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Asked a question 2 years ago

Is it possible to do stock investing full time with a saving of only Rs. 10 lacs?

Desmond Lobo
Please be sure of your technical knowledge, risk appetite etc before you take the plunge into stock trading with your hard earned savings. People have lost everything while trying to earn a little.
Monkey Singh
Agree with Desmond. Don't plunge into trading unless you're sure of what you're doing and lose your existing job and eventually empty your capital.
George Roper
An active trader who can generate twice the return of a benchmark index from active trading, would be worshiped as the Maharishi among the trading guru circle.

Being optimistic, that our benchmark index NIFTY will generate 15% return p.a. and you somehow manage to generate twice of that, i.e 30% of your capital in a year.

30% of 10,00,000 = 3,00,000

3,00,000 / 12 months = 25,000 is your average monthly earnings.

The question to ask yourself is, can you manage to make a good living earning 25,000 per month?

An unskilled laborer with no knowledge about international markets, oil prices or global economy will beat your monthly income by earning around 30,000 per month, with no investment of capital or risk of bankruptcy.

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