To Examine the Impact of Investment Strategy and Patterns among Young People with Reference to Mumbai City

Abstract

The purpose of this research is to investigate the numerous elements that lead to investment among the investors. Investment is a type of activity that people who have to save engage in, in which investments are made from their savings, or in other words, people invest their savings. There are numerous investment alternatives accessible, including bank, gold, real estate, post services, mutual funds, and many others. This study looks at the savings and investment habits of a group of college students in Mumbai (ages 17 to 25) who have recently started working. The study also looks into the youth's basic financial literacy, including how they educate themselves and how they view risk, returns, and various investment modes, as well as what factors influence them. A survey method was used to acquire primary data. During the data collection process, both qualitative and quantitative information was gathered. The engine of growth is expected to be driven by this young workforce. Investment is commonly understood in economics to refer to the formation of capital. As a result, the development of physical assets is significant when considering investment from a pure economics standpoint. However, the focus of this research is on what is known as financial investment, which is defined as investment in shares and securities with the primary goal of earning income rather than increasing production. As a result, the terms savings and investment have a closer connotation than they have in the past.