Do things that you are told not to do!

Now does it make sense to run behind power IPOs today or run after Jindal Steel and Power at these levels? I would go after new investments which have been ignored by the masses, because once again there is a possibility of extra ordinary returns.

Today a stock like Infosys can not make you several crores, if you were to invest only a couple of lakhs. Two decades ago it would have.

Yesterday I was looking at the balance sheet of a company that can easily reward investors 500%-600% in the coming 2-3 years simply based on fundamentals. Still almost no Mutual Fund, Hedge Fund or Private Investors have noticed it. In fact most of them have discarded it, because they find it more exciting to run behind what is considered 'hot'.

Anyone who is investing below Rs. 15 - 20 crore can easily benefit from such opportunities. I do understand that for a Mutual Fund having Rs. 20,000 crore it becomes extremely hard to give the type of returns I am talking about.

If the entire company is worth only Rs. 200 crore, how on earth will they invest anything that makes a sizeable difference?

At this moment stay away from the Sensex - only look at hidden gems. There still are a few. Life always gives us opportunities; it is up to us to make the most of them. Over the years I have seen the financial state of people change simply because they made the right investment decisions.

Financial Technologies, Pantaloons, Bharti (Airtel), Sesa Goa and so many others are all examples of companies that have created immense wealth for investors at one point or the other. Some of them have multiplied investor wealth by over 50 times. If we go back in time, I can guarantee you that people who bought them right in the beginning must surely would have been discouraged and de-motivated by everybody around them.

The next time someone de-motivates you about doing something and tells you not to do something. Think once again. It might just be the thing that will change your life forever!

- Yogesh Chabria

The author dreams of making each and every Indian financially literate the Happionaire™ Way. His latest bestselling book, Happionaire's Cash The Crash helps investors make the most of now, while sharing little known insider secrets. You can get in touch with him at yogesh.chabria@moneycontrol.com

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