HSBC Expat Review

  • Should I invest with a bank?
  • Isn’t it more convenient to invest and bank with the same firm?
  • Are banks expensive for investing compared to platforms and currency apps?
  • Do banks tend to only sell their own products and funds?
  • Aren’t bigger names safer?
  1. To avoid emerging market banking, especially in unstable countries.
  2. To avoid black swan events, I want diversification in terms of banking options. Even though I come from the UK, which is a fairly stable country, I awant to have non-British banking options……just in case the UK goes into political turmoil and elects a radical government.
  3. I also want speed and convenience, and not to have to open and close bank accounts every 3–4 years.
  • Invest in Google stocks, if they use Google search more often.
  • Invest in a company they drive by on the way to work.
  • Invest in the company they work for, and therefore doubling their risk if the company goes bankrupt.
  • Assuming that big name company stocks are safer than the broader market.
  • Invest in stocks only in their home market
  • Invest in stocks in the sector they work in

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