tag:blogger.com,1999:blog-6213354074634538714.post2756579820206725887..comments2024-03-29T22:22:39.118+08:00Comments on (The) Boring Investor: Doing Your Own Insurance PlanningLee Chin Waihttp://www.blogger.com/profile/10250390011842795509noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-6213354074634538714.post-15844374828281083552013-12-10T23:12:44.407+08:002013-12-10T23:12:44.407+08:00Hi sgftfund, Endowment plans can be useful as a fo...Hi sgftfund, Endowment plans can be useful as a form of forced savings for those who needs a reason to save. But for those who are already saving regularly, buying term and investing the rest seems the better option as it is more transparent.Lee Chin Waihttps://www.blogger.com/profile/10250390011842795509noreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-69958425817151049482013-12-10T10:22:35.569+08:002013-12-10T10:22:35.569+08:00Chin Wai - Do you also advocate buying term policy...Chin Wai - Do you also advocate buying term policy for life and invest the rest kinda of mindset?<br /><br />As people around my age are mostly having their first babies and insurance agent started to crowd around them to sell "Education Endowment Plans" to prepare their kids for future education. <br /><br />Insurance agents might hate me though! LOl...I am telling them to build their own 15/20 yrs Endowment plans instead thru the use of unit trust or shares builder plans which we can easily DIY nowadays. I will be writing up something on this as my son is going to be born in Jan and I will be doing what I preached! Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-30347252611809501442013-12-09T23:17:27.128+08:002013-12-09T23:17:27.128+08:00Hi sgftfund,
I agree with you. Ultimately, we nee...Hi sgftfund,<br /><br />I agree with you. Ultimately, we need to be responsible for our own insurance coverage.<br /><br />Rgds,<br />Chin WaiLee Chin Waihttps://www.blogger.com/profile/10250390011842795509noreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-16273532432865712062013-12-09T23:06:52.208+08:002013-12-09T23:06:52.208+08:00Hi La Papillion,
It is to vary the value for each...Hi La Papillion,<br /><br />It is to vary the value for each parameter and see how it affects the outcome. You can vary different parameters and from this exercise, you can tell which parameters have the greatest impact. You can also use the table function in Excel to do this.<br /><br />Rgds,<br />Chin WaiLee Chin Waihttps://www.blogger.com/profile/10250390011842795509noreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-53524843954983671542013-12-09T18:41:23.617+08:002013-12-09T18:41:23.617+08:00I totally agree with doing your own insurance plan...I totally agree with doing your own insurance planning. For me I do it for my family including my parents. To me insurance is like a portfolio hedge against disaster, simply to says nowadays a big hospitalization bill could potentially wipe out your lifelong savings. Make sure you insured what you need and not what the insurance agent wants to sell you! Word of cautious!Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-6213354074634538714.post-8846088453626773852013-12-09T00:06:14.440+08:002013-12-09T00:06:14.440+08:00Hi, care to explain what sensitivity analysis is a...Hi, care to explain what sensitivity analysis is all about and how it's done? I'm interested to know, thanks!la papillionhttps://www.blogger.com/profile/01372278083694506953noreply@blogger.com