Dear Mr. Tan,
I read your FAQ on Investing Your Savings. You advice to avoid the following products:
a) Difficult to understand
b) Lacks transparency
c) Lock you for a long period
d) Imposes a penalty on termination
e) Lacks flexibility
It seems that most life insurance products fit into this description. Is it correct?
REPLY
The financial products that fit into this description are:
a) Most life insurance products
b) Most structured products (which locks you for 3, 5 or more years).
Read this FAQ to find out about other options to invest your savings:
http://www.tankinlian.com/faq/savings.html
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