Understanding the Investment Habits of Young Generation in Odisha
In Odisha investment environment is changing dramatically, and the younger generation is playing a major role in this change.The purpose of this study is to investigate the investment preferences, motives, and behaviours of young generation in Odisha, who are generally between the ages of 18 and 35.It looks at the variables that affect individual's financial choices, including as the educational background, age, gender and involvement in social media.In addition to more conventional choices like gold and fixed deposits, the study emphasizes the rising appeal of a variety of investment opportunities, including mutual funds, cryptocurrencies, and equities markets.One of the main topics is how fintech innovations and digital platforms may streamline investing procedures and offer tailored advice.The study also explores how financial literacy, social media, and peer pressure shape the strategies of young investors.According to research, the younger generation places a higher priority on financial independence, risk diversification, and long-term wealth accumulation.But problems like behavioural biases, market instability, and a lack of knowledge still exist.The study's identification of these patterns and obstacles helps educators, financial institutions, and legislators create focused programs that promote young people's prudent investing practices.Fostering an economically resilient and empowered generation in Odisha requires an understanding of these behaviours.
Authors
- Shruti Tiwari (ORCID: https://orcid.org/0000-0003-4873-5666)
- Prof. Debasish Rout
- Somabhusana Janakiballav Mishra (ORCID: https://orcid.org/0000-0002-1280-3797)
- Tejaswini Kantha
- Uma Mittal (ORCID: https://orcid.org/0009-0008-4177-6434)
- Tarnija Chaudhary
Publication Details
- Journal
- International Journal of Research Publication and Reviews
- Published
- 2024-12-01
- DOI
- https://doi.org/10.55248/gengpi.5.1224.3434
- Primary Topic
- Microfinance and Financial Inclusion
- Type
- article
- Field-Weighted Citation Impact
- 0.00