SINGAPORE investors are an overly-optimistic lot, with the millennials here particularly more bullish and confident of their investment returns, a survey has found.
The average investor in the city-state expects a 9.2 per cent minimum return on their investments per year, according to the Schroders Global Investor Survey 2016. This is a stark contrast to the average stockmarket yield of only 3.8 per cent.
This over-optimism is more pronounced among millennials, who expect a 9.6 per cent return on their investment per year compared to 8.9 per cent for investors aged 36 and over.
"Singapore investors are overly optimistic about income returns," said Schroders on Wednesday.
CW8888: Illusion impressed upon them by "Gurus" and Trainers, e.g. like this marketing line? ......
