Young investors are less savvy than their parents: Poll

Young investors might not like to hear this, but many of them are not as a savvy as their parents because they don’t do their own research and end up following half-baked tips from their peers on social media.

Around 40 per cent of investors in their 20s lost money because many actively manage their investments themselves, hoping to make quick profits even though they don’t have a full picture of market conditions, a recent survey noted.

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