Everybody who wishes to invest in the stock market is looking for maximum returns. Of course, the stock market is an ideal place for financial wizards who want to maximize their invested money in the best way possible. However, the stock market is full of uncertainty. It takes an expert to predict whether the investments they are making will give them the required returns. Thankfully, there are certain tried and tested concepts that can help you navigate through these tricky waters.

If you are looking for maximum returns on investment tips, you’ve come to the right place:

1. Look for ten baggers
Peter Lynch, the investment mastermind at Fidelity Investments, has some simple advice for all. He says that you should look for “ten baggers”. These investments are basically stocks that have the potential of increasing by nearly tenfold in their value. His popular portfolio had a small yet significant number of these stocks. However, he says that it requires patience to hold on to these stocks, even after they’ve gone up in value by a significant amount. He further explained that he held on when he noticed further potential with these kinds of stocks. The essential tip: Stop going by arbitrary lessons, and instead analyze a stock for its potential, merit, and worth individually.

2. Give away the stocks that don’t work for you
Most people in the stock market hold on to stocks that are not valuable just because they do not want to be failures. Even so, when you are looking for maximum returns on investment, you should know that acknowledging these plummeting stocks is necessary to help you cut losses and protect your portfolio. There is never a guarantee that a stock will rebound after a significant decline. It is crucial to be realistic about investments that don’t perform well. The essential take away: Recognize a company based on its performance in the past. You need to ensure that the price you are paying for holding onto a stock is in tandem with its future potential.

3. Do your own research and don’t go after a seemingly lucrative offer
Even if your source is the most reliable, you should never take a stock tip at face value. Firstly, analyze the company. Then, invest the money you have earned. While tips may prove to be beneficial; however, sometimes, if you are looking for maximum returns on investment, deep-dive research and self-analysis is truly your best friend. The essential take away: Trust your own or reputed financial advisors’ research analysis the most.

4. Track futures

Lastly, when you are looking for long-term success, ensure that you let the small stuff go. Always track the future trajectory of an investment rather than overanalyzing its short term gains or losses. This will essentially help you make the most of the money you put in the market and get the best returns.