Despite an interest in financial health, teenagers lack understanding of retirement planning. While 83% have considered retirement, only 45% recognize the importance of investing for long-term returns. Experts emphasize the advantage of time for teen investors and recommend Roth IRAs for tax-free growth. Parents can also contribute to Roth IRAs on their children’s behalf.
Retail investors are increasingly utilizing demat accounts to diversify their portfolios and secure their financial futures. This shift is attributed to the accessibility and user-friendliness of mobile trading platforms, easy access to financial information, and regulatory efforts promoting stock market awareness. To maximize the benefits of long-term investing, investors should utilize their demat accounts to invest in a diversified portfolio, implement SIPs in mutual funds, adopt a buy-and-hold approach, stay updated with market trends, and regularly monitor their investment portfolios.
