Indians are willing to pay for advice
The DSP BlackRock Investor Pulse study has some interesting findings on investors' attitude towards investing, their goals, and how they view financial advice.
By
Morningstar |
15-01-15
Overall sentiment
- The majority of Indians (56%) feel that the economy is getting better, significantly higher than the rest of the world (just 22%). While just 19% of the respondents believe things are getting worse, as against 38% globally.
- When asked about concerns that pose a risk to their financial future, Indians cited the high cost of living, inflation and healthcare costs as major concerns. Worth noting is that a significant amount were also concerned about the state of the domestic economy,
- Indians are very positive about their financial future – they have the second highest feelings of positivity (81%) in Asia and the second highest globally; Columbia tops the list with 84%. In line with such sentiment, the majority of Indians feel in control of their financial future.
- Indians also feel that the job market is improving, 54% believe so, while just 21% are of that view globally.
