Vineel Bhat, a high school in Seattle in the United States, has amazed many with his expertise in stock marketing.
The 16-year-old Vineel is an expert in stock marketing so much that he researched and learned more and now offers a 10-week course on investing, Invessential.
Vineel said that he was influenced by finance, and he had been investing since a young age as a way to compound wealth and neglect financial struggles.
As he has seen his immigrant father grapple with initial loss in investments and slowly improving and upgrading skills in the trade market, Vineel made sure he did not repeat the same mistakes. He had sent a mail to the American magnate, investor and philanthropist Warrant Buffet seeking advice at the age of 8. In turn, he received a reply encouraging him to study, read and form good habits.
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“Throughout my childhood, I had read articles and watched out videos online to build upon my investment knowledge, obtaining new strategies and risks of the stock market,” Vineel said.
At the age of 11, Vineel first invested in Bank of America. The company was yet to recover substantially from the financial crisis of 2008, and it had substantiated strong fundamentals that attracted him to the stock, he noted. It has compounded at around 21% annually, representing a 3X gain since then on his investment, excluding dividends.
About the course, Vineel said that anyone could opt for it, including adults, college students and teenagers. “Investing proves important, and it’s never too late to start irrespective of age,” he elucidated. “The charges of the course are $99. However, it can be purchased for $79 if bought before June 28 this year, when course contents become available. Vineel donates 20% of his profits to non-profit organisations supporting Covid relief and wildlife efforts.
Vineel started his first live course in 2019 at a local library but shifted to online classes last year due to the Covid-19 pandemic and reached a wider audience beyond his home town.
He further said that Invessential is an online course with video lessons and does not offer live sessions available across the world.
An interactive facet, live progress bars and an exclusive community where students can talk about current affairs and ask course-related questions are included with the course. The course structure will remain the same; video lessons, action items will be updated over the years to reflect new information and new bonus content probably be added based on student recommendations.