Crowdfunding is heating up in Singapore with more and more projects lining up for investors to choose from. Given that the property and stock markets are performing badly, some investors may be interested to turn to alternative investments such as crowdfunding.
That said, crowdfunding has yet to reach the early majority.
This is understandable as crowdfunding has not been regulated by the Monetary Authority of Singapore (MAS) (yet), and most investors tend to be cautious and prefer to sit out at the moment.
Also, investors may not comprehend and accurately assess the credit risks that they might be exposed to. Would their portfolio of crowdfunding projects be able to withstand the default rate and edge out a positive return?
Thinking about these questions is certain enough to tire the potential investor, and the easiest thing is to do nothing.
But what if you can try crowdfunding without risking your money?
CoAssets launched the ......