Chitchat Not just for the super rich: 8 in 10 DBS retail customers get dedicated wealth planning managers

[k1976]

There are far too many bank relationship managers in SG. They have to prospect everyone with more than 2 cents to rub between their fingers.

Moi too poor for to rub shoulder with them de woh

 

[k1976]

yah, 99% of the time, they don't even know what the fuck they are explaining

Peepur only trying to work for a bowl of rice mah

 

[Si1verwolf]

"This comes as all three local banks are aggressively pivoting to wealth management to offset lower profits from lending on the back of lower interest rates."

How very nice and honourable of them to come clean and admit that it's all for the sake of profit; Net Interest Income drop, so need to make up for it by casting the net wider and do wealth planning for the everyday man-on-the-street.

 

[True Believer]

"This comes as all three local banks are aggressively pivoting to wealth management to offset lower profits from lending on the back of lower interest rates."
How very nice and honourable of them to come clean and admit that it's all for the sake of profit; Net Interest Income drop, so need to make up for it by casting the net wider and do wealth planning for the everyday man-on-the-street.

Do you honestly believe that the multi-millionaire PAP Ministers are in Parliament to "serve" ordinary S'poreans? They are only motivated by the obscene wages on offer from a starting salary of $1 million per annum to the PM's annual wage of $2.2 million.

 

[Si1verwolf]

Just like your health, it's better to take ownership of your own wealth.

 

[Si1verwolf]

Why do these cases of old people and investment losses keep repeating? *LOL*

Money's made to be spent. Uncles and aunties, just spend your money while you may and be happy lah. On yourself, on your chewren, on your grand chewren. Just spend it and be happy.

Invest invest invest. Invest what?

Retired stockbroker sues Credit Suisse over US$26m investment losses in 2008​

https://www.straitstimes.com/singap...t-suisse-over-us26m-investment-losses-in-2008

Retiree sues Credit Suisse over $1.6 million in investment losses​

https://www.straitstimes.com/busine...t-suisse-over-16-million-in-investment-losses

 

[k1976]

Why do these cases of old people and investment losses keep repeating? *LOL*

Money's made to be spent. Uncles and aunties, just spend your money while you may and be happy lah. On yourself, on your chewren, on your grand chewren. Just spend it and be happy.

Invest invest invest. Invest what?

Retired stockbroker sues Credit Suisse over US$26m investment losses in 2008​

https://www.straitstimes.com/singap...t-suisse-over-us26m-investment-losses-in-2008

Retiree sues Credit Suisse over $1.6 million in investment losses​

https://www.straitstimes.com/busine...t-suisse-over-16-million-in-investment-losses

Many PG and MG have Sheepie herd behaviour, very few bothered to do any form of research, they always leave it to so-called experts, that is why many many fall victims to scammers in recent years

 

[Si1verwolf]