Shares/Stock Investing in Stock Market For Building Wealth

Jasmine

VIP Contributor
Look at how much the stock prices of big companies have gone up in just a few years. Currently, Apple stocks are trading for $185, 10 years ago it used to trade under $20. Likewise, ten years ago, tesla stock was $6, but now it's $188! You can do the math and see how much these stocks have gained. If you'd invested in Tesla or Apple ten years ago you could have been a millionaire by now. Can you think of any other investment that can make you rich like the stock market? But remember, not all stocks make money, and you could lose money too.
 

Ganibade

Verified member
Although stocks in Apple and Tesla have gained significantly over the past ten years, showing that investing in the stock market may lead to huge wealth creation, it's important to remember that not all investments are as successful as these.

Diversification and a long-term outlook are essential to reduce risk and increase the likelihood of making financial gains.

There are alternative ways to increase wealth outside of traditional stock markets, but none of them can ensure steady returns. As examples, consider:
Real estate: As property values increase over time, there are chances to make capital gains and get rental income.

Real estate, however, need money reserves and managerial abilities.
Small Business Ownership: If a small business is successful, launching or purchasing one might result in a sizable increase in wealth. Being an entrepreneur requires a lot of work and risk.
 

Mika

VIP Contributor
The beauty of stock market investment is you can start investing for a low amount through an IPO. You can also convert your dividends into your stocks and compound your profits. If you want to benefit from stock market, you need to opt for long term investment. Long term investment is less risky than short term investment. However, if you want to invest for a long term, you also need to be financially capable to hold your assets. You will have to diversify your assets as well.
 
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