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Did You Know? (By Irshad Mushtaq)

INS Correspondent by INS Correspondent
January 2, 2024
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Be a well-informed investor (By Irshad Mushtaq)
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In the USA, over 70% of the population invests in financial assets such as the stock market, particularly through ETFs? It’s a staggering number that illustrates the importance of investing for financial stability and growth.

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However, the story is quite different in India, where only 2-3% of the population is involved in the stock market and a staggering 90% of the volume comes from trading rather than investing, leading to significant financial losses for many individuals.

The lack of knowledge and education about ETFs and stock market investing in India has led to a culture of negativity and mistrust towards the financial markets.

Many people have been misled or misinformed, leading to a fear of investing and a reluctance to seek out proper financial advice.

It’s time for a change. Education and trustworthy advisory services are essential for empowering individuals to become informed investors.

By promoting transparency and providing quality, trusted services, it is possible to shift the perception of investing and help more people achieve their financial goals.

So, let’s strive to be informed investors and seek out reliable sources of education and advice. It may require an investment, but the potential for financial stability and growth far outweighs the cost.

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It’s time to change the narrative and embrace the world of investing with confidence and knowledge.

The author can be reached at [email protected]

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