Dear Mr. Tan
Recently my son purchased a GE $5k single premium smart invest plan. He selected 3 funds to invest in. He is also insured for $5100. Do you think he should keep it and hope the funds do well. The annual charges probably amount to 2%.
REPLY
Your son had invested in an investment linked policy with Great Eastern Life. The money is invested in the 3 funds that he had selected.
Read my views here
http://www.fisca.sg/ArticleDisplay.aspx?ID=561
Recently my son purchased a GE $5k single premium smart invest plan. He selected 3 funds to invest in. He is also insured for $5100. Do you think he should keep it and hope the funds do well. The annual charges probably amount to 2%.
REPLY
Your son had invested in an investment linked policy with Great Eastern Life. The money is invested in the 3 funds that he had selected.
Read my views here
http://www.fisca.sg/ArticleDisplay.aspx?ID=561
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