I like to share this article from Bloomberg that highlights the fact that many investors are better off investing their time looking for a reputable professional to handle their funds,capital or retirement fund. It seems most investors could be hurting themselves more than they think.
First was the mini bonds episode, now we have Swiber defaults and more to come. It seems that most of such "exotic structured products" have been sold to the retail investors by the banks.
In their chase for low fees and so call guarantee returns, it may be best for investors to seek out a reliable and trustworthy professional to avoid such silly mistakes.
To sign up for such services, kindly contact me via email at ericohlh@gmail.com.
On top of investment advisory services, I also provide Life, Health and retirement insurance with general insurance needs such as travel, car, property insurance, etc to provide a holistic approach in investment, protection and retirement needs.
Fyi
Singapore Millionaire, 77, Joins Bondholders Who Want Demands Heard
and
“The only way to put ourselves in a position of some strength is to come together as a group,” said Tan, who said he owns more than $8 million of notes. “The whole bond market is really bad and you can expect a lot more defaults. The authorities should step up to protect investors and Singapore’s reputation as a major financial center.”
For details: click here