This is my personal view only. Here is my honest view.

BTITR, ( buy term invest the rest) works for some people and will work for almost everyone in the long run. Hence, this is the catch-- long term. I am not talking about ILP here. I seriously can't see much merits in this product. IMO

Why, personally, I think investing is fraught with risks and temptations, especially for beginners

If anyone read about my profile, I blow almost all my savings on CAO, I pick myself and have a go at investing again. You only considered passing PSLE when u have a plan that is tested through bull and bear market. Bull and bear if u are lucky, might be a 7 year period. How long u takes to formulae a core plan, is up to individual, but I can safely ...