Sunday, November 04, 2007

Diversify your risk globally

Dear Mr Tan Kin Lian,

A senior person said the Singapore may survive for 2 to 3 weeks should an military invasion occur. We can not rule out this possiblity.

May I seek your opinion on what would be the impact to the Singpaore dollars
invested in insurance company (e.g. NTUC Income).

MY REPLY:

I have no idea about what the impact would be.

Perhaps, in the globalised world, you should invest some of your money in a global equity fund. This will help to diversify your risk.

2 comments:

Anonymous said...

That will be Doomsday. All S$ will be worthless. But I think it won't happen. Attack Singapore for what? Any oil, mineral etc reserves? What benefit will it give to attacker?

Thomas Phua's Blog said...

Diversify, put money in Indonesia, Malaysia, Brunei,Hong Kong,Thailand,Brunei,India, China,.....

Oops, then die already how?

So it is either Singapore doom or we doom.

Blog Archive