No wonder more and more young gen into debts and loans.

[Voldermort]

Yesterday saw news intro What app from Gov one to managed your financial

from stocks investment blah blah whatever

Banks spokeman claim now a lots as young as 20+ already into investment etc.

On surface look " good " but backend is a trap to make More into loans and debts.

 

[Gluttony]

Did they get burned by recent meltdown from cryptocurrency?

 

[congo9]

Using cheap finance for investment is a sound move.
What else can bank do ? The only product banks are marketing is "Money".

Loan is their product.

As long as your loan wisely, it is as good as free money. Isn't how all these fund manager make their commissions ?

 

[countryman]

I see lotsa youngsters nowadays zipping around in branded continental cars....
How to afford 2k+ installments every mth for these youngsters?

 

[mojito]

How strange young people these days. When I was their age I into women and sex.

 

[countryman]

How strange young people these days. When I was their age I into women and sex.

A lot of youngsters nowadays are into paid sex unlike the good old days!

 

[mojito]

A lot of youngsters nowadays are into paid sex unlike the good old days!

Haha. Why pay for sex? Every body wants it no shortage any where. Only losers pay for sex!

 

[countryman]

Haha. Why pay for sex? Every body wants it no shortage any where. Only losers pay for sex!

Ha ha... That's the trend now.

 

[Pinkieslut]

Good news!

 

[TheGreatWhite]

Yesterday saw news intro What app from Gov one to managed your financial

from stocks investment blah blah whatever

Banks spokeman claim now a lots as young as 20+ already into investment etc.

On surface look " good " but backend is a trap to make More into loans and debts.

No choice lah. Younger ones like us salaries outstripped by asset inflation, hard to afford without gambling now. If dont do anything, zero. If everything crash, also zero. Why not take a risk?

 

[Peace Maker]

In my own opinion, the best investment is life or medical insurance as long as the insurance company does not close down. I regretted not buying any life or medical policy. Now it is too late due to having hypertension and many clauses are excluded & not claimable when one is hospitalized.

 

[Loofydralb]

Greed is the common denominator. Let them burn.