The two biggest investment mistakes made by many people everyday are:
a) Buying a life insurance policy without reading and understanding the Benefit Illustration
b) Buying an investment product from a bank without realizing that it is actually a life insurance policy.
This mistake can cost them a few thousand dollars or tens of thousand dollars. They usually realize it after a year or two, or maybe slightly longer.
To avoid this mistake, learn how to read the Benefit Illustration. It is quite simple. You only need to know what to look for and what the figures meant.
You will realize immediately that you are falling into a trap. You will then be thankful that you have read this article!
http://fisca.sg/Info/417/Understand-the-Benefit-Illustration
a) Buying a life insurance policy without reading and understanding the Benefit Illustration
b) Buying an investment product from a bank without realizing that it is actually a life insurance policy.
This mistake can cost them a few thousand dollars or tens of thousand dollars. They usually realize it after a year or two, or maybe slightly longer.
To avoid this mistake, learn how to read the Benefit Illustration. It is quite simple. You only need to know what to look for and what the figures meant.
You will realize immediately that you are falling into a trap. You will then be thankful that you have read this article!
http://fisca.sg/Info/417/Understand-the-Benefit-Illustration
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