Great Eastern ILP - Worth buying?

You can treat the ILPs as part of your asset allocation portfolio, depending on the types of fund you selected. ILPs is suitable mostly to the group of people who do not have time to do their own investments, or find it difficult to learn. Buying ETFs carries its own risk too as the DCA into an ETFs during market euphoria can be a low risk-reward decision. ILP funds are managed by professional fund managers.

investment can be done on your own, but it requires you to put in consistent efforts on rebalancing your portfolio and understanding when it is time to buy/sell.

​

6% is actually a decent return, if it can be mantained over the long term. I honestly doubt everyone investing on their own here is doing better than 6% per annum.

​

There are reasons why financial/wealth advisors still exist.

Looks ok

Be prepared that ipl will not breakeven maybe in a decade.

So you need savings or investment. If you can put this $200 to generate better returns, why not

If the stock is undervalued, has strong growth potential, consistent dividends, and favorable market conditions. slice master more...