Personal Finance
Investing for a retiree
By Tan Kin Lian  •  April 11, 2011
1. A retiree, with just enough savings for future needs, asked for my views about investing in a private studio apartment costing $800,000.
REPLY:
Do not spend too much money on a property. Try to find a cheaper one, or rent.
Read these FAQs
http://tankinlian.com/admin/ file.aspx?id=451
http://tankinlian.com/admin/ file.aspx?id=124
2. She then asked about investing in gold.
REPLY
Don't invest in gold. It is highly priced. There are people going around with gold investment scams.
Read this FAQ http://tankinlian.com/admin/file.aspx?id=186 3. It is important for consumers to be educated about financial matters. They should not ask friends for advice, as they may get the wrong advice. Read this FAQ:
http://tankinlian.com/admin/ file.aspx?id=444
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By Tan Kin Lian
Mr Tan Kin Lian (fomer NTUC Income CEO) started his insurance career in 1966 in a local life insurance company. He has also worked in various positions as a computer programmer, organisation and methods officer and consulting actuary. Mr Tan writes daily in his blog. The information in his blog is transparent and has an open approach.
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