Tuesday, January 18, 2011

The Story of Uncle Chua


Worth a read in my opinion. Although there is a feel good element to it, it really tells us that we should not do too fancy stuff when it comes to investing. Very often, people do not use common sense when it comes to investing.  I will pursue this idea and write another post in the future.

On another note, I happened to read an article about investment-linked policies on another website. It kind of pissed me off because they hardly mentioned why sales people like to sell ILPs. While TKL may advocate buy term and invest the rest, I would say that buy term and save the rest, might even outperform buying ILP, on a risk-adjusted basis.

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