Why Millennials Are Afraid to Start Investing

  Investment is an activity or investment activity that can bring profits. Whatever form it takes, whether stock investment, gold investment, mutual fund investment, or others.

Investing is becoming an important need today. But in fact, there are still many young people, including millennials and Generation Z are reluctant to invest.

It's not without cause. There are factors behind young people who do not want to start investing. Here are some of them:

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Why Millennials Haven't Started Investing

1. Salary is too small

Investment is closely related to capital. Many young people make the lack of salary as a reason not to invest.

In fact, there are small capital investments, such as capital stock investments of 100 thousand rupiah, gold investments or mutual fund investments on online buying and selling sites of 10 thousand rupiah.

With this small investment capital, it can reap a lot of money if you invest long-term. 

2. Lots of expenses

Another reason millennials haven't started investing is because of a lot of spending. Know for yourself, the need for life continues to grow. The prices of basic goods are getting more expensive, while salaries are mediocre.

Not to mention demands for the sake of work, as well as prestige costs. It's getting puffy. Finally the investment was defeated.

3. Still want to have fun

With alibis, youth will not come twice, so life is only filled with sprees. Enjoy the salary of hard work as a form of self reward.

In fact, the future should be a financial priority, so that in old age can live quietly and prosperously. But not for those who still want to have fun, investing in numbers, not even on the financial list every month.

4. There is no picture yet of the future

Some young people have not started investing for reasons that there is no picture of the financial goals, future or old age they want.

They don't know yet, want to retire at what age, have what money at such an age, what will be done when they retire. That's not what they're thinking yet.

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So, the focus is only right now. Just spend money, it's easy, just find it again. This is the wrong thought, and risks having nothing in old age.

5. Fear of investment risk

All investments are essentially risked to different degrees. The small amount, or the low high is usually directly proportional to the profit gained.

If you are a conservative type of person or do not dare to take risks

6. Social influence

Doubts for investments are also not separated because of the problem of association. If you hang out with people who don't invest or invest, you'll get carried away like them.

It is important to choose a good, healthy association, and can open your mindset to investment profits at a young age. As a result, your youth is not wasted.

You can join a community of beginner investors, young investors, or other investment communities that can awaken the spirit of investment in you. That way, you can also learn to invest, so you finally dare to jump.

7. Have not found the right investment instrument

Some of you may already want to invest, but are still confused or have not found the right investment instrument. In this case, the first thing that can be done is to determine the investment objectives.

For example, the investment goal wants to make a home DP. Then find out your risk profile, whether it includes conservative, moderate, or aggressive ones.

If you are an aggressive one, choose stock investment instruments, peer to peer lending, stock mutual funds. Long-term investment so that the cuannya more maximal.

Whereas if your risk profile is conservative, as mentioned above, drop options on low-risk investment instruments. Among them are money market mutual fund investments, bonds, ORI, sukuk, and SBR.

Starting an Investment Early

Youth is not a time for sprees, but destitute in old age. Use your youth to prepare for old age or the future so that life does not fade, even able to leave a lot of inheritance for posterity from investments.

Nowadays, investment options are numerous. Investment capital is small, and can be selected according to financial capabilities. So, there's no reason not to start investing from now on before regrets for life.