The Beatles sung,

'I'll buy you a diamond ring my friend if it makes you feel alright
I'll get you anything my friend if it makes you feel alright
'Cause I don't care too much for money, money can't buy me love.

A wise man then said,
'Money is like the sixth sense- and you cannot make use of the other five without it.'

SO BE WISE AND BE RICH !


Wednesday, February 16, 2011

Young Minds, Big Investments!


It is the age of the new generation, of revolution and the young blood is something that should not be ignored. Be it politics, be it art, be it cinema- the young are there to conquer it all. So what is the view of the youth on the stock market and business? If one goes to explore, one will get interesting results. To true that, here is what I found after asking a set of three questions to 10 young women and 10 young men of the age group 18-21 respectively.

When asked the question, ‘Would you ever like to invest in shares and are you interested in the stock market?’ 70% of women answered affirmatively while only 40% of men gave an affirmative answer.

When questioned, ‘Would you ever like to start your own business and are you interested in the field of business?’ again, 70% of women were positive while 50% of men were positive.

When questioned, ‘Do you think the stock market and business are important to the common man?’ a whopping 90% of the female population answered positively while a baffling 60% of males gave a positive answer.

Surprising really ain’t it? Women had amazing replies such as this one by Rashmi Sharma, Wilson College, TYBA, ‘The stock market is of course important to the common man. Having a business- whatever sort of production trade or service provider it may be- brings more employment. And shares are helpful to gain more investment for a firm or to for profit making. Shares are a good way of investment but quite risky if one doesn’t have a diverse portfolio. So, if investing, I would like to choose a mutual fund which has a balanced portfolio benefitting me in the short term as well as taking care of my long term needs.’

On the other hand, men played it safe as Rohit, SYBMM, responded by saying, ‘I will invest if I have a lot of money which I won’t mind losing if I suffer losses. I am interested in business but I don’t think stock market prices make sense to the common man.’ On the other hand, Sean Sequeira, TYBMM gave a disinterested response by saying, ‘I am not interested in business. It does affect the common man as it is important but it is boring to me and I am not interested in it at all.’

Well, going by the figures above one can say it all provides a pretty interesting picture, right? Let’s see how the market prices soar when we step into it!

1 comment:

  1. Aahh... this is my best pick so far!! Great job Divya.

    ReplyDelete