What are your thoughts on Singapore Life's 3% Endowment Plan which offers guaranteed returns over 3 years for deposits between $1k - $6k? As opposed to SSB and FD? High opportunity cost/low returns?

This will be suitable for those who are very risk adverse. Personally I won't touch it as returns don't make sense for me.

Hi Gabriel,

I am not sure that people want to invest in endowment plans especialy in Singapore, where 17 years old boy/girl have good knowledge of stocks investment.

People in Singapore are more active toward financial planing as compare other countries. They know that how to make money with low risk of capital in short term period.

Don't you think that 3 percent of return is very less for 3 years investment.