Anonymous

27 May 2020

∙

General Investing

What’s the difference between investing in stocks and unit trust? Should I go with an insurance company or an independent financial advisory firm?

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Tay_WenHao

27 May 2020

Why not DIY? If you go with insurance company or financial advisory firms, your return on investment (ROI) will be affect. Simply because they dont work for free.

If you are buying into Unit Trusts, its already managed by assest managers. And yes, they already take a cut on the ROI. If you go thru more 'middleman', your profits will definitely be affected.

But if you are someone that earns $10,000/mth or something along that line that have no time to manage your own investment, and you die die must get an advisor, I'll recommend you to get a broker or investment advisor.

DO NOT GET A INSURANCE COMPANY or INSURANCE AGENT. As the saying goes, never mix investment with insurance. I am not a fan of Investment Linked products. The ROI are greatly affected due to the insurance portion in ILP.

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