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Identifying multibaggers for your portfolio is not easy as they won’t give returns overnight. Hence, for the stocks to become wealth creators investors have to buy them early and give these stocks time to rise and give multi-fold returns.If you like equities then there is one thing which every investor wants – ‘multibagger’ stocks. Indians have an obsession with equity returns thanks to lack of other investment opportunities.
Too many regulations have actually turned the heat from the realty space, gold has lost its sheen in the last 1-2 years while fixed income is no longer exciting as banks have lowered deposit rates.
Hence, equities remain the sole asset class which can give inflation-beating returns to investors and it did in the year 2017. But, the year 2018 might not have started on the golden note but the recent correction of about 10 percent from highs has given opportunities to investors to buy into quality stocks on declines.
Identifying multibaggers for your portfolio is not easy as they won’t give returns overnight. Hence, for the stocks to become wealth creators investors have to buy them early and give these stocks time to rise and give multi-fold returns.
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