About the Author
The Motley Fool has a disclosure policy.
Invest better with The Motley Fool. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services.
How many years of investing experience do you have? 20+ years
What is your investing risk tolerance? High
What is your portfolio size? 20+ stocks
What are your favorite investing sectors? Energy, materials, financials, informational technology

Gargi Chaudhuri, managing director, is head of iShares Investment Strategy, Americas, at BlackRock. Based in New York, she and her team primarily focus on delivering global macro thought leadership, investment insights, and content to both retail and institutional clients. With more than 20 years of experience in the financial services industry, Gargi has built her career around portfolio management in the fixed-income markets, trading, and macro strategy.
Prior to joining BlackRock in 2010, she spent nine years on the sell side at Jefferies and at Merrill trading government bonds and inflation-linked securities. She graduated magna cum laude with a bachelor's degree in accounting and psychology from Ohio Wesleyan University in 2001.
Chaudhuri is an avid runner, hiker, and a triathlete and has completed multiple marathons, ultra-marathons, Half Ironmans, and the New York Ironman.
Before diving into our Q&A with Gargi, get more insight on her investing style and experience in this interview on Motley Fool Live below.
Despite being immersed in the world of finance right after college, I didn’t invest my own money until my late 20s. I, mistakenly, thought that I needed a lot of money saved to get started, and that I needed to be a subject matter expert on every stock I owned. As I learned later, neither of those things are true. You can start investing with a very small amount of money, and, if you diversify and invest for the long term, you don’t need to know every detail about every stock in your portfolio. ETFs, for example, offer diversified, low-cost, and tax-efficient access to the world’s investment markets.
I started investing during the summer of 2007 when the news of Bear Stearns shook the market. It was the first time I felt that I had enough disposable income to invest, and I understood the implications of market moves on my portfolio. I invested in a low-cost, diversified fund that gave me access to international developed market equities.
My parents had successful careers and instilled in us the value of money and saving. A Bengali saying was often repeated in our household that roughly translates to, “If you work hard and study hard, you can achieve greatness.” Even at age 5, I fully understood that money was valuable, needed to be saved, and the way to achieve wealth was through education, hard work, saving, and investing.
My investing journey has been an interesting one, given that I started right before the greatest financial crisis in the markets. It taught me the most important lessons of investing at an early age: 1) You can never time the markets; and 2) You need to stay invested through the volatility because your time period of investing is not months but decades.
Since the crisis, the path toward investing has been smoother, and I have tried to rotate in and out of sectors/industries/asset classes as I see opportunities unfold. My personal challenge has been “analysis paralysis,” which is when I spend too much time thinking about where to invest, ultimately inhibiting my ability to be nimble. I am trying to overcome it by always starting broad (investing in broad market indices) and then being more selective when the time allows so that I always stay invested.
As an Indian student who moved to the U.S. for college at age 18, I have always had what I describe as “immigrant insecurity,” or the need to know that I did the right thing by moving so far away from home and family. This insecurity drives me to work harder than everyone I know whether it is at work, during my evening runs, or in my investing journey. Growing up in a home where I saw both my parents work hard, have successful careers, and invest wisely, I realized how incredibly rewarding investing from a young age can be and how beneficial it can be in your retirement years.
Market volatility isn’t unique, but our reaction to it is. While it is easy for me to say, “Stay invested,” I know that sometimes your individual risk tolerance won’t allow it. Remember that staying invested in a diversified portfolio over the long term has generally yielded better results than cashing out completely during volatile times.
However, if you do feel the need to stay on the sidelines during volatile periods, promise yourself that you will reinvest and reenter the market as soon as it stabilizes.
Compartmentalize -- when you are at work, think about the task at hand. When enjoying dinner with friends and family, put your work phone away. When you are thinking about your investments on a Sunday morning, set aside time to properly assess your financial goals and your progress toward them.
Do a financial health checkup every six months -- starting from looking at credit card statements, to 401(k) allocations, to your investment account. Make sure that everything on there still makes sense for your current goals and needs.
I didn’t invest in my 401(k) until my late 20s because retirement felt far away and living in NYC was expensive! I gave up “free money” for those first few years as I missed out on employee matching, and, in retrospect, also missed out on strong equity market returns. Start as soon as you can, and, if you have big debts to pay off, you can start small.
Where to start? I read the Financial Times and The Wall Street Journal every day and am an avid listener of multiple podcasts, including Bloomberg Surveillance and Odd Lots, Kara Swisher and Scott Galloway’s Pivot, and BlackRock’s The Bid.
I would pick two. The Chinese proverb, “The journey is the reward,” and the saying, “When you light another’s candle, you lose nothing of your own. You produce more light.”
Investment is the most powerful way women (and anyone who invests) can change the course of their lives, take control of their independence, support their own values, and generate a positive social, environmental, and financial return. When women do invest, they have tended to outperform men. So, ladies reading this, start your investing journey today.