there are several reasons exist, one by one i shall explain in simple language
- Lack of awareness among Indian people they always think share market is casino ( juaa ) (जुआ ) so neither they invest nor motivate to others. but really stock market is not a speculating market , but in eyes of Indian people it is black listed .
- people not able to take risk because of they need fixed income but time time without any risk cover so they adopt simple and common idea to lend their monies to needy person at reasonable interest rate , some time interest rate may hike when any needy person asked him for some monies in that situation may charge higher interest rate . jsut see pic 1
- They deposit their saving in bank via FIXED DEPOSIT OR RECURRING DEPOSIT , they think its safer option for saving monies, its really safer options grow our monies but not growing as fast as equity and mutual fund. see pic 2
- if you live in urban as well as rural area you will generally heard a common things link ” co-operative society committee
it consist minimum five to six members including chairman, where each member deposit a predetermine amount to the head of the committee and after few weeks and months one can withdraw if they feel to need , here withdrawal limit may be higher than their deposit , but here terms and conditions to return such amount within stipulated time period . its one of the best unique technique to earn monies , so few people who having little bit knowledge being diverted by such scheme mentioned above. see pic 3
- one and most reason is that try to live luxurious life and showing of as well , instead of invest 1000 per month invest in SIP they prefer spent in kitty party. if you dont know about SIP visite this below link https://www.tradehunger1956.online/2019/06/is-mutual-fund-really-right.html so first things make an habit to spent monies in right ways and try to learn good habits of investing then step by step you will be able to gather knowledge about stock market and can analysis when should buy valuable stock at cheap rate to make monies for better understanding when to buy valuable stock at tacky price you may again visite below link… https://www.tradehunger1956.online/2019/06/right-time-to-buy-and-mutual-fund.html
- thnxxx ( happy investing)