BSE Sensex soared 17.4% while the midcap index rose by 17.5% and smallcap rose by 34% during the previous financial year 2021-22. In the last 20 financial years, Sensex has remained positive in 15 years. Over this 20 year period, Sensex has given 15.13% ROI; money doubled in less than 5 years.
Sensex investment made on April 1 2002, has grown by 16x!
Yet investments in stocks is considered risky and most avoid it. A quick look at the how the top 1% and the bottom 50% households in the US allocate their portfolio, tells a very interesting story.
Are you investing like the rich?
Take the time to plan for the next financial year.
Source: Twitter, Moneycontrol