Russians named the main fear when investing

Most Russians believe that successful investments require systematic knowledge and training. According to a study by analysts at Renaissance Insurance Group, only 12% of respondents are confident that investing does not require special education. At the same time, 67% of respondents advocate a more responsible approach and the need for financial training. The survey data was reviewed by Izvestia on May 23.

According to the survey, 55% are willing to invest time and money in studying investments. The main motives for learning are the desire to create a financial safety cushion (25%), achieve financial independence (18%), ensure stability in the future (15%) and protect savings from inflation (13%).

Among Russians who do not have investment experience yet, 70% turned out to be such, one in three would like to try to invest. However, the main barrier remains the fear of losing money (49%) and a lack of understanding of where to start (42%). The respondents named bloggers and social media tips (46%), as well as online courses (44%) as the main sources of information for novice investors.

At the same time, about 30% of the survey participants have already invested or had such experience before. Almost half of them (45%) admitted that they had experienced unsuccessful investments. Securities and bank deposits remain the most popular instruments among Russians, with 28% each. Another 21% choose insurance products with an investment or cumulative component, 18% invest in foreign currency, 16% in real estate, and 13% in cryptocurrencies and digital assets.

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The size of the first investments for the majority of respondents ranged from 50 thousand to 150 thousand rubles. So, 26% invested from 50 thousand to 100 thousand rubles, 24% — from 100 thousand to 150 thousand rubles.

According to the study, 42% of Russians described their first investment experience as unprofitable. Another 29% reported that they had made a profit or reached zero. Almost half of the survey participants (49%) admitted that they made their first investment decisions emotionally rather than rationally.

Russians cite friends (30%) and bloggers (26%) as the main sources of investment knowledge. This is followed by books (25%), video tutorials (21%) and higher financial education (21%). At the same time, respondents consider higher education (28%), online courses (24%), face-to-face trainings (16%), as well as professional forums and communities (16%) to be the most effective ways to obtain high-quality knowledge.

The study also showed that 75% of investors have made quick and reckless investments at least once. In 41% of cases, such decisions brought profit, but 34% of respondents faced losses. Most often, losses ranged from 100,000 to 150,000 rubles (31%) or from 200,000 to 300,000 rubles (29%).

On April 8, Nikita Bakhcheev, Managing Partner of Promplan Group, told Izvestia that investment interest in the Russian real estate market is shifting from the residential segment to the commercial, primarily industrial facilities. He stressed that the commercial segment benefits significantly in terms of payback periods. If an apartment can pay off for up to 15 years, then in industrial real estate this indicator is 5-6 years.