How Well Informed Gen-Z Investors are Going Wrong with their Investment
Young professionals who belong to early Gen-Z (Born mid 1990s) are voracious consumers of information and keep themselves updated with latest developments in technical and financial world. However paying too much attention to noise can sometimes backfire as they are just starters in their investment journey. Below are the various ways many early Gen Z investors are going wrong, 1.Over Enthusiasm About Buzz Words Like AI, ML, Quant: Whether it’s a new start-up stock advisory service or a big MF house, everyone is alluring customers claiming their state-of-the-art Artificial Intelligence or Machine learning or Quant model will generate superior returns, However these institutions are comfortably ignoring the importance of study of the fundamentals or impact of their huge fees/brokerages which will reduce the investor returns drastically even if the portfolio makes decent gains. Gen Z thinking AI/ML is the new magic wand of investment world, easily falling trapped here. 2.Over exposu...