After years of falling debt yields and new technologies enabling one-click purchases of complex financial products, mom and pop investors around the world are making bets that put them at danger of getting burned.
In South Korea regulators are investigating sales of derivative-linked products that caused individuals to lose almost all their invested money. Chinese savers have ignored government warnings about possible losses on so-called wealth management products. In India, shadow banks whose woes have triggered a credit crisis have sold bonds to the public. The list goes on…
Full Article here: https://www.bloomberg.com/news/articles/2020-01-22/amateur-investors-risk-losing-everything-in-hunt-for-yields
Article originally published by ‘Bloomberg’. Greenfields Financial Management is not responsible for its content or accuracy and may not share the author’s views. News and research are not personal recommendations to deal. All investments can fall in value so you could get back less than you invest.