GHP #56 - How To Invest With As Little As $1 with Taran Singh Kainth!

Episode 56 is with Taran Singh Kainth, Co-Founder & CEO at Flahmingo!

After witnessing the financial crisis of '07/'08, Taran pursued his curiosity in finance and investing to understand the markets. His ambitions increased in complexity, from managing his family RRSP at the age of 16 to democratizing investing for students and young investors with the founding of Flahmingo.

Flahmingo is a native mobile application that allows you to begin investing with as little as $1! Their proprietary technology enables users to grow and maintain a diversified portfolio through the purchase and sale of fractional shares. These fractional shares allow Flahmingo users to own as little as $1 in companies like Tesla, Alphabet, Amazon and even Berkshire Hathaway.

We speak to Taran about his entrepreneurial journey, meeting and gathering knowledge from Tim Draper at Draper University, and the importance of financial literacy at a younger age.

This was a great conversation with an ambitious leader to keep an eye on for the future, so we hope enjoy!

Timestamps
 2:25 - Financial Literacy and Building Wealth
 6:50 - Early Finance Mistakes & Lessons
11:10 - How to build your financial knowledge
15:45 - Taran’s Investment Strategy
20:45 - Inspiration behind Flahmingo
24:00 - What is Flahmingo & How can it help you?
32:22 - What’s next for Flahmingo?
35:47 - Importance of Community
38:14 - Challenges of Building a Start-up