A birthday special that's a life lesson | CA Rachana Ranade

"i started my investing journey back in 2006 and back in time i used to take pride in telling that i bought two thousand quantity of this stock i bought three thousand quantity of that stock because you know the price of all these stocks were like two rupees three rupees and all that but you know two years into my investing journey and you know what happened 2008. at that time markets crashed by more than 60 percent and my portfolio crashed by almost 90 percent i had to do a swatch of portfolio abhiyan and that is when i learned that i should give more importance to quality rather than quantity"

"you have to meticulously follow the three c's to succeed in your investing journey the very first c is confidence well confidence comes with a lot of research so in simple words if you have done a lot of research for your stocks then automatically you will have the confidence to go ahead and buy the stock in right quantities the second one is courage i'm sure everyone is in dire need of courage right now because when markets go down that is where you start losing the confidence to hold on to the stocks but if you have done the right research then you will have the courage to hold on to your winners and the third c is consistency so if you are very much systematic in your approach if you have the approach of buying on dips in fundamentally strong stocks then you will be there and you will succeed in your investing journey"

"it is very important to get outside your comfort zone you know bollywood has unlike any other girl even i started my investing journey with fds and gold so for me to explore this world of stock markets was a big challenge"

"i've always believed in the word and rather than or so when i was doing my ca at that time also i was pursuing my passion for music so you know it used to happen many times that when i used to be with my ca friends my friends used to introduce me like you know she's a sangeet vishal and when i used to be with my music friends they used to tell that you know she's pursuing ca at that time i used to always feel that wow i'm getting that importance in both my groups what hova karditi but today i get to know a different aspect of that after working for long number of hours when music comes to my rescue as a stress buster that is when i understand the importance of word and rather than or"

"compartmentalizing work that is to live the moment you are in so whenever i am shooting my 100 focus is on shooting whenever i'm doing any stock research my 100 focus is on research because i believe in living the moment because every moment is precious"

"be the one and just don't be one of them that is nothing but try your level best to excel in whatever career you choose you know my grandpa used to tell me that rashna even if you choose to be a cobbler people should tell that if you want to stitch your shoes go to rakshna and that is where the key inspiration for being the one came from"

"always stay grounded stock markets have a lot of bull phases and bare faces i believe everyone's life also has a lot of ups and downs when you become successful there are great chances that you can go straight on cloud nine but always remember that anything that goes up has a great chance of coming down and then digesting that fall can be really painful but even though if you are successful still if your feet are grounded then just in case if the fall happens you will not feel that pain"

"develop amazing support systems even if i am seen in front of the camera there are a lot of people who are working relentlessly behind the camera so that i can achieve my dream of making india much more financially literate it is because of them my family members my friends and my team members that i can achieve what i have done today"

"it's all about giving i believe that every person has a hidden quality in himself and it's all about trying to discover that quality and use it for the benefit of others i discovered that i have a quality of simplifying finances for everyone and that's where i decided that i should demystify the financial puzzle in everyone's lives"