Get Rich Doing Nothing : Yogesh Chabria

Sometime ago markets were falling and people were talking about selling everything and doom. Now once again markets are rising and the same people who told you to sell everything a few weeks ago are talking about buying. I feel irrespective of where markets are certain principles and concepts remain universal. That is why I have decided to share something from my latest book ‘Invest The Happionaire™ Way’ which will help you understand the importance of long term investing better.

Get Rich Doing Nothing

I’m sure most of you might be wondering if it is really possible to get rich by doing nothing. Some of you might even be thinking that I have surely lost it.

That is what one of my close friends, who was taking my advice, thought. She had received a sizeable amount of money after selling some ancestral property around a year ago, and wanted me to help her out with it. It was the first time she was investing in the stock markets, and like most other people, thought that she would spend hours a day, carrying a laptop, trading in stocks and watching business channels. She wanted to be busy with the stock markets.

Fortunately for her, I didn’t allow her to do any of that. I asked her to pursue a hobby, go on a holiday, meet her family, start a business, perform community service or do anything else to keep herself occupied. The stock markets aren’t a great place to be “busy.” I strongly believe that investments aren’t meant to keep you busy; they are meant to make you rich.

(The author is an investor and bestselling author. You can read about him getting rich doing nothing and much more in his latest book Invest The Happionaire™ Way which is available at major bookstores across the country. You can find out more by visiting www.happionaire.com. You can write to him at yogesh.chabria@moneycontrol.com)

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