Investing crucial for younger generation: Here's how to go about it

Time, patience and understanding are key, plus learning how to recover from setbacks

A recent OCBC Bank survey found a surprising statistic: 56 per cent of those polled in their 20s have investment products. Of that number, 32 per cent of those excessively speculate for quick gains.

Many say they have financial regrets, which range from getting into forex trading before doing in-depth research, to experiencing as much as 60 per cent loss in capital. Many also report buying stocks without understanding the fundamentals of what it all entailed.

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A version of this article appeared in the print edition of The Sunday Times on September 29, 2019, with the headline 'Investing crucial for younger generation: Here's how to go about it'. Subscribe