Earning 1 CRORE At The Age of 18 | The 1% Club Show | Ep. 17

100K is not enough yeah not a like not enough 1. 15 last past 8 months may I earned about 50 lakhs on a portfolio of 1 so that's a 55% return in the last 8 months itself so I'm a crypto Trader web 3. 0 and a blockchain Enthusiast the problem with my generation is and at the last point so it felt like let's money [Music] only hey guys welcome back to another episode of the one person Club show where we explore the financial journey of some of the most successful people in the country on today's episode we're doing something special we're calling teenagers who have apparently become kis so let's start off with you aru let's understand what are you currently doing basically I'm starting at Master's Union first year it's uh my same got over and if you ask me what I'm currently doing in finance uh I'm trying to figure out uh how can I get into a hedge fun or a quantitative fun and I'm preparing for my CFA I'm trying to gain knowledge right now let's talk a little bit about your investment Journey because you said you are learning about finance and what I've heard is that you see L converted I don't know 1 and a half lakhs into 1.

4 crores or something is that not not 1. 4 lakhs it was a bigger amount how much was it uh it was almost around 90 lakhs and I took it to 1. 7 90 lakhs you made it 1.

7 yeah 1. 7 almost 1. 8 2x over what time period over one year over one year in one year you doubled from 90 lakhs to 1.

8 so walk us through this what how did you do it okay so basically yeah the 90 laks wasn't mine I asked my dad to give it to me oh bro yeah definitely how old are you uh I'm currently 20 I as to manage it so what I did I allocated the [Music] funds so that I get a short returns uh some of them I invested heavily in the index fund which I made personally using the weighted average and researching about the nift 50 and I used something called as derivatives but right now you're working with the capital of one and two crores yes right it's it's bigger now it's bigger now how much is it now can't see so now tell me like how did you become this Finance nerd Finance nerd so I was in ninth class and covid strike so lockdown I had nothing to do uh I read an article I was searching the highest paying jobs in the world okay yeah and there was this article by Howard business uh School data science is the most sexiest job of 21st century okay so I thought python I know python very well I can do data analysis data science I can learn I can run machine learning algorithms also on it I'm currently building more on that so all of this is self learned yeah self learn Udi uh YouTube YouTube is a great source you can find anything I think so the people the problem with my generation is studed python by yourself through and YouTube and then what 00,000 do want to buy a McLaren and they want a big house and they want in monac they want to see this is this is not good at the starting of my ninth class uh I lost my my mom to cancer okay sorry to hear that so I was like and the thing was we had money as but it all trained in Mom's operation and at the last point so it felt like let's earn money only now I couldn't save my mom but if I can become rich and I have money and I can provide all these things to the society back so so that's a thinking behind it so that was like your driving motivation because you mentioned that people in our generation do not have that intrinsic motivation yeah maybe this sort of as your Catalyst yeah and I got to know this very late interesting motivation these things PS5 all these things watches shoes Jordans these don't work for long these are not like a good source of motivation I think so they die but I think so this is one of the strongest reason I still have and I that still keeps me awake at night for sure coming back to the story dat science I learn cing languages like 100k is not enough 100 is like 0s a year like not enough to be the billionaire yeah big shot people call Wolf of the Wall Street devil of the Dal Street devil of the how to make money B on YouTube rickyz 21 years old goes into his room clicks some buttons on his computer room locked gets into his McLaren go to and Starbucks Starbucks and then goes to real estate shopping and buys three properties on the same day and comes back home and sleep like this one really would have made so what is he doing what are these things on his computer so my dad said that was trading uh yeah that was trading he was an intraday Trader was D there everything is lock he will study I'll get on his shoulder and I'll learn with him Technic because I love coding still so my dad started studying a lot we used to see all the videos on YouTube and all the courses we bought stock market what is a stock we came from what is a stock to how to hedge your position how to make even money so we used to make notes together and then we used to go to sleep there was this great resource if anybody wants to check it out called as vity by Z yeah my paper Trad and we lost a lot of money at the start starting we invested 10s more and more and more starting we lost a lot of money so how much would you have lost in the first three years around 50 yeah around 50 yeah around 50 savings thing but we lost a lot of money after like your learning process yeah my dad says ke the only way to learn in stock market is giving out money you have to lose money in the stock market otherwise your psychology won't set in the market consider it as if you want to become a Trad in stock market then consider 50 LS as your college fees very expensive it's expensive but when you start earning you earn a lot and you never see back all right so moving to the next Prodigy over here swam what do you think look at all his aspirations he wants $250 million house what what do you think about that you know I agree to a lot of things but I disagree to some factors okay I like it it's interesting I don't think is to buy big houses McLaren or having a Starbucks coffee I think that's too overrated how old are you I'm 18 okay so uh let's start with my own Journey so I'm a crypto Trader uh web 3. 0 and a block I I can't do anything and my uncle is already into this crypto trading so and I started crypto trading I started and 1. 15 1.