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stocks to buy for long term
#1
What are the stocks to buy for long term ?
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#2
Investing in stocks is fairly a good option to grow your wealth. It is necessary to have a proper strategy to make gains from the investments. Long term investing is the most advisable way to achieve good returns over a period of time. Long term investing refers to holding the investments made in assets for quite a long period. Be it stocks or mutual funds. Long term investing has many advantages. The first thing is that since investments are made for long periods, chances of better returns are high. Allowing substantial time for Stocks is important to get the best possible results. The power of compounding is maximized over long periods. Longer duration allows investments to grow exponentially reaping benefits for investors. The next big thing is the reduction of risk. There is protection against volatility of the market. In short term, prices of stocks may fluctuate and one wrong decision can erode your wealth. Apart from all these, long term investing helps you learn a lot about the stock market. Your mistakes teach you many great lessons making you a smarter investor. There are some very good stocks in which you can invest for a long time. Tech Mahindra, RBL Bank, Aditya Birla Capital, Mahindra and Mahindra, Gail India, Hindustan Zinc, Ipca labs and HDFC. You can check for the detailed information regarding these stocks on IIFL Securities platforms. They provide trading tips like information on the name of the scrip, the entry point at which the trade should be entered into. They also give an idea about the target price at which the trade should be squared off to derive profit out of the trade. Reports are published for investments in different time horizons.
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