Personal Finance
The FOMO economy: Is everyone making money except you? | Thoughts on an article from Bloomberg
By Singaporean Talks Money  •  June 16, 2021
Some reflections on this article I came across while scrolling through social media, I  related to the title of the article and it attracted me to take a closer look at it. I do feel that investing is being "stuffed" into everyone's face nowadays, as staying home and the rise of brokerages that promote gamification or make investing look/feel like a game is getting more popular. As news on meme stocks and cryptocurrencies appear frequently, examples of people 1000X and even becoming millionaires explodes on both social and news platforms. It seems that as long as you invest, you are bound to profit as communities are formed around these investments. I consider myself to be rather risk-adverse which explains why my portfolio has not exploded in size. I like to make sure things ar...
Read the full article
By Singaporean Talks Money
I am currently a 23 year old university student in SIM. I hope to be able to grow my money and see the power of compound interest. I became interested in investing when I took a gap year and worked full-time. I realized that by just saving, it was very difficult to achieve my financial goals hence i read up on investing.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance