Bengkulu, July 22, 2024 - The Capital Market Study Group (KSPM) of the Faculty of Economics and Business, Bengkulu University (FEB UNIB) has successfully held a National Webinar “FOMO: Financial Optimization, Mindful Option” with the theme ‘Optimizing financial decisions with mindful operations to avoid the pitfalls of FOMO’. This activity is one of the concrete efforts to increase the understanding of the participants, who are mostly students, about optimal and wise financial management, and avoid financial decisions driven by the fear of missing out or Fear of Missing Out (FOMO). This webinar took place online via zoom meeting and was attended by 101 participants from various regions in Indonesia. The activity started from 13:00 to 17:00 WIB, participants were present with high enthusiasm to learn how to optimize their finances, understand wiser financial choices, and avoid making decisions driven by Fear of Missing Out (FOMO).
Through this webinar, participants have obtained various interesting materials from 2 resource persons who have broad insights into the world of capital markets and investment. The first speaker, Mr. Rais Mitra Mahardika, who is the Economic Analyst Unit Officer of IDX, presented material on Economic Development and the Indonesian Capital Market. In this webinar, participants were given an overview of the Indonesian capital market and also explained what the JCI is and the JCI movement over the past 10 years which has shown positive performance. Then the second speaker, Mr. Aryad Satriawan, who is part of the Warkop Saham community, provided material on Strategies to avoid FOMO in Investing. In this activity, participants were given real examples of losses due to FOMO and some of the causes of this.
The purpose of this webinar activity is to help participants understand the Indonesian capital market and help participants avoid losses due to irrational decisions caused by FOMO. After participating in this activity, participants are expected to better understand the Indonesian capital market, as well as improve their financial and investment literacy, so that they can manage their finances and make wise decisions to achieve financial stability and prosperity.