According to a survey conducted in 2021 among those who did not invest using digital assets and wealth management platforms in Singapore, 37.9 percent indicated it was because they were afraid of the risks involved. Lack of knowledge and the need of platform guidance followed in the top reasons for not investing on these platforms.
List of the reasons for not investing on digital platforms in Singapore in 2021
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United Overseas Bank. (November 10, 2021). List of the reasons for not investing on digital platforms in Singapore in 2021 [Graph]. In Statista. Retrieved May 05, 2024, from https://www.statista.com/statistics/1298357/singapore-reasons-for-not-investing-on-digital-platforms/
United Overseas Bank. "List of the reasons for not investing on digital platforms in Singapore in 2021." Chart. November 10, 2021. Statista. Accessed May 05, 2024. https://www.statista.com/statistics/1298357/singapore-reasons-for-not-investing-on-digital-platforms/
United Overseas Bank. (2021). List of the reasons for not investing on digital platforms in Singapore in 2021. Statista. Statista Inc.. Accessed: May 05, 2024. https://www.statista.com/statistics/1298357/singapore-reasons-for-not-investing-on-digital-platforms/
United Overseas Bank. "List of The Reasons for Not Investing on Digital Platforms in Singapore in 2021." Statista, Statista Inc., 10 Nov 2021, https://www.statista.com/statistics/1298357/singapore-reasons-for-not-investing-on-digital-platforms/
United Overseas Bank, List of the reasons for not investing on digital platforms in Singapore in 2021 Statista, https://www.statista.com/statistics/1298357/singapore-reasons-for-not-investing-on-digital-platforms/ (last visited May 05, 2024)
List of the reasons for not investing on digital platforms in Singapore in 2021 [Graph], United Overseas Bank, November 10, 2021. [Online]. Available: https://www.statista.com/statistics/1298357/singapore-reasons-for-not-investing-on-digital-platforms/