Shaadi.com founder Anupam Mittal has shared investment tips for young investors, who are in their 20s and 30s, stressing that the power of compounding, what he calls “magical”, can help build a Rs 100 crore empire over time.
In an interview with Pinkvilla, Mittal shared the investing tips for beginners. “If you are in your 20s or early 30s, what people don’t understand is that the trick to making real wealth is compounding. The human brain doesn’t understand compounding very well, and therefore we look for quick-rich schemes, which is a disaster,” he said.
When asked which sector beginners should invest in, he replied that it “depends”.
He further revealed how consistent investing and compounding can help build significant wealth over the years. “If you compound and invest in the Indian stock market continuously over 20 years through SIPs, you can turn Rs 100 crores or $10–20 million, you can become a billionaire in your lifetime without picking individual stocks, not doing exotic investing, but simply buying the Indian index over the next 30 years,” he went on to say, before calling compounding “magical”.
Mittal’s views on gold and silver
On investing in gold and silver, Mittal shared a personal story. Initially, he believed gold wouldn’t yield significant returns and even told his father-in-law the same when he suggested Mittal’s wife invest in it.
“I had told them back then that gold won’t give much return, there’s no compounding, but it went 3-4x, so how can I say don’t invest in gold,” he added. The 53-year-old underscored that “gold is always a good idea”.
He further said, “What our ancestors used to say to buy gold, to buy a house-there’s a lot of wisdom in that,” and suggested buying a home when one has money.
He also recommended purchasing a home when financially feasible, criticising the trend of renting and investing the savings elsewhere. “Once you have a roof over your head, you can take on more risk,” he said.
Build dhandha mindset to create killer business
Earlier, in a LinkedIn post, Mittal also shared that one should create a business mindset before building a “killer business”. “If you want to ‘dhandha’, you first need to ‘build a dhanda mindset’.” He also shared his own entrepreneurial experiences and experiments.
“At 13, I thought renting books would make me rich. At 16, I tried to build a sports club. In college, ten other hustles,” he recalled, before adding, “Most failed. All taught me one thing – selling. Books. Donations. My project. Myself for a job. Every one of those moments shaped my survival skills — persuasion, negotiation, influence.”
He even gave a piece of advice to founders and professionals – “start selling early”.
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