Property
PropNex 20th Anniversary Lucky Draw: “Treasure at Tampines” Condo Unit (for 1 winner) + S$50k cash (among 9 winners)
By The InvestQuest  •  May 20, 2021
Introduction Two months ago, I received a link to a PropNex lucky draw. I was about to shrug it off but the prizes caught my attention “Brand New Condominium and Cash Prizes worth over $800,000” As a child, I used to frown at adults buying lottery. Didn’t these adults learn about probability and how to compute expected value? Fast forward to today, and my wife is the one now frowning at my occasional lottery purchase. I justify to her that even if I don’t win, I’m contributing to fulfilling someone’s else’s dreams. Furthermore, a large part of the profits made by Singapore Pools is channeled to social causes. Hence, its akin to buying a seat at a charity dinner which happens to also have a lucky draw. Long story short, I submitted my personal particulars for the PropNex Lucky Draw....
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By The InvestQuest
The Invest Quest was founded on the premise that the average investor makes sub-optimal investment decisions as a result of information asymmetry. It is our hope that this platform will narrow the information gap against the “smart money”.
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