Low cost Investment Funds

A few people have written to ask for my advice on the low cost funds that they can invest in.

I am working out the following options:

1. STI ETF. I am asking my stockbroker about the minimum monthly sum that they can invest in. The monthly savings can be credited into an account and be used to invest in the STI ETF when it reaches the minimum sum. You can purchase odd shares through POEMS Share Builders Plan. Check with Philips Securities.

2. Unit Trust. I am checking for a low cost unit trust that accept monthly savings. I will also look for an financial adviser who is willing to provide this service.

3. Ideal plan. There is a Ideal plan from NTUC Income which allows 100% of the monthly savings to be invested in the combined fund. I am looking for an insurance adviser who is willing to promote this plan, even though they earn a lower rate of commission.

I shall be posting some of these options, when they are finalised. I hope to be above to offer these low cost options to the people who visit my blog and are educated about the merits of this type of investment.

Read this FAQs:

http://www.tankinlian.com/faq/fptips.html
http://www.tankinlian.com/faq/choice.html