Digital investment applications for millennials increasingly promising - The Jakarta Post

The rise of investment support applications makes it easier for millennials to choose a container that can facilitate their needs. In this era, millennials prefer things that are simple, such as digital investment solutions.
Investment is the action of using funds for a certain period of time with the aim to generate profit. Before the digital era entered Indonesia, investment could only be done conventionally, such as by opening an account with a bank.
For example, if someone wants to buy reksa dana (mutual funds), he or she must personally approach a bank or office that provides mutual fund services with the aim of opening an account.
Once the account is ready, the investor can only buy mutual funds with a minimum purchase of Rp 500,000 (US$35).
But now, there are many investment applications that attract young investors. These applications must have been licensed…