Is Buying BlueChip Stocks For LongTerm Worth It?
While A lot Of People (with little to no knowledge of how stock markets work) Will Advise You To Buy A Good NIFTY
50 stock and forget about it. Because it is a "safe stock"
But let me give you some new information.
No stock is a safe stock.
Not HDFC Bank, not reliance. Everyone who is buying stocks, needs to be aware of the 50/80 rule
While most consider NIFTY 50 stocks to be "safe Here's a bit of information to digest. Since 1995 (inception of NIFTY 50) only 1o stocks remain in the index, 40 "safe stocks" either got delisted or became wealth destroyers
Reliance gave zero returns in 2007-2017
Hindustan unilever gave zero returns 2000-2008
Coco cola -998-2010 zero returns
Microsoft 2000-2014 zero returns
L'Oréal 2000-2011 zero returns
And there are bunch of more bluechips, I could give Stocks like Reliance communication, Suzlon,
Yes Bank and more were all "safe stocks" that destroyed more than 90% wealth of their shareholders