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Three UAE students more than tripled their savings on the stock market within a year Here s how…
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Dubai: If you have been on the fence about investing your money in stock markets, here’s how a 17-year-old stock trader in Dubai managed to make a profit of $31,000 (Dh113,832) since he started trading in June last year, after having invested his savings, alongside investments from his family’s businesses.
Mohammed Salahuddin, who built up the confidence to trade by himself in June last year, amassed Dh100,000-plus in savings since then, after having personally invested $3,000 (Dh11,019) of his savings in the initial months.
This was gradually followed by over $60,000 (Dh220,381) in the form of two separate investments from his family’s businesses, after he proved he was able to manage money, trade effectively and bring in significant returns with the amount of capital he had.
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