π Singapore the most expensive city is a compliment? πππ
Seems Singapore residents those who global mindset is more financial savvy and financial fit from the survey by HSBC. I take this as a compliment, as expensive city, Singapore is very advance in financial, even Tiger broker and many other online brokers open offices in Singapore so Singapore residents can have easy access to global stock market, but why ? Singapore residents is only few millions compare to other Asian country can be few hundred millions of residents.., i hope not because of Singapore people are easier to get influence but due to a better understanding lead to a better investment decision of individuals. π
Alice Fok, head of customer, international and marketing, HSBC Bank Singapore says: βWe see a strong link between having an international mindset and better FinFit score. A possible reason could be having the desire to study or invest overseas forces one to remain disciplined in saving and planning their finances to meet these goals.β
my POV : As the most expensive city we become famous, the little red dot π΄ become the most expensive city is also the price we paid because many wants to come here to stay, if not expensive how ? Even more people will come to stay.
If government continue to give help to citizens i think it would be great attraction to be able to balance, while the higher rank gets high pay, lower gets help, only more need to be done for the sandwiches like me π
That's why i come here to invest π
full article: https://www.theedgesingapore.com/edgeinvest/invest-101/news/investing-101/new-study-shows-singapore-residents-global-mindset-more-financially-savvy-hsbc
@TigerStars do you agree with me ? Weneed to invest wisely our hard earn money π
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
nice sharing [Like]