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

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Tuesday, 30 March 2010

Saving, Life Insurance and Investing - 2nd Revist

Someone asked "My mother is thinking of buying a 5 years insurance plan with a single premium of $10,000. She is still in good health and the reason she's buying is to get safe returns that are higher than the bank interest."

It is quite common that people are not clear on the differences in saving, investment, and insurance.

It is good to understand Saving, Life Insurance and Investing - Revist

1 comment:

  1. Most people are not savvy financially....
    too lazy or unable to get educated??


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