Hi Mr Tan ,
I have a fixed deposit of 10k which is due soon. Currently, the interest rate is less than 1%. I like to invest this amount in a furnd or unit trust. My risk appetitue is toward low to balanced. I wish to hold it for 5 years or more . I am quite happy to invest in a single premium endowment. I wish to hae this saving for a rainy day and will not need this money at the moment.
Kindly advise.
REPLY
You can read this FAQ
http://www.tankinlian.com/faq/savings.html
If you are happy with the return on a single premium endowment (about 3% to 4%), you can go ahead and invest in it. You only need to be clear about what you can get over the period of the policy.
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