Dear readers, the Securities Investors Association Singapore (SIAS) and Beansprout are seeking retail investors’ participation in a survey.
The survey is a part of a broader effort to revitalise trading on the Singapore Stock Exchange (SGX) and aims to understand the needs and challenges faced by retail investors in Singapore.
The survey comprises 7 questions and 2 of the questions are noteworthy as follows.
What are the key reasons for not investing in Singapore stocks? (Select all that apply)
What are the key factors that would encourage you to invest in Singapore stocks? (Select all that apply)
Under each of the question, there are few options for investors to choose and there is one open-ended response for each question if the responder chooses to provide.
I believe the Singapore stocks markets may not be attractive to retail investors simply because they might have lost money investing in the Singapore stocks markets. Be it investing in the bigger name stocks (like NOL, Noble Group, Hyflux) or in former S-chip or penny stocks, many could have lost their monies. And then as the saying goes, once bitten, twice shy.
The three challenges of the Singapore stocks markets as I have repeatedly shared on this blog are as follows:
Singapore has passed the stages of rapid industrialisation and hence the heydays of many once good performing stocks like the telcos are over.
Singapore’s domestic market is small and limited, there is a certain limit to how SGX-listed homebased companies can grow.
Once Singapore’s SGX-listed companies venture abroad for a bigger market, there are bound to be risks that the companies have to navigate for better or worse.
The above are my inputs.
You may wish to participate in the Singapore Retail Investor Pulse Survey 2024 – Growbeansprout.com and stand to be one of the 10 lucky winners to win a $10 shopping voucher.