Hong Kee are protest again, complaining that they didn't aware of the high risk of the structure products. Some even said they thought it is like Bank Fixed Deposit, no risk. They claimed the intermediaries who sold this product to them should be liable for their losses. They put the blaim on the governance body as well.
At the moment i read the news, found out Hong Kong retail investors have not less than HKD 12 billion exposure on Lehman's mini-bond (Correct me if i am wrong).
" Risk is always associated with the return "
This has always be the case for putting our money in whatever channel. Put our money in banks, we need to bear the guarantee limit risk. Not all countries put no capping guarantee on all deposits. Glad those countries which assure all deposits with no capping limit.
Put money in investment channel, such as property, shares or financial products do have risks too. But without "money makes money", can we fight with the sky high inflation ?
At the moment i read the news, found out Hong Kong retail investors have not less than HKD 12 billion exposure on Lehman's mini-bond (Correct me if i am wrong).
" Risk is always associated with the return "
This has always be the case for putting our money in whatever channel. Put our money in banks, we need to bear the guarantee limit risk. Not all countries put no capping guarantee on all deposits. Glad those countries which assure all deposits with no capping limit.
Put money in investment channel, such as property, shares or financial products do have risks too. But without "money makes money", can we fight with the sky high inflation ?
Posts
No comments:
Post a Comment