tag:blogger.com,1999:blog-3181092508079063607.post902924453971232881..comments2023-09-08T13:26:32.828+08:00Comments on Lizardo Realm: Endowment Plans for Child EducationLizardohttp://www.blogger.com/profile/14051784505115265030noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-3181092508079063607.post-35097649012879720632014-09-08T21:12:43.410+08:002014-09-08T21:12:43.410+08:00M,
You rightly pointed out the risk angle involv...M, <br /><br />You rightly pointed out the risk angle involved.<br /><br />Retails bonds (currently limited) could well be another viable option in due course.<br /><br />I noticed many insurance actually pool into an investment portfolio with 70-90% bonds. So it's probably about the same doing so DIY. And less the management fee involved.<br /><br />Thanks for sharing your views.<br />Lizardohttps://www.blogger.com/profile/14051784505115265030noreply@blogger.comtag:blogger.com,1999:blog-3181092508079063607.post-69264296797258336582014-09-08T20:56:13.811+08:002014-09-08T20:56:13.811+08:00"Hard to appreciate why I would want to place..."Hard to appreciate why I would want to place my money giving return of <4% when I would probably be better of buying say the STI ETF?"<br /><br />There is a reason for you to do so rather than investing in ETF. The return of ETF average about 8-10% over 10 -20 years period. The word is average, and is not "yearly". When you need money when your children hits 18 or 20, the endowment plan will provide a sure sum of money, though the return is low at 3-4%.<br /><br />But if you put the money in ETF, u will not be sure you will get a reasonable sum with certainty. It depends on the market situation at that time. It also depends on your behaviour over the holding period. If u need certainty, the endowment plan is more suitable, IMO.<br /><br />If u are really confident of yourself, maybe a better way is to invest a substantial amount in a better rating bonds with the rest in ETF. This will give some certainty, and possibly higher returns than the endowment plan. Else, just buy the plain vanilla education endowment plan will be good.<br /><br />Just my comments.<br /><br />MAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-3181092508079063607.post-80062231924802491922014-09-01T18:37:08.491+08:002014-09-01T18:37:08.491+08:00Hi Rolf Suey,
Looks like we have had the same exp...Hi Rolf Suey,<br /><br />Looks like we have had the same experiences. <br /><br />But I don't blame the insurance agencies for pushing their sales. It did do some good for the poorly informed. Would have been better off than not doing anything even.<br /><br />But it's such a joy to discover there is a better way. 8)<br />Lizardohttps://www.blogger.com/profile/14051784505115265030noreply@blogger.comtag:blogger.com,1999:blog-3181092508079063607.post-51852650456481740022014-08-30T21:38:18.258+08:002014-08-30T21:38:18.258+08:00Hi Lizardo,
People always have a false impression...Hi Lizardo, <br />People always have a false impression that investment is risky whereas insurance-investment linked plan use the word "insurance savings etc" that give people more assurance and false impression that it is less risky. Plus some coaxing from the agents (friends and relatives etc), those financially inept will park their money with insurance agents/companies! I was one of them in the past, not anymore though! <br />RS Rolf Sueyhttps://www.blogger.com/profile/10723925075715114650noreply@blogger.com