The idea rolls back to the USA before the banking system was established when people used to put their valuable things in a Coffee Can and would not touch it for a long time.
So, it’s a BUY and FORGET style of investing.
The rationale behind this methodology is to invest for a long run (10 years or more) in a sound business.
Here how you can create your own Coffee Can:
• Select the stocks that enjoy dominance, competitive
advantage, excellent track record and run by
competent management
• Build a concentrated and diversified portfolio of
approx. 20 stocks
• Have long term view
So, will you be practicing Coffee Can Investing?
And if you want to know in detail about this strategy you could subscribe to our BSE certified course on Quest!
▣ SSY was created to provide girl child 👨👩👧👧 with a
sound financial future. It’s a part of "Beti Bachao,
Beti Padhao Yojana". It comes with an interest rate
of 7.6% and tax benefits under 80C of Income-tax
Act, 1961.
▣ The account can be opened by the parent or legal guardian in the name of a girl child from the birth till she is 10 and max 2 accounts can be opened.
❌If more than two daughters the 3rd account can not be opened.
⚠️ It’s Gambling
⚠️ Require Strong Knowledge
⚠️ Require large capital to invest
⚠️ Can time the market
⚠️ All stocks eventually fall in value
⚠️ High risks = high profits
⚠️ Experts/Advisory Required
While gambling is all about game of luck/chance, investing is driven by multiple factors as economic landscape, company performance, your stock purchase & sale timing etc & these factors can be studied & predicted to make pftble investments.
▣ Require Strong Knowledge 👨🎓
Investing requires an understanding of the market & identifying the right shares. But, this process of learning is continuous & develops over time.
Share market favors preparation & is, therefore, open to anyone with a keen interest in the market