Tag Archives: investment returns

ILPs Have A Bad Rep

Much has been reported about Investment Linked Plans. In my 10 years of financial advisory work, only 2 clients have requested for such a plan. The Business Times, April 12, 2006 – What Clients Are Not Told About ILPs The Straits Times, June 13, 2005 – Avoid ILPs, Case Advises Older Investors The Straits Times, May 24, 2005 – The Low-down… Read More »

ILP – A Ticking Time Bomb

“Insurance ‘Time-bomb’ Set To Explode” This Straits Times article title caught my eyes way back in Feb 2005. A regular premium investment linked product (ILP) combines insurance with investment (unit trusts). The underlying investment risk is born entirely by the insured. This means that returns are subject to market volatility and hence, not guaranteed. Why then… Read More »

Compound Interest

Albert Einstein once said “the most powerful force in the universe is compound interest”. Simply put, it is earning interest on not just the principle amount but also on the accumulated interest. For example, with simple interest of 10% per annum, $100 would grow to: Year 1: $110 Year 2: $120 Year 3: $130 Whereas… Read More »