what most 15 – 35 year olds don’t know about investing – Lachie Duncan | open money show

“Investing is not rocket science.”
“Time in the market beats timing the market.”
“You can search Pocket Advisor in Google.”

In this conversation, Lachie Duncan, founder of Pocket Advisor, shares his journey into the world of investing and fintech. At just 23, he aims to empower Gen Z to invest confidently by providing accessible financial advice and education through his platform. Lachie discusses his early experiences with investing, the challenges faced by young investors, and the importance of technology in making financial advice more accessible. He emphasizes the need for good investment habits and the role of digital solutions in bridging the gap for financially stressed Gen Z individuals.

www.pocketadviser.com.au

Chapters

00:00 Introduction to Locky Duncan and Pocket Advisor
04:06 Locky’s Early Investment Journey
06:10 Researching Stocks and Circle of Competence
09:13 Building Pocket Advisor: Mission and Features
12:02 Understanding Gen Z’s Financial Needs
14:58 Challenges in Financial Advice for Gen Z
18:00 Designing for Gen Z: User Experience and Habits
20:48 Investment Strategies and User Journey
24:07 Building Good Investment Habits
27:00 Crypto vs. Traditional Investing
30:07 Long-Term Investment Mindset
33:11 Conclusion and How to Access Pocket Advisor

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