I usually warn people not to buy investment or insurance products from banks. For the mass majority of normal, working adults, a good rule of thumb to remember is never get any financial products from aside from savings accounts and credit cards. Not without prior research at least.
DBS Invest-Saver is a rare exception to this rule, and I think it would find its place in most young adults’ investment portfolio, especially if you have no idea where to start.
How does it work?DBS Invest-Saver allows you to pick up to four Exchange Traded Funds (ETF) to invest in, as well as a range of unit trusts sold by DBS. You can start from as low as $100 per month, and increase it in multiples of $100.
When you invest in such funds, your money is pooled together with other investors and the money is used to
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