Entrepreneur Ankur Warikoo has triggered a debate on financial literacy and investing after sharing the story of a 26-year-old caught between traditional saving advice and high-risk trading trends.
In a post on social media, Warikoo said he spoke to a young professional who had Rs 80,000 parked in a fixed deposit (FD) earning 5.5% interest and another Rs 40,000 invested in futures and options (F&O) despite not fully understanding how the segment works.