it later at a higher price.

What are Stocks and Stocks Exchanges?

A stock (also known as equity) is a security that represents the ownership of a fraction of a corporation. This entitles the owner of the stock to a proportion of the corporation's assets and profits equal to how much stock they own. Units of stock are called "shares."

Stock exchanges are the place where buying and selling of shares takes place.In India, there are two major stock exchanges NSE and BSE

Nifty index returns from year 1999 to 2021.

1 lack invested in nifty index in 1999 is 16.49 lakhs. in 2021

Example of Value investing as per future growth perspective.

Mid 90’s was the time to invest in tech companies as they were under valued that time. Now as we all know the technology industry is on boom and it will keep booming because of increasing dependency on technology services.•Wipro -An investment of Rs.10000 in 1980 grew to Rs.741 Crores. Including bonus and split shares.•Infosys -An investment of Rs.10000 in 1985 grew to Rs.11.5 Crores. Including bonus and split shares

Where to invest now?

According to great economist, stock market experts. Year 20-21 is the time to invest in electric vehicles and auto industry.

Tesla –Elon musk has now become the richest person because of boom in share prices of tesla in the last year.
The prices went multifold . (8x from march 2020).
India has the potential of manufacturing electric vehicles and lithium ion batteries as the world is boycotting china.
Hence the major countries are switching from china to india for manufacturing purposes. As India is only competitor of china
Aatmanirbhar bharat abhiyan is also promoting the same.
So according to experts it’s very wise to invest in electric vehicle industry for long term (10-20) years