The Youth’s Fascination with Scammers in Finance: Impact on Capital Markets and Financial Literacy?

[nithin]

@Om_Divyatej

It’s kind of concerning that there’s this lack of interest in learning the basics of finance among the youth. Financial literacy is super important, and it empowers people to make smart decisions with their money. So, how do you think we can encourage them to understand the fundamentals of finance and the stock market better?

The lure of quick money has always been the reason why people have gotten attracted to capital markets. This is not a new behavior. It is worse today because of how easily people can build an audience on social media and how there is a perverse incentive that pushes everyone to be loud on social media to build an audience.

I guess the only way is to have another group of people constantly keep setting the expectations right on social media. I think this as one of the key reasons for me to exist on social media.