Most teenagers aim to commit their entire lifetimes to investments

A surge in young investors has been observed in Russia, with the number of teenage investors in SberInvestments increasing from 18,000 to a notable 70,000 in the last two months. Aisha Kubezova, head of Sber's brokerage business, has confirmed this rise.

The majority of these young investors, approximately 60%, entered the stock market despite their parents' lack of interest in investing. Interestingly, half of the surveyed teenagers analyze the potential of companies independently, demonstrating a mature approach to investment.

The Rostov region leads the pack in terms of youth investors among the regions. Anton Usachev, Deputy Manager of the Rostov Branch of Sberbank, attributes this trend to a mature approach to capital formation among young investors, as they prefer stocks of leading companies over short-term tools.

The preference for stocks is evident, with teenagers accounting for 71% of net purchases in stocks over the summer, a 60% increase compared to adult investors. This figure is particularly impressive when considering that money market funds, often favoured by adults, were chosen by only 8% of teenagers.

The top five regions with the highest number of teenage investors, beyond the Rostov region, are Moscow, Krasnodar Krai, St. Petersburg, and Krasnoyarsk Krai.

A significant number of teenage investors, 81%, plan to invest for life, with eight out of ten teenage investors sharing this long-term commitment. This suggests a sustainable interest in investment among the younger generation.

The motivation behind this growing trend is diverse. For 19% of teenage investors, the ability to feel like owners of a company and feel connected to the business is a key factor. On the other hand, 34% of teenage investors are most interested in receiving dividends.

Interestingly, almost a quarter of teenage investors were inspired by bloggers and opinion leaders. Furthermore, 10% of teenage investors enjoy discussing investment results with parents and friends, indicating a social aspect to their investment journey.

However, 55% of young investors have parents who do not invest, suggesting that the interest in investing among teenagers is not solely influenced by their parents. In fact, 13% of young investors have parents who invest and help them understand the intricacies of the stock market.

In conclusion, the rise in young investors in Russia is a noteworthy development, indicating a growing interest in financial literacy and investment among the younger generation. This trend, driven by a mix of factors, shows promise for the future of investment in Russia.