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:

  1. 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?

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  2. 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.

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