Investment question from ocbc

Caveat Emptor or buyers beware. Who is THAT PERSON from OCBC and what investment instrument is he trying to sell you? Anything that is too good to be true is never true. Get that person to put everything in writing and on official OCBC letterhead, signed and stamped, then check the facts and consult some experts (if you have friends or relatives with an accountancy or finance degree, they can help). Don't trust anyone where money is concerned. Better to be safe than to be sorry.

It's hard to say if this investment is safe without more information about the investment product and the underlying assets that it's invested in. However, here are a few things to consider:

• An 8% guaranteed return for 10 years is quite high, especially considering that historical returns for most investments have been much lower.
• The fact that you cannot withdraw any money for the first 10 years is a big commitment and may not be suitable for everyone.
• The investment advisor's past 10-year record of 11% returns is not a guarantee of future performance. Big red flag if you ask me.
• It's important to understand the risk involved in this type of investment and to make sure that it's a suitable fit for your overall investment portfolio and risk tolerance.

It's important to consider all of these factors before making a decision. It would be wise to consult with a certified financial planner to better understand the investment product and the risks involved.

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Hope this helps you put your best foot forward! Jiayou!

No investment return is ever guaranteed. The fine print would be "past performance is no guarantee of future results" :)

"they say 8%" means this is conveyed through speech. Make the guy print "8%" in black and white on the policy or whatever document you gonna sign then the rate will be guaranteed. Otherwise, there is absolute risk involved.