HOW TO INVEST FOR YOUTH – Having a personal investment in the financial market has now become a productive lifestyle among young people or first jobbers. The old view that investment can only be done by people of mature age is no longer relevant. This can be seen from the demographic data of investors in Indonesia, which is increasingly dominated by the millennial young age group. Based on data from the Indonesian Central Securities Depository (KSEI), it was noted that the number of investors or Single Investor Identification (SID) in the domestic capital market until the end of 2020 reached 3.87 million investors. This figure increased 56% compared to the position at the end of 2019. Of the number of investors, almost half of them were under 30 years old, while the age range of 31-40 years reached 25% of the total number of domestic investors in 2020. In other words, 70% of market investors Indonesia’s capital is young people. If we are unanimous about wanting to start investing in the capital market, try to follow the guidelines for how to invest in the following financial markets:

Guide to Investing

Understand Investment Concepts and Risks

Insurance is basically the easiest financial risk management mechanism. Anything that poses a risk to a person’s financial condition should be insured. Although not everything can be insured, there are at least two types of insurance that are very important to have; namely life insurance and health insurance. For young people, these two types of protection are often ignored because they feel that the risk of getting sick and dying is not too big. Mental protection and health are sometimes considered as the needs of mature age groups who are already married. Of course, this assumption is not correct, because no one can predict the risk of getting sick or dying. So, when it comes to which insurance is more important, then the answer is, both buying life protection and buying health protection are equally important. However, if you are still in a situation where you have to prioritize spending premiums, you can consider options based on the following guidelines.