Lessons learnt from 10 years of Investing in Stock market

I am grateful to my father, who seeded habit of saving and financial discipline since childhood. I remember days when he use to take me to stock broker office in 1997-98, when I was ten. I use to hear terms like stocks, dividend, mutual fund etc. and found it very fascinating. Those days I use to think its a simple and quick way to make some extra money and will definitely invest in stock markets when I start earning.

Coming to year 2010 when I got my first paycheck in Mumbai, immediately subscribed for mutual fund SIP with the small amount of 5000/- Rs. per month and gradually increased it over the period of time as the salary grew. I use to watch lots of business news channel, read economic times news paper, articles etc. Some of my friends and relatives use to tell me do not get into these things, its gamble you will loose money blah blah blah , but I had strong conviction that the sooner I start can leverage power of compounding.

I am happy to share that in last 10 years, I neither stopped any of my mutual fund SIP nor withdraw a single penny and successfully able to generate return of 15-18% per annum, beating the inflation and fixed deposit interest rates.

Below are some of the key lessons I learned in last ten years, which I feel worth sharing

i) Start early in your twenties so that you can leverage power of compounding

ii) There is no shortcut to make money, you got to acquire knowledge, have financial discipline and be patient

iii) First save then spend (most of the people do it other way round)

iv) Always think long term, never get nerves by short term volatility of stock market

v) At the end, believe in India's growth story

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