Investments & Savings Available For STUDENTS in Singapore

Tue, Oct 7, 2008

Question:

hi.. im a full-time student and currently studying .. (ngee ann too !=] )

The thing is , i am interested in investments, better then putting all my money in th bank.. is there any investments that requires low funds ( like 1k ? )

Thanks.!! =]

Answer:

Dear XXX,

First of all, before you invest, you have to ask yourself these IMPORTANT questions.

What is your objective of investing?

How long,can you stay invested before liquidating your money?

How much do you expect to make?

Gauging from your profile as a student, I will recommend you to leave your money in the bank for contingency purposes.

If you have an excess of $5000,I will recommend you to invest in NTUC Income Flexilink Policy.

We have the lowest sales charge (bid offer spread) in the industry,in Singapore. I will recommend you to stay invested at least for 10 years.

If you have an excess of $10,000 and looking for liquidity, I will recommend you NTUC Income Growth Plan,giving you a return of 3.23%/annum, for a horizon of 5 years.

For now,leave your cash in the bank.

Thank you.

Helmi Hakim
http://www.helmihakim.com

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This post was written by:

Helmi Hakim - who has written 316 posts on The Official Helmi Hakim Website.

A certified financial associate, Helmi Hakim has won praise for his patience, perseverance and practicality when solving his clients' financial concerns. For more information on how you can manage your finances better, contact Helmi Hakim at 96520134.

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