Advertisement

HL Low

21 Jun 2020

∙

Do you recommend to put around S$5K to short term endowment plans or use it to invest, considering the current COVID19 situation?

3

Discussion (3)

What are your thoughts?

Learn how to style your text

YT

20 Jun 2020

It would depend on whether you have use for the money in 3-5 years' time. Personally, I would just invest it since I have no upcoming need for large amount of cash. Short term endowment plans currently are around 2%++, which I can use Singlife's account for similar (though not guaranted) performance. Investing may potentially achieve higher returns over long period.

Reply

Save

View 2 replies

Write your thoughts

Related Posts

Hi, I'm 28 years old, planning to put my money somewhere instead of bank. Should I do short term endowment plan (10 to 20 years) or long term (until 100 years of age)? Or retirement plan? Thank you?

27 years old Investment noobie, planning to get a long term endowment (25years) plan for retirement. what endowment is recommended?

Hi! I’m planning to put aside $1k-1.5k per month to invest in stock market. Any recommendations where I can read up and invest into? Thanks! (Can put in for long term, no need for next 20-30 years)

I'm currently putting in $100/mth into STI ETF and $1000 into SSB. I am looking at next is investing in REITS through a brokerage. Should I buy a lot or 1000 shares if I have around 1k-5k to invest?

Christopher’s sharing on term insurance was useful. What kind of insurance plans are endowment plans considered under?

Related Posts

Hi, I'm 28 years old, planning to put my money somewhere instead of bank. Should I do short term endowment plan (10 to 20 years) or long term (until 100 years of age)? Or retirement plan? Thank you?

27 years old Investment noobie, planning to get a long term endowment (25years) plan for retirement. what endowment is recommended?

Hi! I’m planning to put aside $1k-1.5k per month to invest in stock market. Any recommendations where I can read up and invest into? Thanks! (Can put in for long term, no need for next 20-30 years)

I'm currently putting in $100/mth into STI ETF and $1000 into SSB. I am looking at next is investing in REITS through a brokerage. Should I buy a lot or 1000 shares if I have around 1k-5k to invest?

Christopher’s sharing on term insurance was useful. What kind of insurance plans are endowment plans considered under?

Advertisement