Kübra-キュブラ
Community Tutor
Speaking from turkey, as someone who used to had no idea nor interest in economy, considering all the economic turmoils we experienced for the past couple of years and even still, I decided to learn what goes around now. So, our government has been trying to fight against foreign currency and keep lowering interest rates which eventually cause the very high inflation. Since Turkey' has been a developing country our economy should be flexible, right? And we need to get investment in to our market, however their policy is hard to understand. They try to cut off the western currency while opening the doors to eastern aka UAE, QATAR even Japan and China etc. The issue is that they don't do it in order, it seems they reach them at very crucial times, as if they don't plan it, rather what they do is like last minute investments to save the moment. And thats all the reasons that make your policy unreliable. It's unpredictable. Thast why, I decided to learn investment. Turks do not have a long-term investment culture. As a community that constantly struggles with inflation, we prefer short-term investments. It is generally invested in gold, foreign currency or property.However, I think such investments are somewhat outdated. I decided to learn the stock market. But it is difficult to grasp how the stock market works in Turkey. That's why I need channels where I can learn about the general operation of the stock market, research the reliability of companies and teach me how to take risks. Do you have any recommendations?
Nov 24, 2021 4:14 PM
Comments · 3
Sorry about that. I gave a corrected version below. I must have been switched to a different Community page without realizing it.
November 24, 2021
I'm speaking as a Turkish citizen, as someone who once had no idea or interest in the economy. However, considering all of the economic turmoils we've experienced for the past couple of years, I decided to learn more. So, our government has been trying to fight against foreign currency, and they keep lowering interest rates which eventually causes very high inflation. Since Turkey is a developing country, our economy should be flexible, right? And we need to get investment into our market. However, their policy is hard to understand. They try to cut off Western currency while opening the doors to the east, aka UAE, Quatar, and even Japan and China. The issue is that they don't do it with any plan in mind. Rather, they make last-minute decisions to save the moment. And that's why the policy is unreliable. It's unpredictable. That's why I decided to learn about investment. Turks do not have a long-term investment culture. As a community, we constantly struggle with inflation and prefer short-term investments. Generally we invest in gold, foreign currency, or property. However, I think such investments are somewhat outdated. I decided to learn the stock market, but it is difficult to grasp how the stock market works in Turkey. That's why I need channels through which I can learn about the general operation of the stock market; through which I can research the reliability of companies and decide which are worth the risk. Do you have any recommendations?
November 24, 2021