Young investors are making smarter investments

By : 360 Realtors

19 March, 2018

The dynamics of investing have changed over the last few years; with a number of working professionals, the younger generation is taking a keen interest in investing their hard earned money. Gone are the days when traditional insurance policies and bank deposits were the financial planning.

Now, young investors look at other avenues to park their hard-earned money. Though the Life Insurance Corporation of India continues to be the dominant player in the semi-urban and rural areas, young buyers in metropolitan cities and urban areas are looking at alternative investment destinations. 

Millennials make informed decisions regarding their investments. Most of them no longer make financial decisions under family pressure, or peer pressure; rather they like to make informed decisions after doing a thorough research. Today’s savers are well-informed and make investment decisions after considering and understanding all the pros and cons. They also consider their current as well as future needs, according to their current lifestyle, as well as future ambitions.

Youngsters today don’t mind experimenting with different high risk, high return investment options like mutual funds, IPO’s, and even crypto currencies. Investors below the age of 35 years have to pay attention to the smallest of details according to financial experts. Experts believe that young investors should consider the impact of inflation and plan their retirement quite early. Investors should also take adequate insurance cover to plan their future as well as take care of their family.

There has been a change in insurance needs. Experts believe that people have become more conscious about risk cover over the past few years. There has been a significant increase in the purchase of term insurance plans. An ideal insurance cover is one that protects an individual’s family against any loans or liabilities in case anything happens to the breadwinner. In case of any unforeseen events, the family gets enough money to meet their basic needs and continue to live the same lifestyle.


A smart investor is the one who plans ahead and makes sure their kids don’t have to compromise on their dreams and ambitions, even when he is not around. While purchasing a life insurance policy, it is important to look at the returns, as well as the financial protection it will offer.