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Anonymous
What is the best investment plan now in the market, be it from insurance companies or banks?
I would like to purchase a pure investment plan but do not know which is the best. I kinda not want an ILP since i dont need any coverage.
What i want a plan to be able to do is:
-obviously grow my money
-able to withdraw the money maybe after 3 years?
- not me / my agent managing the funds ill be investing
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Elijah Lee
13 Jun 2020
Senior Financial Services Manager at Phillip Securities (Jurong East)
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I enjoy AIA and great eastern as previously done claim is fast. You can compare and checkout individual agency.
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Loh Tat Tian
04 Jun 2020
Founder at PolicyWoke (We Buy Insurance Policies)
My question to your question.
Can you understand that investments are non-gauranteed (especially wi...
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Hi anon,
It sounds like you will be better off opening a trading accout and investing on your own. If you don't want an ILP, then there isn't really anything from an insurer to suit you.
As others have mentioned, there isn't any guarantee on investments. You don't have to 'purchase' a investment plan to invest. There are many methods such as RSP, Share Builders, etc. Directly investing will give you the ability to liqudiate at any time.