Meet the teen trader who has made a Dh30,000 profit – Pocketful of Dirhams

Advait Arya started trading during the height of Covid-19 restrictions, joining a global trend of cashed-up youth buying and selling stocks

Interest in trading has surged during the Covid-19 pandemic, with retail investors flocking to platforms such as Robinhood and Etoro to buy and sell stocks.

With time on their hands during movement restrictions and extra money to invest after a series of government stimulus packages, retail traders around the world have embraced the "gamification" of trading, which has been driven by US meme stocks such as AMC Entertainment and GameStop.

But there is one group of traders who have been flying under the radar: teenagers around the world have also jumped on the trend and are using their pocket money to trade in shares.

Host Felicity Glover, the personal finance editor at The National, is joined by Advait Arya, a 16-year-old trader from Abu Dhabi, who talks about his investing journey and how he made a Dh30,000 profit.

Listen to last week's episode on how to live a debt-free life:

Updated: August 3rd 2021, 12:39 PM
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