MUMBAI: Instagram Reels aren’t the only thing that has Gen Z glued to their smartphones.
With the flood of user-friendly investing apps and the shift to a mobile-first approach, some Gen Zers (ages 12-24) have started investing like fish out of water.
Take Madhur Katta for example. The 22-year-old investor from Jaipur initially jumped on the stock market bandwagon out of FOMO. “Right after the pandemic, it was all about the market. I was also drawn to apps like Zerodha. Until then, I didn’t know anyone who offered such a user-friendly interface… buy and sell orders. is easy now,” he said.
The shift to digital fintech platforms has been a game-changer for many, especially tech-savvy young people. These apps have made the stock market more accessible by allowing investors to participate in the market without having to call a brokerage firm or bank to make a trade.
Readily available information such as increased discretionary spending, a deeper understanding of personal finances, and information from friends, family, or influential people are all increasing the desire of young Indians to tap into alternative sources of income. Masu. Jillian Tauro, 19, understood the power of compound interest and started investing early. Her idea that she makes her profit after analyzing the market makes her feel her financial responsibility.
Gen Z values savings and financial independence. But market volatility is making them cautious. “As people invest, they realize that it is not easy to make money in the market, especially when the market is volatile. Either we choose a safer alternative,” Katta said.
‘Finfluencers’ and social media platforms tend to have some influence over group selection. Wayne Almeida, 25, believes it’s a good way to stay up to date with market trends and potential investment opportunities. However, be wary of financial information available online. It can set unrealistic expectations that are unlikely to lead to the desired performance of the portfolio. To protect investors, Sebi has come down heavily on investors who actively offer investment advice through social media. It also placed certain restrictions on regulated intermediaries’ interactions with finfluencers when using their services to promote their products.
With the flood of user-friendly investing apps and the shift to a mobile-first approach, some Gen Zers (ages 12-24) have started investing like fish out of water.
Expanding
Take Madhur Katta for example. The 22-year-old investor from Jaipur initially jumped on the stock market bandwagon out of FOMO. “Right after the pandemic, it was all about the market. I was also drawn to apps like Zerodha. Until then, I didn’t know anyone who offered such a user-friendly interface… buy and sell orders. is easy now,” he said.
The shift to digital fintech platforms has been a game-changer for many, especially tech-savvy young people. These apps have made the stock market more accessible by allowing investors to participate in the market without having to call a brokerage firm or bank to make a trade.
Readily available information such as increased discretionary spending, a deeper understanding of personal finances, and information from friends, family, or influential people are all increasing the desire of young Indians to tap into alternative sources of income. Masu. Jillian Tauro, 19, understood the power of compound interest and started investing early. Her idea that she makes her profit after analyzing the market makes her feel her financial responsibility.
Gen Z values savings and financial independence. But market volatility is making them cautious. “As people invest, they realize that it is not easy to make money in the market, especially when the market is volatile. Either we choose a safer alternative,” Katta said.
‘Finfluencers’ and social media platforms tend to have some influence over group selection. Wayne Almeida, 25, believes it’s a good way to stay up to date with market trends and potential investment opportunities. However, be wary of financial information available online. It can set unrealistic expectations that are unlikely to lead to the desired performance of the portfolio. To protect investors, Sebi has come down heavily on investors who actively offer investment advice through social media. It also placed certain restrictions on regulated intermediaries’ interactions with finfluencers when using their services to promote their products.
