I always had no special interest in gambling, the lottery etc. because I believed that hard-earned money is real money. That's why I never put any money in lotteries etc. But there came a time in my life when in those moments I got income that could not earn from any lottery.
This thing is very old, I had set up a medicine manufacturing unit, and we needed a lot of money to run this unit and in those days no bank or organization was accepting loan applications to the manufacturing units. I needed a lot of money to run the unit and for this, I was trying day and night to get a loan from some institution to run the unit.
Though our partners had some of our funds available, we could not deposit that amount in the account of our manufacturing unit due to some legal reasons.
In those days, a private organization ICICI had launched a company to give loans to industries and construction units and had entered the market, I also read their advertisement and thought that we could get a loan from this company for our manufacturing unit.
but the interest rate of this company was very high compared to government banks. Due to the loan interest rates being very high, we could not afford to take loans with them and kept trying to get a loan from a government bank.
But I understood one thing when no bank in the country is giving loans to any industry, this private company will take advantage of these circumstances and earn money very fast. So thinking about the future, I decided to buy 500 shares of this company with some surplus money.
After taking the decision, first of all, I saw the next day's newspaper, in that those days the list of shares of companies and their rates were published. I saw that on that day the share of that company was at the rate of Rs.550 per share (approximately equal to $6 today).
I booked 500 shares, then only the booking system also worked, that is, you have to pay that amount within 28 days. It was necessary to pay only 5% amount at the time of booking and 1% commission, thus I only paid Rs.16500-00 (about $185)and I started watching the rates of shares, the rates of ICICI shares were increasing day by day, within 15 days its rate increased from 550 to 1500, then after 20 days it became 2600, after that I still had 8 days left for the payment, I thought of this 8 days Might as well wait. And then on the 27th day, the rate of that company reached Rs.3100 i.e.
source
almost 6 times more rate, I just thought that it would not be right to wait now. Because too much greed hurts.
That's why I told my agent to sell those shares of mine. Those shares of mine were sold for Rs.15,50,000 and I only had to pay a commission of Rs.15,500 on that in this way I got a profit of Rs.15,34.000 (approx. $17300) without investing any money, and that amount transferred within a month in my bank account.
But after that, I never did share work again because I knew that there are a lot of ups and downs in share work and people who do it either become very rich or go bankrupt very quickly.
With that earned money, I bought a 300-square-foot office for myself at a prime location in the city and its cost is equal to 10 million rupees (about $ 112400) in today's date.
I could not ever have earned this much money from any lottery.
