Last year, I talked to my father’s friend who’s holding Reliance, Nestle and many other companies since past 20 years.
Needless to say, he’s made a fortune out of it.
People are willing to hold real estate for ‘generations’.
Some of our Potential Multibaggers Research Reports client suggest to reduce the time frame of long term stocks because the holding period is generally 3-5 years. They want it to be even shorter.
Some want to cash out of equity day in & out. That’s not how wealth is created.
Usually, it’s easier to hold investments once you cross 5-10 years mark.
Businesses need time to grow. Once business grows, it gets converted in increased earnings of the company & eventually gets reflected in stock prices.
Big money is made not in buying & selling stocks but holding with patience.
