I'm contemplating on this endowment plan from FWD which gives 2.02% interest p.a. It guarantees return when the plan matures after 3 years.
This is the best "savings" plan I've seen. I'm thinking of putting $15k for this, which will mature to $15,927 after 3 years.
That is, if you don't terminate your policy early.
What are your thoughts to this offer?
After thinking for half a day and seeing some comments, I've decided to go ahead with this offer.
Looking forward to my $927 gain in 3 years' time!
Would you be joining me? :)