Indian Stock Gurus
A successful Stock market investment for any ordinary person is a billion dollar puzzle. Many investors are misguided by wrong advice in the myth of quick perks in stocks. In simple words, stocks are not ‘Quick Rich’ formula. But it is a systematic method of creating wealth in the long run. We strongly advocate stock investment is a long term wealth creating exercise. But to do that, one should spend lot of time, readings, and understanding of the underlying business of the stock. Most of the retail investors don’t have the time and skill to do this dedicated research. Also risk appetite of investors differs based on age and earning capacity
Instead of following tips and recommendations, better follow successful investors in the market called “GURU”. Our mobile app as well as portal (for institutional investors and media), will guide them in following ‘Guru’ investors in Indian equity market. Through this portal / app, we are not recommending stocks but just showing the directions of Guru’s investment and help investors to follow it
How this will work?
We get basic details from the investors like their age, yearly income, etc and rate their risk appetite like aggressive, conservative or averse. Based on their risk rating, we will suggest ‘Gurus’ whom the investor can follow. On daily basis, we give alerts about the transactions – both buy and sell to the investor through our mobile app. This will enable the users to take a call on their investment. Apart from this, we give portfolio analysis of each guru and also their return vs market return
How big is this business?
There are 28,219,688 registered DEMAT accounts in India (Source – www.bseindia.com). Even if we target 20% of it, we can get 7 million users. Even if we charge one dollar each per month, it can be $7 million per month but to be conservative, let us take $ 1 million per month – that will make $12 million per year. This will take at least 2 to 3 years to achieve
What makes this app so unique
- No other mobile application do this task. It is simple and easy to follow for a common man who doesn’t know what is stocks and how to invest. All they know is stocks can make them rich. This application will just guide without any great efforts into it. This application will make user rich but in the long run of time. So we are confident that user won’t mind paying $1 a year for the next 5 to 10 years time frame. This can easy make 10 million downloads but over a period of 2 to 3 years time. At the end of third year, with enough funds for marketing and brand building, this app can make $10 million dollar business
Why we need your support
- Preparing RoR script for Data Crawling from open source & for total data collection
- App development – to be outsourced – if any investor can take this task we will be happy to do it!
- Uploading in Google Play & online marketing