Stock Market 101, with Prerna Khemlani

In today’s Stock Market 101 session, we’re going back to investment basics. For this exercise, I speak to qualified Chartered Accountant and founder of This Girl Invests, Prerna Khemlani — a passionate advocate for educating and encouraging women to get financially confident. Despite working in the financial industry, Prerna still found the information around personal finance difficult to understand and apply to her life. It was because of this frustration that she decided to launch her Instagram account, This Girl Invests, which now serves as a community for women to learn more and take control of their financial futures. Today on The Wallet: 1/ We’re taking a step back and learning about the foundations of the stock market and investing. Prerna walks us through the basics, including: what exactly is the stock market, and how does it work? What is a stock? What’s the difference between stocks and funds? 2/ There is always some risk involved with investing, so we discuss how to evaluate said risk and how to know what is comfortable for you, as well as the returns you can expect to see from your investments. 3/ It can be hard to know where to start with investing, and Prerna offers valuable tips on how you can research companies to get a feel for the market as well as how to build your confidence to get some skin in the game. You can follow and connect with Prerna at: -Website: www.thisgirlinvests.co.uk -Instagram @thisgirlinvestsWe shared some resources in this episode. The links are below: -Trading 212: www.trading212.com-Moneybox: www.moneyboxapp.com I’m Emilie Bellet, the founder of Vestpod - a thriving community that financially empowers women, author of You’re Not Broke, You’re Pre-Rich and host of The Wallet! You can learn more about Vestpod, join our events and subscribe to our newsletter at www.vestpod.com and on Instagram @vestpod. Join our private Facebook group: @vestpod.  We want to open up a direct conversation with you on the podcast. You can submit a proud money moment, a question or a comment on a previous episode. You just need headphones and mic at the ready and follow this link (https://telb.ee/abrzt) or email me the recording at [email protected].* Please note that we are not certified, financial advisers! The articles and information made available on Vestpod and this podcast are provided for information and educational purposes only and do not constitute financial advice.* Hosted on Acast. See acast.com/privacy for more information.