With the proliferation of various types of investment products in recent years, people often look for a straight forward, professionally managed investment opportunity that caters for basic investment needs. The following are some of the reasons people invest in unit trusts:
Children's Education
Unit trust can help you cover the spiraling cost of education for your children or grandchildren. The sooner you start your plan, the lesser your burden will be. In this case, time can be your greatest ally.
Home Ownership
Unit trust can help you to pay off your mortgage earlier, purchase a bigger house or upgrade your existing house. As with any plan, start early. Many bricks build a castle.
Retirement
Growing old and retiring is inevitable. It is never too early to plan for retirement even though you have the comfort of the Employees' Provident Fund (EPF). You have the choice of retiring comfortably by planning a nest for your retirement home, orchard and the likes. Unit trust can help do the job.
Cash Reserves
The only certainty in life is the uncertainty or unexpected emergencies. Unit trust can help you to set aside some cash for rainy days.
Contact your Public Mutual agent or if you don't have one, try me!
