Tan Kin Lian, Fisca and yrs sincerely are strong advocates of investing via low-cost ETFs. Hey we not that smart: Warren Buffett advises retail investors to buy low-cost index funds. ETFs are a form of index funds.
But it’s not a no-brainer, risk-free investment strategy. You still can lose money. This US-centric illustration shows why: It’s When You Start And When You Finish.
There are no easy answers when building an egg-nest for yr retirement. Buying life insurance packaged with an investing element is not an easy answer. It is expensive and often is not the answer to building an egg nest. The returns that the agent shows you are not guaranteed. They juz example leh.
Taz why Fisca and TKL advocate by term insurance and invest the rest in ETFs.