In this post on "Good Financial Products To Invest In Singapore", we present good ideas on good financial products to invest in Singapore.
Before proceeding to list good financial products to invest in Singapore, we have to define some terms. What exactly do we mean by good financial products to invest in Singapore?
Good financial products to invest in Singapore are products purchased in Singapore using money that generate good financial returns.
Whether these good financial products to invest in Singapore are good enough for you depends on your target rate of return.
To some investors, 1% per annum may be a good return. While another investor may want 5% per annum of return. Let's just agree to disagree, and that a good investment product should generally generate a positive return.
Another aspect of good financial products to invest in Singapore is that the risk of losing money should be kept to the minimum.
For some investors, losing one cent is too much. While other investors can live with a 5% per annum loss. Of course, if the risk of losing your entire investment capital cannot be tolerated, it is not a good financial product.
Thus your tolerance for any loss defines such good financial products to invest in Singapore.
Along the way in the discussion of good financial products to invest in Singapore, we also need to consider the time horizon of investing. The shorter it takes to generate the target return, the better the investment.
Thus the time taken to reach your investment goal also defines these good financial products to invest in Singapore.
With some considerations as discussed, we now have an idea of what good financial products to invest in Singapore there are.
Editor
Investments Singapore
Investments Singapore