Ilp normally is advise to pay monthly as to tap into DCA strategy. So you are paying monthly or yearly? I would suggest you to talk to your fren. I don't think u got cheated. At that point of the sale,you dont really understand. Right now, i neee understand what are the funds you invested in, 2nd) what model of ILP isit... It will be best to show the policy document to let us go through. Lastly, talk to you fren... 14 days free look period is up.. So either u make a decision to cut loss or continue... U need to understand your time horizon and what is passive investing. What is your risk appetite? #planwithcolin

Hi, wow that you managed to save 40k.. Took you how many years to save? Anyway a point to note is that have you set aside emergency funds? Should be around 6 to 12 months of your income or expenses. How to allocate emergency funds Example: Income come in spilt into 50% expenses, 10% into insurance, 10 to 20% to emergency funds. The rest go into investment. You can first start your investment journey by doing passive investing( robo advisors, investment linked products), In your later years whereby you have more income and more experience... You can start to active investing, all these takes time and effort. Hope i have give u an idea. If you are unsure, you can pm me. #planwithcolin

May i ask why choose Singtel? did you do your research? In fact you can put money into better stocks. Anyway, you can lump sum the whole 50k if you are sure that the stock will continue to head north or other 2 tranches of 25k each... Outsider wont be able to advise you as you will be the 1 to make the decision. Pros of lump sum now is, if it is now rallying up your lump sum will reap the rewards... But if it takes a couple of years to get back to the peak or takes years to recover... Your lump sum is stuck for a long time. 2 tranches of 25k each is to give yourself some leeway in case the market goes down again... You can average down. With the recurring of covid19, you might not know what will happen... For me, i do in tranches.. But not on a single stock. My tranches is park into different stocks. What i did was in Mar, i invest 20% of my funds to few stocks... And in April, i inject new funds into another stocks, in May i did the same... I did my research and see which stock is undervalued before going. My current portfolio lies heavily in US stocks probably 50%, my SG stocks are 35% and my Hk/china stocks is around 15%.

Hi, I suggest u to avoid airlines stocks. top fund managers like Terry Smith do not invest in airline or Warren Buffett has recently sold off all his airline stakes. Hope it answer your question

Hi, Most companies are now doing digital platform meaning you can login to view your portfolio. However if the agent didnt update u on the investment or didnt get in touch with u for long periods...maybe u need call them or request to change of advisor. You can reach out to me if your ILP doesnt belong to Pru, GE or AIA #planwithcolin

Hi, in the current climate, it will be best to break into tranches. 10 tranches of 10k? you also need to assess your risk and understand yourself. how much are you willing to lose? Your time horizon, your age ? Are you in the growth team or dividend team? or both? Have you open investment platforms? Hope this help...hope u can reply so that i can asnwer more of your questions. #planwithcolin

Hi, First if u already factor in setting aside your emergency funds and this $100 is excess money and you want to invest in robo advisors, you can do so. I will recommend stashaway as your first robo advisor platform. 1) it has user friendly interface. 2) it assess your risk profile. 3) it primarily focus on ETFs(US), 4) it allows you to set goals. 5) it allows you to dollar cost average every month, every week, or daily. 6) passive investing , no need spend time to do your research. Hope this helps. you can reach out to me if you would like to understand more on financial planning. #planwithcolin

If you have finish paying off the mortgage, your house is your assets. the value of the house can be determine by valuation from the bank or market sales... it may not be your purchase price cos got chance that the house value will drop. if you are still paying the mortgage, it is still under your liabilities.

Wow this is very ambitious goal.. you are 19 years old, to achieve 100k by 25 years old...you have 6 years...if u save 1000 per month and get a returns of 10% per annum...you probably will achieve 100k. So u need to ask yourself... do u have the risk appetite to invest in riskest assets? equity? if you have, you can look at various investment: passive investment: robo advisors, ILP, etc active investment: building your own portfolio. FSM, Interactive brokers, etc you can reach out to me to understand on how to achieve your goals and also planning for the future. #planwithcolin

Hmmm for me i will not pick both... but to reply your question...i will opt for reits. reits is at a new low and its possible to have growth and dividends after 10 years.