Asked by Anonymous
Updated on 18 Apr 2019
This boils down to how you define Better since better in my opinion may not necessarily mean better in your opinion.
Perhaps, take some time to understand yourself such as your risk appetite, knowledge, returns, as well as hunger to succeed.
If you are willing to take on some risk, as well as willing to learn about stock investing, perhaps this would be a better choice for you.
If you are willing to take on some risk, and would wish to be passive about your investment, you can consider Robo-advisors, ETFs, or speak to a financial advisor that can help you manage your funds.
If you are conservative, and would prefer to be passive in your investments, an endowment plan/Fixed Deposit/ SSB may cater to your needs.
Having said so, given your long horizon, I would assume that you are still young. Hence, do ensure that as you seek returns from saving up for retirement, you should also have adequate insurance coverage such as Health and Life Insurance.
You may also speak to me via my weblink below: https://brandanchen.manulife.sg/
You can consider talking to a finacial consultant. But do think through these factors: