Almost 70% of Poles do not invest: research

Despite the high knowledge of the economy that more than half of Poles (52 percent) have, most of us still do not invest our funds, according to the research on the awareness and economic knowledge of Poles of the National Bank of Poland. However, the Tavex study shows that this trend is slowly starting to reverse. As many as 30.5 percent of the surveyed people declare a willingness to multiply their savings. This is an increase of over 4.5 pp. compared to the first quarter of this year. Interestingly, the leaders of change are young people aged up to 24 and 25-34.

37 percent of people under 24 declare that they invest in various assets. This is an increase of over 15 pp. compared to the first quarter of this year. Similarly, the willingness to multiply savings is shown by the respondents in the 25-34 age group (39 percent). In this case, the aforementioned value increased by 12 pp., according to a study by Tavex.

The need to invest grows slower in the 35-49 age group. Compared to the second quarter of this year. it only increased by 4.4 pp. Moreover, only less than a quarter of people over 50 years of age decided to invest in the analyzed period.

"Our research shows that each age group has its investment pattern. It is important to shape your investment portfolio yourself by selecting the appropriate assets for it. It should be subject to our constant investment risk assessment and analysis of the expected rate of return,” Aleksander Pawlak, President of the Management Board Tavex, said.

(WBJ)