With rising costs and increased learning needs, financing our children's education is no longer a simple walk in the park. Discuss with other parents about how they are managing their finances to cope with their expenses.
I wont buykitty2 wrote:Is retirement insurance worth investing? I am not sure how is the return or whether it has a higher interest rate. Anyone has any idea?
Insurance is a transfer of risk
Eg medical bills is something which i cant predict how much i need
But for retirement, apart from a paid roof overhead, the $$ saved during working years will be my retirement fund.
All pdts are high return high risk, low return low riskmoomoolee wrote:Anyone is familiar with investment or savings plan that are good?
What am afraid of is pdts masked as low risk but are actually high risk
I am a Financial planner from AXA. If you look at investment, you may like to look at the investment plan offer by AXA. We offers a upfront financing to you without interest. How it works is that every $100 you put in for 30 years, AXA will upfront give you $180 . And you start with a $280 to invest instead of your own $100 only. You can choose the funds to invest in or I will normally recommend some bonds funds with dividend for the past few years for people who not high risk taker. The returns are surely better than fixed Deposit. If you are keen to know more, you may PM me or contact me at 98483905.
For investment, it really depends on your risk appetite and time horizon.moomoolee wrote:Anyone is familiar with investment or savings plan that are good?
If you are risk adverse, then retirement income plans / endowment plan are not too bad.
Regardless, I've done my research on the various retirement income plans and endowment plans available so I'm privy of which company has the best yield I can share with you more in person if you'd like!
But some are willing to take more risk (in the hopes of higher returns) than others. Not just in investments, but in jobs, spouses etc etc!starlight1968sg wrote:Who is not risk adverse? Nobody wants to lose any of his money