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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Welcome to Ministry of Wealth!

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

It is here where I share with you how I did it! FREE Education in stock market wisdom.

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Important Notice and Attention: If you are looking for such ideas; here is the wrong blog to visit.

Value Investing
Dividend/Income Investing
Technical Analysis and Charting
Stock Tips

Monday, 7 March 2011

Insurance - Enhanced Endowment Policy Suck! (2)

Insurance - Enhanced Endowment Policy Suck!

I have received a letter from XXX Insurance company informing me that annual bonus will be credited on 6 Mar 2011.

After paying premiums for the last 14 years, the Net Surrender Value is 90.4% of the total premium paid and it didn't even breakeven after 14 years.

Read? Saving, Life Insurance and Investing - 2nd Revist
Posted by Createwealth8888 at 11:12
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