Here's why Gen Z and millennials should invest in Investment-Linked Plans (ILPs) in Singapore?

 


While it is never too late to start investing, it is always better to start early. This is where Gen Z and millennials have an advantage. Gen Z and millennials have more time and flexibility to invest because at this juncture of life, commitments are comparatively lesser. In the later years of life, money might be invested in major life events like buying a new home, buying a car, or raising children. If you are a Gen Z or millennial, chances are the probability of you having spare funds to invest will decrease over time due to increasing commitments, so why not invest in ILPs now?

  • Early investments offer a better learning curve

Investment is a skill that improves over time. The more you invest, the more you will understand the market movements. An early start enables you a longer stay in the market to better understand and gain market insights that will help hone your investment skills...

READ MORE : Here's why Gen Z and millennials should invest in Investment-Linked Plans (ILPs) in Singapore?

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