What next? Must pass exam to see if you can vote wisely?

[Confuseous]

One way to stop investors from investing in dangerous/sophisticated products they don’t understand is to make them sit for a test to make them fit or safe for the product. Another way of course is to make sure that dangerous/sophisticated products are safe before selling. Is making investors sit for the test not akin to passing the buck to the investors?

Would it be more efficient for the authorities to vet the products like the HSA checking edible products before allowing them into the market? Can’t imagine every individual would have to sit for a test before they are allowed to buy a new food product. Or should commuters be required to sit for a test, to know the nature of the train, before being allowed to board a train?

- http://mysingaporenews.blogspot.com/2011/12/whats-this-brilliant-or-what.html

 

[Glaringly]

One way to stop investors from investing in dangerous/sophisticated products they don’t understand is to make them sit for a test to make them fit or safe for the product.

Quite idiotic if you think about this statement.

It means "they" already knew a particular product is safe or not in the market?

 

[Capano2121]

If those idiots on the top know what is really going on, they would have conducted a thorough study of low or no emmission cars like diesel powered, hybrid or electrical cars. Instead all these category of cars do not enjoy any financial benefits for buyers and the govt is placing a higher taxation on these cars! I really wonder is it because the ministers are idiots by not knowing or are they idiots by listening to the porlumpars at the bottom of the totempole? Either ways, top & bottom are idiots! These are the kind of dumb dogs Sinkies are slogging to pay in these positions!

 

[rodent2005]

The best solution is don't buy any financial products.

This is a cop out by the highly paid PAP. They are trying to push all the shit to investors and shirk their responsibilities.

No amount of training, let alone a MCQ test, can make you investment guru over-night to fully understand the financial products you are buying.

 

[weetabix]

Got 10 yr-series ?