Want to double your money every 2 years with safest investments?
Here is the magic
- Buy companies which are going to be there for next 30 years, make a list
- e.g: Consumer Products: Gillette, Johnson and Johnson
- Banks like Bank of America, Chase, State Bank of India
- Finance Toll agents like Moody's
- Payment Toll agents like Visa, Master, Amex
- Make sure you understand the company, questions to ask
- Do i understand the product of the company, have i tried and loved it?
- Do you use it regularly, how about your family friends?
- Does the company has favorable mind share in its customers?
- What is the competition around those products, quality ?
- Would you prefer the product if they increase the price by 5% tomorrow?
- if answer is YES: that's your stock pick
- Now wait for the right price multiple and the scoop it
- e.g: 2000 crisis, 2008 crisis, 2018 Dec drop, 2020 march pandemic drop
- 10% growth year over year compounded is 17 times the original principal
- Essentially double every two years

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