International Youth Day: 5 wealth and investment aspects every young investor must know
1 year, 4 months ago

International Youth Day: 5 wealth and investment aspects every young investor must know

Live Mint  

As a young investor in India, stepping into the intricate world of finance, you'll often find yourself swamped with information, jargon, and unsolicited advice. This startling finding originates from the Standard & Poor's Global Financial Literacy Survey, a project supported by the World Bank and carried out in collaboration with Gallup. Historical data in the Indian context illustrates that a balanced approach combining various risk levels has provided more stable long-term results than aggressive strategies. By allocating investments across equities, bonds, gold, and emerging avenues alternative investments like fractional ownership in commercial real estate, investors can shield themselves from drastic downturns while tapping into diverse growth opportunities. For instance, during the global financial crisis in 2008, a well-diversified portfolio suffered less severe losses compared to a portfolio heavily concentrated in a single asset class.

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How young Indians are saving and investing in 2024: Stocks surge ahead of Mutual Funds as top investment choice
1 month, 1 week ago

How young Indians are saving and investing in 2024: Stocks surge ahead of Mutual Funds as top investment choice

Live Mint  

Fin One, a digital-first project by Angel One Limited, has provided insightful information about the changing financial habits of Gen Z and Millennials in India. It has unveiled its Fin One: Young Indians’ Saving Habits Outlook 2024, offering valuable insights into the evolving financial behaviours of Millennials and Gen Z across India. According to a data compiled by top research …

Financial Literacy: A Crucial Life Lesson for Students
2 months ago

Financial Literacy: A Crucial Life Lesson for Students

Hindustan Times  

Financial literacy among students is crucial for their future financial well-being and to make informed financial decisions. The National Payments Corporation of India (NPCI) and the Central Board of Secondary Education (CBSE) collaborated to introduce a financial literacy curriculum for students of Class VI, aiming to enable them to have an understanding of basic financial concepts at an early stage …

International Literacy Day 2023: Why aim for your children’s financial literacy early in life?
1 year, 3 months ago

International Literacy Day 2023: Why aim for your children’s financial literacy early in life?

Live Mint  

There is a famous adage, “Literacy is a bridge from misery to hope”. As stressed by the famous Japanese-American entrepreneur Robert Kiyosaki, “If you want to be rich and maintain your wealth, it’s important to be financially literate, in words as well as numbers.” Paradoxically, the most pressing issue in the current generation and economy is the deficiency in financial …

How can India increase its financial literacy rate? Economist weighs in
1 year, 11 months ago

How can India increase its financial literacy rate? Economist weighs in

India TV News  

In Indian middle class and lower income households, the go-to option for money is savings. "A change is required in our mindsets about money, all of our finances shouldn’t be tied up in one savings scheme," Jaswani said. Many of us fall into the category of a 'Common Man' and have limited financial resources, and when you have something in …

Financial literacy: RBI takes a host of initiatives to spread awareness
2 years, 1 month ago

Financial literacy: RBI takes a host of initiatives to spread awareness

Live Mint  

In a country where only 27% of adults have a basic level of financial literacy, it would be an issue for the education system and economic growth. 5C approach of NSFE Content Financial literacy content for school children, and teachers including the curriculum. Capacity Strengthen the capability of SHG leaders, Bank Sakhis, who can help in extending financial literacy and …

Investing | Why young India needs to dial down
2 years, 3 months ago

Investing | Why young India needs to dial down

The Hindu  

When the great stock market bust of 2022 occurred a few months ago, Reddit was swamped with requests for help. His original investment of ₹16,000 — which he made after taking the advice of “long-form finance influencers”, who’d spoken about crypto as a way to diversify one’s portfolio — is now less than ₹8,000. “We find that a lot of …

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