Money Mantra Ep 3 | How Prakash Gaba started investing at the age of 47
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- Опубликовано: 3 июл 2024
- In the third episode of #MoneyMantra, @StockGro Founder and CEO Ajay Lakhotia interviews trading mentor and veteran investor Prakash Gaba (@PrakashGabaTrader). Sharing anecdotes from his personal financial journey, Mr. Gaba advises youngsters to steer clear of overconfidence and unrealistic expectations while planning to invest and grow their money. He emphasises the importance of investor education, suggesting that stock market lessons should be a part of the academic curriculum. Interestingly, Mr. Gaba reflects back on his own life story to reveal how he ventured into trading only at the age of 47.
Watch the video to know Prakash Gaba’s inspirational story of how his initial investment failures laid the foundation for his success.
Ready to take control of your finances? Visit the India For Financial Literacy website: toi.in/financialliteracy
(Money Mantra is a fun podcast series by TOI and @StockGro under the #IndiaForFinancialLiteracy initiative.)
00:00 - Introduction
01:25 - How should people start their trading journey
02:47 - Unrealistic expectations
04:00 - Financial education should be taught in schools
04:56 - Started trading at 47
06:50 - Importance of booking losses while trading
08:52 - Are we seeing a stock market bubble?
11:13 - Has financial awareness gone up?
12:35 - Bridging the gap between fundamental and technical analysis
14:45 - Price indicators are key
17:00 - Can stock trading be a career?
19:30 - Why stock market education is important
20:19 - Difference between novice and professional
21:20 - Trading is a full-time job
23:18 - Significance of a platform like StockGro
24:20 - Message to youngsters
#IndiaForFinancialLiteracy #BFFMovement #BeFinanciallyFreeMovement #BharatFinancialFreedomMovement #financialfreedom #financialindependence #financialliteracy #retirement #investment #befinanciallyfree #stockgro #ajaylakhotia #sharemarket #stockmarket #prakashgaba
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