Investing Via Online : 40% Indian's Make Their Own Decisions

According to a survey by information and measurement firm Nielsen, Our people are more dependent on others while taking decisions for investments through internet compared to their global peers,

Over 2 in 5 of that is 40% online Indian's make their own decisions for investments with mutual funds, metals, stocks & bonds emerging as their preferred options.


Highlights of Survey..!

* When making personal finance/ investment decisions, nearly half (49%) of global online consumers rely only on themselves.

* Compared to ordinary customers, net savvy Indians are more independent while taking investment decisions.

* As opposed to the average customer, online consumers in India appear to be far less dependent on others in decision exhibiting a marked independence in being self-sufficient and not entirely trusting of people around them.

* About 16% of Indian respondents indicated that they would take the advice of friends, relatives & colleagues while making financial decisions.

* Globally, 20% of respondents sought advice from a financial planner/adviser while 18% relied on friends, relatives and colleagues for advice.

* When it came to investment options for the Indians, 64% of the respondents favoured mutual funds among the top 4 asset classes. It is followed by precious metals (63%), stocks (56%) & bonds (40%) as the most favoured investment options by online Indian consumers.

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