About endowment plans

[bendi85]

Hi all, any recommended endowment plans in the market right now?

 

[Value.Matrix]

Why you want to lock up your money for a specific time frame? Can share a bit more like your needs and etc?

 

[bendi85]

Why you want to lock up your money for a specific time frame? Can share a bit more like your needs and etc?

Just require some forced savings as i dont have discipline. And also saw that there are some protection as well.

I am sole bread winner with 2 young kids. I only have health and term insurance.

 

[hachi]

Coz they are not responsible for my fund performance and returns, and I have no displine, might as well let other poeple earn commission and play a fool with my money. Hopefully can get the projected returns... And ownself insurance ownself... Coz the protection usually is the sum of money you put inside.. Lol

 

[moejoseph]

Some annuity plans have got guaranteed returns ranging from 2.1% to 2.43% currently. If the Par Fund is doing good, got chance to get up to 4.54% as well.

 

[Mecisteus]

If you like to DIY, cut middleman charges and optimize every $ of your capital, just go for POSB Invest Saver.

If you got a lot of money to throw and waste, can go for longer term endowment plans.

 

[Value.Matrix]

Just require some forced savings as i dont have discipline. And also saw that there are some protection as well.

I am sole bread winner with 2 young kids. I only have health and term insurance.

You want take over others endowment instead? Premium 2k a year. But really depends on you.

 

[Happyforever]

Value Matrix, please PM me the details. Thank you!

 

[raffy06]

Hi, got any endowment plans to recommend? Looking for something similar to NTUC Capital Plus. 3 yrs term + around 2.5%. Can PM me the lobangs

Thanks in advance!

 

[platee]

Consudering Pruwealth or manuready builder . Which is better?

 

[boredboiboi]

Consudering Pruwealth or manuready builder . Which is better?

About same. Both are for long terms.

 

[boredboiboi]

Hi, got any endowment plans to recommend? Looking for something similar to NTUC Capital Plus. 3 yrs term + around 2.5%. Can PM me the lobangs

Thanks in advance!

Now highest is ntuc captial plus, and its closing soon.

 

[bendi85]

SSB rates better than endowment?

 

[moejoseph]

SSB rates better than endowment?

https://secure.sgs.gov.sg/fdanet/StepUpInterest.aspx

Now at most 1.91%.
Average returns over 10 years 1.74%
But duration is shorter (10 years)

 

[boredboiboi]

SSB rates better than endowment?

I would say no. Ssb now rates is so low just that ssb is flexible