Just to share and seek your view on my following Growth Policy from NTUC Income:
I bought the Growth Policy (10 yr) in 1997 for $3000. It had a guaratneed maturity value of $3,750 and a projected value of $5063.
This policy will mature on 1st Aug 2007. I was told that the finalised amount was $4742.
Should I feel happy that it is more than the guaranteed amount or unhappy that it is less than $300 less than the projected amount?
Wow, you got a return of 4.6% per annum for the past 10 years. That is a great return (although it is slightly lower than the original projection).
Many people invested large sums of money in structured products during this period. They obtained a miserable return of 0.2% per year for 5 years. They would be delighted to get a return of 3% (not even 4.6%).
Yes, you can be happy. And send your thanks to the adviser who sold this product to you.
- ► 2013 (348)
- ► 2012 (1270)
- ► 2011 (1873)
- ► 2010 (2369)
- ► 2009 (1655)
- ► 2008 (2105)
07/29 - 08/05
- Common Sense and your Blue Rose
- Level premium for Shield plan
- Application of Laws of Chemistry to Our Everyday L...
- Dr. Lee Kum Tatt and his blog
- Some tips on investing in structured products
- Single premium endowment has its attractions
- Earn 4% in your CPF special account
- Buy term and invest in a low cost fund
- Writing a Will
- Starhub Mobile
- Surgical operation was not helpful
- Brief History of Science in Early Singapore
- How to apportion the investments?
- Invest in bonds now?
- Two currencies system
- Financial Planning for the Young (revised FAQ)
- Invest in single premium ILP
- Investing your CPF and cash savings
- Strengths of mature workers
- Use older workers for their strengths
- Budget Roaming with Sunpage
- Blue Ocean Strategy
- A good financial plan - case study
- Growth policy: yield of 4.6% p.a.
- Avoid Roaming Charges
- Shared Values
- Wireless Broadband
- ▼ 07/29 - 08/05 (28)
- ► 2006 (696)
- ► 2005 (159)