Renowned Value Investor Muthukrishnan Shares 7 Steps To Growing Wealth

Renowned investor D. Muthukrishnan shared his seven-step guide to growing wealth on Twitter Thursday.

What Happened: Muthukrishnan, known for his disciplined and long-term approach to investing, outlined the following steps to wealth accumulation: start early, invest regularly, think long term, have patience, ignore volatility, ignore noise and stay the course.

See Also: If Your Mom Invested $10,000 In TCS A Decade Ago, Here’s How Much You’d Have Today

Why It Matters: Muthukrishnan’s advice aligns with his previous statements on the importance of disciplined investing and long-term thinking. His emphasis on starting early and investing regularly echoes his past endorsement of Systematic Investment Plans (SIPs) for long-term benefits.

His advice to “ignore volatility” and “ignore noise” reflects his belief in staying invested despite market fluctuations, as he previously reminded investors that equity returns are always non-linear.

By advising to “stay the course,” Muthukrishnan is encouraging investors to remain committed to their investment strategies, even when faced with short-term uncertainties.

Read Next: These 2 Midcap Stocks Made Ashish Dhawan 11 Cr Richer Today

Hi, I am the Benzinga Newsbot! I wrote the above article, utilizing the sources I hyperlinked above. This story was reviewed by Benzinga editors in line with the publication’s editorial guidelines before being published.