News dalla rete ITA

21 Aprile 2021

Indonesia

INVEST LONG-TERM IN EQUITIES TO BENEFIT FROM INDONESIA'S ECONOMIC BOOM

Today, the Indonesian young generation stands to benefit from its rapid growth and capital market development that present ample investment returns in the next few decades, Tourism and Creative Economic Minister Sandiaga Uno said. As one of Indonesia's richest people, Sandiaga urged the young people aspiring to become financially independent to become long-term investors in equities and focus their investment on major trends like digitization, life longevity, and green technology — instead of involving in speculative trades. Last year, a projection from Blomberg Economics saw Indonesia overtaking Germany as the fifth largest economy in 2045, just below China, the United States, and India. On the other hand, for an economy of its size, Indonesia's capital market still lagged behind its peers. Less than 3 percent of the country's working population invests in the stock market data from the Indonesia Stock Exchange (IDX) and the Central Statistics Agency (BPS). In comparison, 14 percent of US families have a direct investment in the stock market. More than half have some level of exposure to the market, data from research organization Pew Research showed. Indonesia's listed companies' total market capitalization sits at Rp 6.939 trillion ($477 billion), or around 44 percent of its gross domestic product (GDP), lower than G20 countries average. Long-term trajectory aside, Sandiaga said that the young investors should resist the temptations of trying to make short-term gains. “Never time the market. Do not become too speculative at the beginning. Avoid speculative stocks and focus on the fundamentals. “Avoid herd mentality when investing,” he said. Offering his latest insight as a seasoned investor, Sandiaga said young investors should keep an eye on these three "long-term, unstoppable trends." "The first one is digitization. Everything will enter the digital realm in the future,” he said.Source: https://jakartaglobe.id/business/invest-longterm-in-equities-to-benefit-from-indonesias-economic-boom-sandiaga-uno (ICE GIACARTA)


Fonte notizia: IBAI Newsletter – 7/4/2021