As from April 2013 my Journey in Investing is to create Retirement Income for Life till 85 years old in 2041 for two persons over market cycles of Bull and Bear.

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This blog is authored by an old multi-bagger blue chips stock picker uncle from HDB heartland!

"The market is not your mother. It consists of tough men and women who look for ways to take money away from you instead of pouring milk into your mouth." - Dr. Alexander Elder

"For the things we have to learn before we can do them, we learn by doing them." - Aristotle

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Monday, 11 May 2009

Insurance - Enhanced Endowment Policy Suck!

Received the annual policy statement from XXX Insurance Co that the previous projected maturity value has been revised to current projected maturity value reducing by -5.8%. It was revised last year and further revised this year. Really suck! And you only know the final outcome after years of trusting them. This is for my children Uni Fund maturing in this Oct 2009.

I am not quite sure how you people plan your children Uni fund?

Read? Endowment plan as investment - really suck!!!
Posted by Createwealth8888 at 20:34
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