‘Stock market is tough for easy money’: Zerodha CEO Nithin Kamath shares valuable investment advice

Nithin Kamath, the CEO of India’s largest stockbroker, Zerodha, recently attended YourStory's flagship startup-tech event, TechSparks 2024.

During the event, he shared valuable insights on various topics, from ISRO's vision to startup partnerships. He also welcomed questions from the audience.

One question came from a 16-year-old investor named Tanmay. He said, “My name is Tanmay, and I’m 16 years old. I want to invest in the stock market, but I don’t plan to be a full-time stock market investor. I aspire to be an entrepreneur, but I see the stock market as a way to grow my wealth. Since you started investing at 16, how can I begin investing now and actually generate wealth through the stock market?”

In response, Nithin Kamath chuckled and said, “I don’t think you can generate wealth quickly in the stock market. These kinds of statements are often made during a bull market when it seems easy to make money, but it is actually one of the hardest places to earn money easily. You should continue investing, but remember to keep it separate from your entrepreneurial efforts. When you start investing actively, it can distract you from your business. It may seem easy, but it is important to use your savings as capital for your entrepreneurial journey.”

 

 

 

 

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A post shared by Shradha Sharma (@shradhasharmayss)

The video of this exchange went viral on social media, with one user commenting, “The best advice always comes from the OG Nithin Kamath,” and another adding, “Nitin is giving him great advice.”