Food For Bodong Investments, People Need To Reduce The Nature Of 'Greedy'

Illustration. (Photo: Doc. Antara)

JAKARTA - Fraudulent investments still take victims. In fact, of the many victims of fraudulent investments, it turns out that not a few of them are highly educated. It can be concluded that someone with a higher education background, is not a guarantee that the level of financial literacy is already good.

In the midst of rampant fraudulent investments and low level of financial literacy, as well as the lack of understanding of legal investment are the entrances for predators in offering their fraudulent investments. Moreover, psychologically, many victims basically cannot stop themselves from making a profit quickly (greedy).

Untuk itu, masyarakat harus semakin waspada hingga menekan sifat Greyy jika menerima tawaran imbal hasil menyusah yang tidak masuk. Apalagi, Otoritas Jasa Keuangan (OJK) juga telah menerbitkan berbagai aturan untuk menghasilkan investasi bodong. Industri keuangan pun telah melakukan literasi dan edukasi sejalan.

However, as a fraudulent investment target, the public also needs to increase vigilance, be careful with high-interest offers, and know self-risk profiles.

"People are usually entangled in fraudulent investments because there are lures, grayy traits, and feel capable of managing risks," said Senior Core Indonesia Researcher, Etikah Karyani Suwondo when contacted in Jakarta, Sunday, June 4.

The large number of people who are deceived by fraudulent investments, he said, indicates that public access to financial services is quite high (high financial inclusion), but financial literacy is not so good and needs to be improved. The public must also be aware of the high interest offers, because the higher the interest rates offered, the greater the risk.

"Because it is not guaranteed by LPS. This happens a lot to financial institutions such as Digital Banks that provide high returns above the LPS Guarantee Interest Rate (TBP). This means that if their interest is above the LPS TBP, then it is not guaranteed by LPS and it must be conveyed to customers," said Etikah.

For this reason, the public must be observant in choosing investment. Especially in paying attention to the logo of financial service regulators such as LPS. The reason is, many Financial Institutions (LK) use logos and derive LPS. In fact, LK is a non-bank, so if there is a problem, then the savings funds do not receive collateral from LPS.

Then, usually LK provides the lure of high profits in a short time and promises without risk. This often happens in the community, especially in consumers who tend to have grey properties. Then, there are also investment providers who are not credible. Therefore, make sure that investment companies have been registered and/or get permission from authorized institutions such as OJK.

"Illegal investment providers usually do not provide clear information or avoid critical questions," he said.

Contacted separately, Banking Observer Paul Sutaryono also agrees. That the rise of cases of fraudulent investment is due to the low financial literacy (financial literacy) of consumers. In addition, he added, this is also due to the low habitat of reading habits for consumers. Thus, many people do have good financial inclusion, but minimal financial literacy.

"Therefore, OJK and non-bank banks as well as non-bank financial institutions are required to continuously carry out education and socialization regarding banking products and services, investment and finance. These efforts are expected to increase the level of consumer financial literacy. Thus, cases of fraudulent investment can be reduced so low," he explained.

There are many things that must be understood and there are many challenges that need to be faced in investing. Moreover, the nature of grayy is very attached to investor actors, of course this is an opportunity for fraudulent investment providers to trick. Then how to overcome this 'gift' nature. The only way is to find adequate knowledge about investment.

Understand the principles of investment well. If you understand the principles of investment, investment actors will not be easily carried away by the mindset of 'gifts' and will not be controlled by fear.

Then adequate knowledge about investment is also important. In investing, you must also be calmer and wiser in making decisions. Thus, this 'gift' nature will disappear and invest more calmly.