Where can you put your money to grow your retirement fund and yet sleep well?
Here is what happened with prolonged low-interest rate environment in the past decade.
- The property prices are at ridiculous level and beyond your reach
- Your living expenses increase year by year
- Your salary increment cannot keep up with inflation
- You receive peanuts for your money sitting in the bank.
No wonder Singaporeans are desperate for guaranteed return products and would rush to anything with “promised return” without scrutiny.
I talk a lot about investment in my blog, but in everybody’s portfolio, there should always be a layer of safe return because you don’t know what will happen in the future.
Do you know the simplest way to obtain a guaranteed investment return in the medium term is through a good endowment plan? It will not only deliver a steady return but also take away your worry of your investments in case of a stock market crash.