What's the best option for your child saving

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What's the best option for your child saving, Got a newborn and wanna start planning

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Skidd Chung	Sep 18 2011, 08:31 AM Return to original view \| Post #1
Casual Junior Member 479 posts Joined: May 2010	I'm also planning for this. Seems savings plan are just to 'force' people to save but I wonder if the cost of withdrawing early is worth it or not. Isn't unit trust better or is it because it is more risky that's why people prefer savings plan? At least unit trust can stop payment anytime am I right? Added on September 18, 2011, 8:33 am QUOTE(cherroy @ Sep 15 2011, 02:52 PM) You only get those money and expected pathetic return after maturity. But what I know, a lot of agent push more harder for 6 years one.... Is it because agents only get commision for 6 years of the policy? This would make sense why they pushed more for 6 year policies since it will benefit themselves more since every year a larger deposit is made. Not sure if savings plan also same like unit trusts in terms of comissions. This post has been edited by Skidd Chung: Sep 18 2011, 08:34 AM
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