High Return and Social Media Warning in Investment Fund Selection
At a financial literacy seminar held at Yeditepe University, key considerations in the investment fund selection process were discussed.
Speaking at the Financial Literacy Seminar held at Yeditepe University, Prof. Dr. Gaye Gencer emphasized that investors should be cautious against high return promises and guidance on social media when choosing investment funds.
Financial Literacy Seminar Held
A Financial Literacy Seminar was held for the preparatory school within the Faculty of Business Administration at Yeditepe University. Investment funds and the importance of financial consciousness were discussed at the event.
Limits of High Return Expectations
Prof. Dr. Gaye Gencer, a faculty member in the Department of Business Administration, stated that investment decisions should not be made solely by looking at high return expectations. It is essential to take into account how securities in the fund portfolio will react under adverse market conditions.
Misinformation on Social Media
Touching upon the effects of social media on investment preferences, Gencer noted that not every piece of information shared on these platforms should be accepted as true. The importance of verifying acquired information from official and reliable sources was emphasized.
Call for Financial Literacy to Youth
Attention was drawn to the need to increase the level of financial literacy across Turkey. Experts called, particularly on young people, to develop their competencies in this field.