Personal Finance
What Happened To Hyflux And Why You Should Care
By Seedly  •  April 3, 2019

So, you may have heard of the recent Hyflux protests.

Ok cool. So a bunch of people lost money to a company because it was once backed by the gahment. 

In fact, we’ve even had some of our community members talking about it on our Seedly Q&A platform.

So why should I care?

You should care because there are lessons we can learn from this particular incident. With the biggest being: don’t blindly invest your money into something that you don’t have a full understanding of.

TL;DR: Hyflux Happened And This Is What We’ve Learnt Do your due diligence! Always do adequate research into the areas you decide to invest in! Never assume that any investment is safe simply because the government ONCE invested in it You are solely responsible for your own choices and actions. No one owes you anything, more specifically in this case, not even PUB....
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By Seedly
Launched in 2016, Seedly helps users make smarter financial decisions with its budgeting app which allows its 40,000 users to sync up their financial accounts and better manage their cash-flow. Last year, we introduced a new community feature which allows users to crowdsource knowledge from peers before making a financial decision.
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