Is it worth putting them into blue chip like DBS and monitor for shares growth and sell off? For blue chip investment, best to do direct or go through broker?

Hi, if I were you, I'll stay away from the endowment plan.

This is why:

1. The returns from the endowment plans isn't amazing, and it locks your funds up for such a long period of time.

2. It conforms you to continue paying during the premium term, even if you are out of a job or you have an emergency that requires you to immediately cash out all of your money.

3. The endowment plan likely has an allocation of 70% fixed income instruments and 30% equity. Heck, why not skip through the agent's commissions that goes through the manager, the director and the group ditector, the company management fee, etc etc, and do it yourself?

In conclusion, you should go ahead and invest yourself in blue chips you are comfortable with.

I'd suggest if you know what you want to buy, just go direct and invest through any of the brokers like DBS Vickers and UOB Kay Hian etc.

All the best to you for your investment journey.

Cheers.

Perhaps, try Stashaway app/website where it is geared towards investment. It is MAS-regulated. The investment picks they recommend are ETFs which have a lower expense ratio, so meaning you don't pay as much as a sales charge in a unit trust.

Added, please set aside 6-12 months emergency funds before you start to invest.