MT27 | How I Built Wealth Despite a Late Start | Prasenjit Dasgupta
08/26/22 • 40 min
Can you live a happy, financially secure life, even if you start investing only in your 30s? Or if you start so late, do you need to boost your returns with day trading derivatives or crypto? Not really. Today we talk with Prasenjit Dasgupta, who shares with us how he's built wealth despite just starting in his 30s
Our Guest Today
Prasenjit Dasgupta is a graduate of IIM Calcutta and the Chief Financial Officer of Digital.ai. He started investing in his 30s and built up wealth through a combination of stock options and traditional investing routes
Discussion points
- Starting his journey with Fixed Deposits
- Buying residential and investment property
- Maxing out his retirement account
- Purchasing company stock
- Nearly losing everything on options trading
- Investing in goals vs chasing a 'number'
- Lessons from his financial journey
Links
- Follow the show on Apple or Spotify
- View the transcript
Your Host
In a career spanning 20+ years, Amit Ray has been a corporate leader, entrepreneur and angel investor who has achieved a level of financial independence. In this show he discusses the practical aspects of personal finance based on his own learnings and insights from the experts and fellow financial enthusiasts he’s met along the way.
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This podcast is powered by CrazyTok: We help experts become influencers.
Can you live a happy, financially secure life, even if you start investing only in your 30s? Or if you start so late, do you need to boost your returns with day trading derivatives or crypto? Not really. Today we talk with Prasenjit Dasgupta, who shares with us how he's built wealth despite just starting in his 30s
Our Guest Today
Prasenjit Dasgupta is a graduate of IIM Calcutta and the Chief Financial Officer of Digital.ai. He started investing in his 30s and built up wealth through a combination of stock options and traditional investing routes
Discussion points
- Starting his journey with Fixed Deposits
- Buying residential and investment property
- Maxing out his retirement account
- Purchasing company stock
- Nearly losing everything on options trading
- Investing in goals vs chasing a 'number'
- Lessons from his financial journey
Links
- Follow the show on Apple or Spotify
- View the transcript
Your Host
In a career spanning 20+ years, Amit Ray has been a corporate leader, entrepreneur and angel investor who has achieved a level of financial independence. In this show he discusses the practical aspects of personal finance based on his own learnings and insights from the experts and fellow financial enthusiasts he’s met along the way.
—
This podcast is powered by CrazyTok: We help experts become influencers.
Previous Episode
Hena Mehta on How Money Works Differently For Women
We talk about the importance of saving and investing, and just overall managing your finances well. But what if your specific needs aren't easily addressed with the one-size-fits-all kinds of products that you have in the market today? Women, in particular, face very specific issues around expenses, credit and disproportionate impacts of difficult situations
About Our Guest
Hena Mehta is the CEO and Co-Founder of Basis, India’s financial services destination for women. Launched in 2019, Basis helps women make financially well-informed and independent decisions by offering financial education, safe spaces to discuss money and curated financial recommendations and products that work for women
Discussion Points
- How women’s financial journey is different from men
- Why women are more reticent about investing and personal finance
- Barriers to accessing credit
- How women’s financial concerns significantly vary from men’s
- How men might benefit by acquiring some feminine investing traits
Links
- Follow the show on Apple or Spotify
- View the transcript
Your Host
In a career spanning 20+ years, Amit Ray has been a corporate leader, entrepreneur and angel investor who has achieved a level of financial independence. In this show he discusses the practical aspects of personal finance based on his own learnings and insights from the experts and fellow financial enthusiasts he’s met along the way.
—
This podcast is powered by CrazyTok: We help experts become influencers.
Next Episode
MT28 | How to Invest in Startups When You’re Not Yet a Millionaire | Angel Investing
Are you fascinated by the world of startups, and really dying to capture some of that unicorn magic for your own portfolio? But that's hard if you’re not a millionaire because no credible founder is going to take a few thousand rupees or a few hundred dollars. So is there a way to directly invest in a startup when you don't have a lot of money?
Discussion Points
- How angel investing works
- How it differs from crowdfunding
- How to find good startups to fund
- Legalities of small-ticket angel investing
- Realistic ROI and time to cash out
- Risks and pitfalls of angel investing
Links
- Follow the show on Apple or Spotify
- View the transcript
Your Host
In a career spanning 20+ years, Amit Ray has been a corporate leader, entrepreneur and angel investor who has achieved a level of financial independence. In this show he discusses the practical aspects of personal finance based on his own learnings and insights from the experts and fellow financial enthusiasts he’s met along the way.
—
This podcast is powered by CrazyTok: We help experts become influencers.
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