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(Post 73/week 55)Learning investing/trading together part 11:Shiny things thread summary from hardwarezone part 2
By Sonicericsg  •  January 3, 2019
Continuing on from the last post here...





Tip 10:On Insurance
Buy Term Insurance + Personal Accident Insurance. Buy Hospitalisation Insurance. Buy Mortgage Insurance, if you have any outstanding mortgage loans  Invest the rest. Do not buy Life Insurance. Do not buy ILP, Investment-Linked Products Mixing Protection ( essentially, Insurance ) & Investment in a product, e.g.. ILP, Life Insurance, Endowment Plan, is a terrible idea because these events are mutually exclusive & it should not cause liquidation. Cheapest Term Insurance in SG: Aviva SAF(The only good thing that NS has provided) This is the first insurance you should get if you don't have any for Death & TPD. ( Total Permanent Disability )
Tip 11: Growth-Centric / Dividends-Centric?
If you are near retirement age, opt for dividends-centric stocks / Bonds ETF.  Generally, you buy stocks for growth gains, not dividends. One of the most dangerous things an investor can do to a...
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By Sonicericsg
Hi everyone, I'm soniceric, my real name is of course not soniceric, it's just Ericsson :) The reason I name this blog as soniceric is a word play on the brand of "sony Ericsson" hence soniceric(geddit?) I am currently a 22 years old nsf who is about to ord soon and receiving a paltry ns allowance of $800 per month. To date, I have managed to save more than 10k and have already use the money for various purpose(emergency fund, peer to peer lending,posb invest saving and stocks, trading etc).
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2 Comments

2 responses to “(Post 73/week 55)Learning investing/trading together part 11:Shiny things thread summary from hardwarezone part 2”

  1. Adham says:

    Hello,
    Are you talking about this kind of personal accident policies ? https://www.axa.com.sg/our-solutions/personal/personal-accident
    Thanks

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