Investors lose money all the time. It is not the first time and it won't ever be the last. Often, retail investors who couldn't afford to lose their hard-earned money fall victims to their own greed and are also done in by their utter lack of due diligence/incompetency in the investments they put their money in.
Many lost money through unregulated investment schemes and frauds hatched to swindle money. But, what about the "supposedly regulated" stocks or securities listed on the SGX, the bond market supposedly governed by regulations in Singapore? This certainly raises eyebrows.
Curious case of a retiree parading outside a local bank. Just what did he invest in?
Sounds like very poor due diligence. As a frequent reader of 30 Year Old Investor, you would know by now that K.C. always advocates against putting our money with unregulated "alternative investments". As shared in a previous blog post, I suggested...
