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Getting hurt chasing yields – Part 1
Some of the most popular asset classes Singaporeans love are REITS, bonds, and stocks that pay a high dividend yield. And understandably so, because we are so sold on the idea of generating consistent, sustainable passive income to cover our expenses. It has almost become like a Singaporean dream to invest for income.
There is nothing wrong with that and it is great that people are taking charge of their financial welfare. But that eagerness has caused many to be blindsided to the risks involved. And many more have been taken advantage of by financial institutions.
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