Jim Ng

Marketing Strategist at https://www.bestseo.sg

07 Jun 2019

∙

Attention: Anyone that purchases endowment plans from roadshows?

Have you considered Singapore Savings Bonds as an alternative? Why do you still purchase endowment plans at roadshows?

Read about my calculation and comparison:
https://savesmartsingapore.com/2018/10/27/the-d...

3

Discussion (3)

What are your thoughts?

Learn how to style your text

Hariz Arthur Maloy

07 Jun 2019

Independent Financial Advisor at Promiseland Independent

There are endowments that can achieve higher returns than the SSB.

If you're worried about needing the money halfway, then you shouldn't be investing anyway, set aside a emergency fund for that.

Also SSBs are only for 10 years, endowments and annuities can provide multiple generations of income, guaranteed.

Reply

Save

View 2 replies

Write your thoughts

Related Posts

Am looking at short term endowment plan for savings, anyone know when the Great Eastern Great SP Series 3: 3-Year Endowment Plan with 1.55% p.a. Guaranteed Returns offer will end?

Hey expats, has anyone tried to get out of an endowment plan or an investment-linked plan (ILP) without losing a lot of money?

OCBC asked me to take up a 10 year savings endowment plan and purchase funds from Lion Bank Asian Fund or Lion Bank Core Funds. Should I take this up, or invest in STI ETF + Bluechips + SSB and REITs?

My mum who is not financially savvy purchased numerous ILP endowment plans that she has to keep paying till she is 75 when it matures. What should we do?

Should I use a robo-advisor or purchase an endowment plan?

Related Posts

Am looking at short term endowment plan for savings, anyone know when the Great Eastern Great SP Series 3: 3-Year Endowment Plan with 1.55% p.a. Guaranteed Returns offer will end?

Hey expats, has anyone tried to get out of an endowment plan or an investment-linked plan (ILP) without losing a lot of money?

OCBC asked me to take up a 10 year savings endowment plan and purchase funds from Lion Bank Asian Fund or Lion Bank Core Funds. Should I take this up, or invest in STI ETF + Bluechips + SSB and REITs?

My mum who is not financially savvy purchased numerous ILP endowment plans that she has to keep paying till she is 75 when it matures. What should we do?

Should I use a robo-advisor or purchase an endowment plan?