My financial advice is free, but worth a lot of money

My financial advice is free. But is worth a lot of money to you.

Buy term insurance for your life insurance needs and invest the rest of your savings in a large, well diversified fund, with low charges.

This advice is worth many ten of thousand of dollars to any ordinary consumer. You do not need to pay any money to me for this advice.

Some advisers tell you to buy a product that give a high commission to them, and a large profit to the financial institution. These charges come out from your investments.

Do not fall for complex products that give uncertain guarantees. Watch out for the warnings, such as "you may lose part or all of your principal".

Do not ask a financial adviser to help you to select the best funds. Past performance is not a guarantee of future performance. You will pay a large "trailer fee" for an advice that is probably worthless.

The term insurance product from NTUC Income saves you 20% or more, compared to similar products in the market.

Low cost Term Insruance

The combined fund is a large, well diversified fund with low charges. You can invest a lump sum or monthly savings.

Invest a lump sum
Invest your monthly savings

And, here are my financial planning tips:

Financial Planning Tips