This morning, I met up with a friend to sign some sort of a lump sum investment policy where I placed this sum of money and praying hard for returns of maybe about 4 to 12%. Even if I don’t earn, it’s fine, so long as the ask-bid price is nicely covered up. The worst thing that code happen is lost of money.
I came back home and saw Tian Hong mentioning of some sort of an investment fraud with a certain investment company. (You could head over to his blog to learn more.) I got a little uncomfortable and wondered if I made the right choice.
I think lump sum short term investments are good generally. There’s a certain amount of risk of course. I signed up with a friend too. She’s working for an insurance company that’s quite reputable. I just hope that everything goes right.
Don’t intend to invest for long, probably about 3 years only.