Many people suggest investing in good stocks, monitoring them carefully and holding them for many years. This is very useless advice. Actually this advice is not rhetoric. Honestly, it's like an old Wall Street joke.

A young man asks an experienced market person, 'How can I make money in the stock market? The understood person replied, why, it is very easy. Just buy cheap and sell expensive. The young man asked, yes, but how do I do this? Got the answer on this, it is very difficult. It takes life to learn it. 'Everyone - every single investor - buys only good stocks. No man takes a bad stock by his understanding. When anyone invests in stocks, he confidently says that it is a good investment. Yes, the measure of 'good' is different for different investors. So if you are going to invest long term to get real wealth, how do you find out the 'good' one? It can be said that it takes life to learn it, but it is not. This is not true.

Its basic principle is quite simple to understand. And I think it's something like this. From my understanding, good equity investments always lead to growth. Why so? Because that's the only way to know the future. Remember, equity markets (in fact all markets) do not care about the past and the present. What matters here is only the future. There are many other things also which should be taken care of. That is, it should be seen that the growth should be in profit, there should be growth in revenue, better margins and higher return on capital is also being given. There should be growth on all these parameters. It's not just that, but it's definitely a start. A good stock holds a lot. These are an important starting point because these points make clear the difference between a tactical and a strategic approach to investing.

Many investors keep looking for tricks that some news, or some event or some secret or anything else happens that will make a big difference tomorrow, next week or next month. Sometimes these tactical moves also work, but often they are of no use.

What's important is that if you don't keep growth and clean financial management in mind, you won't have any other escape route in difficult times. When a tactical or tactical trick fails, it is a complete failure. But, if you follow the mantra of profit and growth, a tactical defeat can turn into a strategic victory. Because in such a situation, even if you have bought stocks for the wrong reasons, it is more likely that they will prove to be good investments. A good investment requires a lot of testing, such as business, management, and the value of stocks. Apart from this, many other things are included.