The best knowledge is always from our own personal experience after we went through it personally and digest them! 1) ILP 2) Endowment 3) Term 4) DIY Investing Uncle8888 went through all the above! Read Articles relating to insurance
Honestly; we are sold based on our needs and our level of investing experience and knowledge at THAT TIME by agents whom we know them quite well and likely to trust them too. No need to bang your head if you have bought! That time was the right decision! But; now on hindsight that was wrong decision!
Last updated : 15 Sep 2018
I am 62 yrs old uncle living in HDB heartland who has achieved financial independence @ 56 and finally retired @ 60 from full-time job as employee on 1 Oct 2016.
Single household income since 1995 with three children. Eldest son and daughter are now working and youngest son still in his 3nd year Uni in SUTD.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 so I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I am now executing my Three Taps solution model to maintain sustainable retirement income for life till 2038.
Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.