If you take a deep interest in finance, banking, and investment-related activities, you may already be familiar with India’s Financial Guru, Akshat Shrivastava. On his LinkedIn account, he has mentioned himself as an Entrepreneur, teacher, minimalist, and Social media influencer.
Having born on 6th April, 1980, Akshat Shrivastava’s age is 42 years as of 2022. Besides, he has served as a Senior consultant and strategic planner for a list of Public and Private Multinational firms. Given his impeccable knowledge in the same domain, his net worth has touched new highs over the past few years.
Akshat’s Tips and Advice are meant for Retail Investors
Most of Akshat Shrivastava’s course programs and tips are aimed towards helping all the Retail investors in the global financial market. As per Akshat Shrivastava, most retail investors are novices and depend on expert guidance from financial specialists.
He further quotes that most of them lack the necessary experience and knowledge to invest. So, they must research and investigate deeply before putting their first step forward. Here, we have compiled a list of a few essential investment tips by Akshat Shrivastava for Retail Investors.
Tip 1: Have a Financial Objective
Akshat Shrivastava says that every Retail Investor must first have a financial goal or objective in their mind. Then, they can efficiently plan up their investment portfolio with a financial goal in mind.
Tip 2: Start with a Small Amount
Akshat further urges every retail investor to start with a small investment initially. According to him, this will give the person a brief idea of the market’s risk factors and other aspects.
Tip 3: Diversify your portfolio
As per one of Akshat Shrivastava’s Twitter posts, one should never put all their investment in one place. He quotes the example of his portfolio and urges every investor to follow the famous saying- Never keep all your eggs in one basket!
As mentioned in Akshat Shrivastava’s Linkedin profile, diversification of investments can help an investor minimize risks.
Tip 3: Don’t get caught up in the herd mentality
Shrivastava says that following the herd mentality is a temptation that every Retail investor must stay wary of. Every investment is subject to market risk, and one must not get carried away by emotions and sentiments here.
Akshat’s Videos have helped millions of Indians.
Akshat launched his Youtube channel with the core motive of helping people with his handy investment tips. Over the past few years, he has assisted millions of Indians in achieving their desired financial goals.
Currently, Akshat Shrivastava’s age is 42 years. And at such a young age, he has successfully become a money idol for most of the Indian investors. From the start of his career as a financial consultant, he carries the main motive to make every Indian financially aware and informed. He further adds that every investor must acquire the proper knowledge about their target investments and the required strategy.
Akshat aims to share all of his acquired knowledge about the market with millions of investors. As a result, his Youtube channel got more than 914k subscribers. Here, one can quickly grasp the required knowledge and tips before making up their mind regarding investment.
Shrivastava follows a simple strategy while making his Youtube videos – post content that even his one-year-old son Zayn would be proud to watch as a grown-up. For example, in one of his recent videos, Akshat talks about a monopoly tech stock that could easily double.
Akshat Shrivastava hates Fixed Deposits.
Our parents or grandparents may not like this statement by Akshat Shrivastava, but India’s financial Guru hates Fixed deposits. As per him, investing more and more in Fixed Deposits may eventually hurt your financial health.
His net worth truly speaks volumes about the immense success of all of his strategies and tactics in the same regard. Akshat further talks about his portfolio and adds that any random Fixed deposit scheme offers a maximum return of 6-7% per annum. This way, if a person invests Rs. 10,000 in a fixed deposit, he will receive Rs. 10,600-10,700 after one year.
As quoted in one of his Twitter posts, if you take the current inflation rate ( 7-8%) into consideration, this return would make things square for an average retail investor. In fact, he would be more inclined towards making a loss than any kind of profit from Fixed Deposits.
Hence, he suggests every individual to create a futuristic financial strategy before putting their money into play.
India Needs More people like Akshat Shrivastava in Personal Finance space
The country needs more experts like Akshat Shrivastava in the personal finance space. In the current digitally-driven era, everyone likes to know how and where to invest their money effectively with more disposable income in hand.
As a result, financial advisers or investment advisors like Akshat Shrivastava are in high demand right now. That said, the role of these advisors is multidimensional. They must understand how to analyze various financial products, their suitability, and how the suggestion of the same might affect investment risks, returns, and strategies in a personal finance environment for current and potential investors.
Akshat Shrivastava indicates that despite recent technological developments in our financial world, the importance and significance of financial advice services have not diminished. On the contrary, their demand will only grow as they assist investors in protecting their assets while managing the myriad of options and information overload that comes with the digital era.
Top 3 Courses by Akshat Shrivastava that you can purchase
Akshat Shrivastava has further recommended a few of his course programs to enhance one’s Finance, Public Speaking, and Effective Writing skills. Here, he recommends a few of the foundations learning programs via his website https://casesovercoffee.com/flp/ in the same context:
FLP on Personal Finance
You will learn about:
- Getting started with stock markets.
- Where and how to invest
- Taking a sneak-peek into major finance concepts for investing.
- Detailed insights into investments like Bitcoins, Non-Fungible Tokens, etc.
- Strategizing an investment plan.
FLP on Entrepreneurship
You will learn about:
- How to be a Successful Entrepreneur
- Analyzing Entrepreneurship as a potential career option.
- Evaluating business ideas.
- Creating a minimum viable product
FLP on Studying Overseas
You will learn about:
- Which degree course is best for you?
- The best destination for your overseas education aspirations
- What are the best courses?
- evaluating your profile
- Getting started
You can pick the desired course from the list or visit the website to check other available foundation learning programs.
How to access Akshat Shrivastava’s smallcase?
Smallcase is a stock basket provided by smallcase.com. To access Akshat Shrivastava’s smallcase, you first need to register yourself with the same platform. Afterwards, you can search for his name from the available list of financial advisors. While you may not get a detailed insight about Akshat Shrivastava’s smallcase, you will get a rough idea regarding his favourite stocks and investment portfolios.
As you get your hands on Akshat Shrivastava’s smallcase, you must still apply your strategies and tactics before investing in any fund or stock.
Other Facts about Akshat Shrivastava that you should know
- Akshat Shrivastava currently manages his Youtube channel and three other businesses and investments in the stock and cryptocurrency markets.
- You can access his course and paid foundation learning programs on the stock market and cryptocurrency on his official website.
- He enjoys mentoring or guiding the youth of our country via his course programs and has assisted over 500 MBA applicants in getting into the top 20 business schools in the world.
- He served as a policymaker strategist for an Indian Union Cabinet Minister.
- His net worth is over 25 crores, and he makes the majority of his money as a financial consultant.