Investors are often advised to invest in stocks for the long term so as to reap benefits of compounded growth
Power of compounding is an important concept one needs to understand to really appreciate the benefits of long term investing.
Experience the unique floating market, where all goods are sold from boats.
an investment of just ₹1 lakh in year 1 at 10%, invested for 20 years can compound to ₹6.72 lakh giving a phenomenal return of 672% on capital.
So if the industry is expected to grow, the company in that sector with strong fundamentals will also prosper if all cards fall on the table