Financial investing : a rigged game?
Singapore is a renowned global financial hub, with financial investments forming a crucial part of Singaporeans’ daily lives. While perceived as a good way to earn some returns and potentially better one’s lifestyles, is the investing activity itself actually ‘rigged’ against those socioeconomically...
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| Format: | Final Year Project (FYP) |
| Language: | English |
| Published: |
2019
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| Online Access: | http://hdl.handle.net/10356/78831 |
| _version_ | 1826114497186627584 |
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| author | Chong, Min Jian |
| author2 | Zhan Shaohua |
| author_facet | Zhan Shaohua Chong, Min Jian |
| author_sort | Chong, Min Jian |
| collection | NTU |
| description | Singapore is a renowned global financial hub, with financial investments forming a crucial part of Singaporeans’ daily lives. While perceived as a good way to earn some returns and potentially better one’s lifestyles, is the investing activity itself actually ‘rigged’ against those socioeconomically disadvantaged, thus reinforcing societal inequality? Drawing on qualitative interviews with eight middle class investors, this study seeks to uncover the similarities and differences in aspects within financial investing between different socioeconomic classes. From these, and tallied with past studies, it can be seen how the investment game in Singapore is inherently ‘rigged’ for the lower-middle class. Their lesser amounts of capital and socialized tendencies have shaped their investment attitudes and behaviours which left them with relatively disadvantaged investment outcomes. This contrasts against upper-middle class investors, whose higher amounts of possessed capital have positioned them for better investment outcomes through more advantageous investment tendencies and actions. |
| first_indexed | 2024-10-01T03:40:08Z |
| format | Final Year Project (FYP) |
| id | ntu-10356/78831 |
| institution | Nanyang Technological University |
| language | English |
| last_indexed | 2024-10-01T03:40:08Z |
| publishDate | 2019 |
| record_format | dspace |
| spelling | ntu-10356/788312019-12-10T13:47:35Z Financial investing : a rigged game? Chong, Min Jian Zhan Shaohua School of Social Sciences Social sciences::Sociology Singapore is a renowned global financial hub, with financial investments forming a crucial part of Singaporeans’ daily lives. While perceived as a good way to earn some returns and potentially better one’s lifestyles, is the investing activity itself actually ‘rigged’ against those socioeconomically disadvantaged, thus reinforcing societal inequality? Drawing on qualitative interviews with eight middle class investors, this study seeks to uncover the similarities and differences in aspects within financial investing between different socioeconomic classes. From these, and tallied with past studies, it can be seen how the investment game in Singapore is inherently ‘rigged’ for the lower-middle class. Their lesser amounts of capital and socialized tendencies have shaped their investment attitudes and behaviours which left them with relatively disadvantaged investment outcomes. This contrasts against upper-middle class investors, whose higher amounts of possessed capital have positioned them for better investment outcomes through more advantageous investment tendencies and actions. Bachelor of Arts in Sociology 2019-07-05T08:14:11Z 2019-07-05T08:14:11Z 2019 Final Year Project (FYP) http://hdl.handle.net/10356/78831 en 33 p. application/pdf |
| spellingShingle | Social sciences::Sociology Chong, Min Jian Financial investing : a rigged game? |
| title | Financial investing : a rigged game? |
| title_full | Financial investing : a rigged game? |
| title_fullStr | Financial investing : a rigged game? |
| title_full_unstemmed | Financial investing : a rigged game? |
| title_short | Financial investing : a rigged game? |
| title_sort | financial investing a rigged game |
| topic | Social sciences::Sociology |
| url | http://hdl.handle.net/10356/78831 |
| work_keys_str_mv | AT chongminjian financialinvestingariggedgame |