Study: 71% of Romanians Do Not Invest, Although 60% Admit that Inflation Can Reduce Their Savings over Time
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For many Romanians, the first step towards investment starts with a financial safety net. More than half of the participants in a market study (51%) say that it is difficult or that they can barely cope with current expenses, [...]
Seven out of ten Romanians do not invest, although they know that inflation eats their savings. What keeps them away from the stock market Seven out of ten Romanians (71%) do not put their money in shares, bonds, investment funds or ETFs, although 60% know that savings can lose value due to inflation, shows a study...
News Bucuresti
EcopoliticInsufficient savings, risk fear and lack of knowledge about investments are the main reasons why seven out of ten Romanians (71%) choose not to invest in different financial instruments, emerge from the results of a study published on Thursday. According to data analyzed in ING Research research, 60% of respondents are aware that the lack of investments represents a risk, given [...]
Seven out of ten Romanians do not invest, mainly because of insufficient savings, risk fear and lack of financial knowledge. An ING Research study shows that only 29% of Romanians invest in shares, bonds, funds or ETFs, compared to 41% at European level, while most prefer investments considered safer.
Only 29% of Romanians currently invest in stocks, bonds, mutual funds or ETFs, compared with 41% across Europe, agreeing to a new ING Research study conducted by Ipsos. At the same time, 30% of Romanian respondents say they have never invested but may do so in the future, suggesting that a sizeable share of the [...]
Only 29% of Romanians surveyed say they are currently investing in shares, bonds, investment funds or ETFs. The European average is 41%.
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