The fact is that new gen Singaporean are more sophiscated. I
personally witness a larger percentage of these young Singaporeans
are involved in playing warrants and options. They think that the
stock is too slow moving for them to achieve the first barrel of
gold before they turned 30s.
Simply put it in this way, nowadays, there are alot of wonderful
stories of getting rich and retire young. These concepts fit the
Singapore dream perfectly. Most of these youngsters are fresh from
Universities and well read many theroms in "predicting" the stock
market movements.
Just few desks away from me, the young chap is playing the Hang
Sheng Indexes right now. Most of these youngsters love to do margin
trading.