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Buy the dip statistics
27% of Singaporean adults plan to “buy the dip”.
Over a quarter of Singaporeans (27%), or an estimated 1.4 million people, say they’ll be “buying the dip” in 2022, according to a survey of 1,008 Singaporean adult Internet users.
20% of Singaporeans already own shares and plan to buy more should the market drop significantly, while 7% say they don’t yet own stocks but plan to buy if the market crashes. Meanwhile, 10% of Singaporeans already own stocks and don’t plan on buying more if the market dips.
How are the sexes investing?
Men are more likely to “buy the dip” than women, with 30% of men planning to buy stocks at a discount if the market crashes compared to 24% of women.
How investing preferences differ by age
The younger you are, the more likely you are to plan on “buying the dip” in 2022. 2 in 5 (41%) Singaporeans aged 18-24 plan to buy stocks, compared to just 22% of those aged 65 and above who say the same.
How popular is “buying the dip” in other countries?
Of the 4 countries Finder surveyed, Singaporeans are most likely to plan on “buying the dip”, with 27% of Singaporean adults expressing plans to buy if the market crashes. Around 19% of people in Canada say they’ll buy stocks if the market drops, while just 12% of Brits plan to “buy the dip”.
Methodology
Finder used Google Survey to poll 1,008 Singaporean Internet users. Due to the varying Google infrastructure in each territory, not all surveys were nationally representative. Where a nationally representative sample was unavailable, a natural fall/convenience sample was used. For these, Google didn’t use stratified sampling but did apply weights to the survey results if the demographics of the survey respondents didn’t vary too far from demographics data. The details of Google’s survey methodology can be found here.
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