Looking beyond the Buy Now, Pay Later hype ⚖️
Buy Now, Pay Later is actually an old product with a new design. It is very well marketed. BNPL also adapted to the demands of young consumers ( particularly Gen Z ) and technology.
There are certain degree of risks for young consumers but mostly these young consumers need to be aware of how much they are spending whilst managing their finances wisely and prudently.
Q) Can we apply BNPL concept to investing?
A) Definitely, why not? Overall, it’s a great innovation that requires some thought from policy makers to ensure young consumers and the community are adequately protected from the risks of excessive credit.
There are certain degree of risks for young consumers but mostly these young consumers need to be aware of how much they are spending whilst managing their finances wisely and prudently.
Q) Can we apply BNPL concept to investing?
A) Definitely, why not? Overall, it’s a great innovation that requires some thought from policy makers to ensure young consumers and the community are adequately protected from the risks of excessive credit.
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HopeAlways : The BNPL concept to investing is workable but the risks associated with credit must be carefully managed.
HuatLady : Your analogy of the BNPL methodology to shares' investment sounds interesting but will definitely require close astute monitoring.
HuatEver : I like ur innovative idea of considering BNPL method to trade.“Nothing Ventured, Nothing Gained” , but trade wisely.
Syuee OP HopeAlways : I concur. BNPL concept to investing is feasible but credit risk must certainly be carefully managed. And, policymakers should also make sure that the community, especially the younger Gen Z are adequately protected.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Syuee OP HuatLady : Agree. Thank you for sharing.![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Syuee OP HuatEver : I like your expression. Indeed, nothing ventured, nothing gained.
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
Ultimately, trade sensibly.
KT88 : I very much agree!
Syuee OP KT88 :![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
![[undefined]](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36 "undefined")
HavetoStartSomewhere : Praying people pay with future money but unable to repay it and charge high interest sound low credit card but with no profiling.