First, you must know what is your risk tolerance level. If your risk tolerance level is very low, traditional insurance products can suit you fairly well. Or you may consider investing in money market UT which is comparable to FD in banks. If you are willing to accept losses in the short term, but strive for greater returns in the long run, you can look into investing in UT involving equities. Their annualised returns over long term can be up to 10% or 20% depends when you sell your stake. It is also true the other way round. Means you can possibly lose 10% to 20% but it only occurs when people just blindly walk in with the "auntie mindset".
Second, you must know what you are investing for. What is your time horizon. These affect what you are more suited for.
For long term and retirement's sake, you can take up a Whole life policy for general insurance coverage. it also gives a bit of returns over the years which is better than putting into a bank. However your money will be locked up for as long as the policy is held. When you feel you dont have the need for insurance, you can surrender for cash values in the policy. Over the years, the cash value with interest compounded can amount to a rather large sum. If you want a higher returns policy, you can look at Endowment plans because their purpose is generally to maximise returns on your savings. Their insurance coverage is very low which makes it possible to get higher returns.
Next, understand how CPF works. CPF pays 2.5% on OA and 4% on SA. OA is a general purpose account. SA is more for retirement. So if you think 4% interest is very good, you may put your money inside to compound at 4%. This is by far the most foolproof way to earn high interest. The catch is, you cannot use it for any other purpose other than simple investments and it is not touchable till you reach 55 years old.
Medium to long term wise, you can look at purchasing Unit Trusts. UT is good because it does not require tens of thousands to start. You can start with just $1000 and slowly add on over time just like a savings plan. Also it buys into a wide variety of companies so that it diversifies the risk. It is just like playing the stock market but there is someone to manage the portfolio for you. So even if there are losses, it will not be very drastic. Do your homework and find out which fund is performing well, which industries show potential for growth etc. However take note that past performance does not indicate future performance. Future is always a question mark. That's why risks are prevalent. You really have to decide for yourself which fund suits your investment vision. Nobody takes any responsibility for your gains or losses made.
Short term, is to invest in yourself. We are limitless. We can do whatever we want. It is whether you want it to happen or not. There is only one life, so how you live it, depends on yourself. Whether you want to slog for money or let people slog for you, you decide. If you decide to slog for money yourself, you can only get 1 person's payroll at max. Whereas if you let people work for you, you can leverage on their productivity AND your productivity to gain much more. The more successful people generally exploit on this point where many dont dare to. Gain more knowledge, experience, then invest in a company then slowly build it up piece by piece. The returns can be many times fold of your capital outlay if you manage it well.
so_lonely added 27 Minutes and 20 Seconds later... Quote:
Originally Posted by kien0203  Buy a small farm if you can afford |
This is a very good investment. Farmers may look ruggard day in day out but they actually have alot of money. Their land alone is worth hundreds of thousands in Singapore.
Re: investment.what kind of investment can i made? 
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