BEST STOCK TO INVEST FOR RETIREMENT

The market is now at an all-time high, which brings up the question: should I invest or stay out? which is the best stock to invest for retirement?

We are going to discuss the stocks in which you should invest and forget about the investment, as these are good companies with robust businesses with minimal impact when any black swan event happens. Lets find the best stock to invest for retirement.

Now people are running after the multi-bagger stocks, but there is less probability that you will generate exponential income out of those stocks. As retail investors, we do not invest crores of rupees to earn a substantial profit. And only a few companies perform when you invest in stocks with multi-bagger potential for retirement. So instead of gambling and watching the market for weeks and months, just invest in companies with a proven business track record that will protect your hard-earned money over a span of more than 5 years or more. These companies have the potential to grow more than 10% to 15%, which is much better than PF, FD, and other government schemes.

Below are a few companies where you can invest regularly and expect to earn some decent income after a long period of time, say 10 or more years. best stock to invest for retirement.

• Reliance.
• TCS.
• Infosys
• HDFC Bank
• ITC

Above are the traditional stocks that have shown performance, but for best stock to invest for retirement there are potential stocks that can give better performance as they are well-established and have good prospects for the company.

• Tata Consumer
• Syngen International
• Jio Finance
• Dr Lal Path Lab
• Bosch LTD
• GMM Pfaudler

If you are willing to take a risk with the small-cap companies in their initial stages of growth, invest in the below-mentioned companies monthly with a small portion of your investment.

• Restaurant Brands Asia Ltd
• Godrej Agrovet Ltd
• Sigachi Industries Ltd
• Suprajit Engineering Ltd
• Paushak Ltd

Don’ts

• Do not invest all your money in dividend-paying stocks; it will give you negative returns. One or two stocks are okay.
• Do not put all your money in mid-cap and small-cap companies in expectation of multi-bagger returns.
• Do not invest without consulting with your financial advisor if you’re not able to do proper due diligence because there are small things that can make a big mess after your investment. For example, investors are now very keen on Suzlon and Yes Bank for the long term as well as the short term because these companies have structural issues. Five years ago, retail investors were thinking the same about Unitech, JP Associates, and MTNL.
• Do not trade if you’re here part-time, as it takes a lot of effort to trade in the market. IF YOU DO NOT HAVE DISCIPLINE, IT IS REALLY HARD TO MAKE MONEY FROM TRADING.
• Do not trade or invest in penny stocks; you will miss the real wealth-generating opportunity in real investment.

Out of 10 stocks in your portfolio, 2 or 3 will perform superbly, and a few stocks will underperform over a long period of time. So invest your money on a monthly basis with a high weightage in a company that has good earnings on a year-on-year basis. Stay invested and stay away from the quick-rich scheme.

Disclosure: I am not SEBI-registered. The information provided here is for educational purposes only. I will not be responsible for any of your profits or losses with these suggestions. Consult your financial advisor before making any decisions. The above article contains neither advice nor endorsement.

Contact us for your wealth management and more information.

Email: pramod.gamare@hotmail.com

Phone: 7559411986