“Whenever there are competing products to the Singapore government’s offer, the government one is always the best and the most competitive”.

, my DBS financial adviros Aaron commented. Our conversation was about protective financial “schemes” most Singaporeans would need. We didn’t go through each item:

• [c] long-term savings — CPF pays the highest interest on the market
• [c] annuity
• [c] medishield and eldershield
• [c] universities — high quality, highest quality/cost ratio
• [c] mortgage — HDB mortgage is often the most forgiving
• [c] HDB fire insurance?
• [c=citizens get the most benefit, followed by SPRs]
• — some exceptions:
• ??

Q: can we say the same about U.S.?