The most common mistakes the public make when buying a financial solution!

By Patrick See • May 18, 2011

For a list of ‘reported’ problems you may wish to stroll down this site at Thefinance.sg. I am trying to identify on the common mistakes the public make because once identified this will not lead to more problems or frustration in the future. In the first place, if they did not buy the financial product, the problems will not occur. Stamp the problem at the beginning before it happens!

There are endless problems and complains on this (any) site, when the public buy a financial solution, be it insurance, ILPs or Unit Trusts. First of all, you do not buy financial products, the important things is to buy his advice.

The point is, you should be looking for his financial advice (relating to a problem like financial risk, investment risk, etc). You should try to identify the risk and the related financial impact on the possibility. the event will ...

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