Dear Mr Tan,
Would you reccommend the following funds:-
Japan Tech
Average 2.70% -12.00%
YTD 2006 -4.20% -6.40%
Seems to have produced negative results?
REPLY:
For a long term investor, I recommend the Combined Growth Fund.
The specialised funds (ie Technology or Japan) requires someone who is more knowledgeable about the market. As you are not familiar, I sugget that you should invest in the Combined Growth Fund.
Tan Kin Lian
CEO, NTUC Income
1 comment:
Investing in equities requires a lot of homework and patience.
One good technique is to reduce the risk of investment is dollar averaging technique. It is a good strategy to ride the ups and downs of the stockmarket.
Buying into regular premium plan or policy, for example units unit and investment linked products, enable one person to focus what he/she is doing, while growing his/her saving or retirement nest.
Most people lost track when they try to do too many things at the same time, investing the stockmarket, working and taking care of the family. With a regular premium policy, you can invest your money without monitoring the market closely.
If you do a comparsion of ILP insurance policies, NTUC Income ideal plan gives you more units than any other policy. That means more for your retirement.
Mr Tan is right to say that you are able to get back more when you invest NTUC Income ideal plan.
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