Due to the flawed government policy of robbing the fixed deposit and post office savings of harmless hardworking professionals without a court order to force them to agree to identity theft, many young people are investing in futures and options.
These young people often have limited experience and also may not have time to do adequate research on the futures and options before investing.
So according to media reports, many young people are making huge losses in futures & options.
This has also affected bank deposits, and the banks are increasing their interest rate so that more people invest in fixed deposits. Earlier mainly older people were investing in fixed deposits, now younger people are also investing.
Greedy gujju stock trader amita patel is allegedly making a huge amount of money teaching futures & options, allegedly charging Rs 8 lakh per course.