By Sophia Alvarez
Staff Writer &
Jane Bush
Staff Writer
Junior Arjun Kundan, the vice president of the Business and Entrepreneurship Club, regularly purchases and sells stocks, earning thousands of dollars with the help of his father.
“Investing in stocks can be a great way to grow your money over time,” Kundan said. “But It’s important to remember that it’s not a guaranteed way to make money, and there is a real risk of losing your investment.”
Arjun first became invested in stocks when he joined the Business and Entrepreneurship Club at Costa. Though he doesn’t run the club, nor did he start it, he is the club’s vice president. According to Kundan, this club helped him learn about investing and become interested in doing so. As a member of the club, he was able to learn the ins and outs of purchasing, selling and trading stocks.
“Just like gambling, you should only invest money that you can afford to lose, and you should develop an investment strategy and set goals accordingly,” Kundan said. “It is also critical to diversify your investments and conduct thorough research before investing in any stock.”
Although Kundan’s father didn’t know much about investing and purchasing stocks, he was able to inspire him to get involved. Arjun and his father were able to work together to learn more about investing and the stock market. Kundan was inspired by his father because he taught him how to learn from his mistakes and change them in the future.
“My father inspired me to do this because he didn’t know much about investing,” Kundan said. “It was a good way for us to get started together and learn from each other’s mistakes.”
Some challenges that Kundan came across while learning to invest in the stock market were taking risks and applying various strategies. Kundan took many risks in purchasing stocks that could possibly lose him money in the future, but his passion for investing helped him take risks and overcame mistakes.
“Some of the challenges I went through while purchasing and trading stocks didn’t pay off,” Kundan said. “But I didn’t let those small failures hurt me and my progress, so I continued to make smarter and harder decisions to benefit me.”
In the future, Kundan aims to continue investing in trades and earning enough money so that he can fully pay his college tuition on his own. Although this is a big goal for Kundan, he feels as though he understands stocks very well now. In college, Kundan is determined to become a doctor and is eager to learn more about stocks in the future.
“Finally, I like to keep in mind that stock market investing is a long-term strategy,” Kundan said. “It is important to try not to time the market because it can make everything more difficult and frustrating.”
Leave a Reply