A Cautionary Tale from Chennai – Heartbreaking news surfaces as another youth, this time a Chennai-based techie, tragically took a fatal leap from the 10th floor after losing borrowed funds in the stock market.
📈 Despite repeated SEBI warnings—stressing that 90% of F&O traders end up losing money—many still plunge into risky trades with high leverage in hopes of quick riches.
🚨 The culprits? ‘Greed’ and ‘Fear’—destructive forces that not only jeopardise financial stability but, more importantly, endanger lives when left unchecked.
💰 The insatiable desire for quick wealth often drives young individuals to undertake risks well beyond their means, resulting in devastating consequences.
🔥 Social media and Finfluencers inadvertently contribute to this perilous trend by inspiring individuals to navigate the financial markets without understanding their risk tolerance or market dynamics.
⛔ It’s high time we put an end to such tragedies. The solution lies in rigorous enforcement of regulations and widespread financial education.
🌐 There’s no magic shortcut to success, especially in the financial realm. Exercise caution with your capital, and ensure you deploy it wisely by adhering to sound financial planning principles.
Vikas Sharma, CFP®, is a first-generation purpose-driven entrepreneur with over 19 years of experience in financial services, personal finance, and the advisory space. He is a Certified Financial Planner, an IIM Calcutta Executive Alumni, and holds an MBA in Finance and a Postgraduate qualification in Financial Planning.
Currently, Vikas is the Co-Founder & CEO of The Logical Advisor (TLA Academy Pvt. Ltd.) and Goalchi Capital Solutions LLP, where he integrates life, purpose, values, and money to create meaningful financial journeys.
He has worked with a leading Asset Management Company, mentored 1,500+ IFAs and Relationship Managers across India, and educated 10,000+ investors through Financial Wellness programs. His work has consistently focused on reshaping advisor and investor behaviour to enable sustainable success.
Vikas also coaches and mentors financial advisors nationwide, helping them build purposeful and successful careers.
