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#1
07-04-2020, 10:10 PM
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Should John Tan Borrow Money From The Bank To Punt In Stock Market Like Insurance Age
An honorable member of the Coffee Shop Has Just Posted the Following:
Record low interest rates are tempting some retail investors in Singapore to load up on debt to buy shares, just as the coronavirus pandemic creates the most volatile markets since the global financial crisis in 2008-2009. Earlier this year, 31-year-old insurance agent Heng Kai Sheng got advances on three separate credit cards to the tune of $150,000. With the money, he opened a share financing account at a local bank and pledged the lot as collateral. He was granted leverage of... Should John Tan Borrow Money From The Bank To Punt In Stock Market Like Insurance Agent Heng Kai Sheng? Click here to view the whole thread at www.sammyboy.com. 
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