18 June 2015

Insurance, Credit Cards and Investments

Mirror, mirror, on the wall
Who's the best of them all?

In the good old days before the digital age, information was such a premium. We were so dependent on information sources - i.e. brokers and agents. Information was power.

In these days of the Internet age, more and more information are increasingly made available online. In the words of Thomas Friedman, "The World is Flat". Information is now at our finger tips. Welcome to Dot.Com Part II. Can I use the term "Big Data" now? Such a cliche. All we now need is to have access to the net. Totally helpless otherwise.

Of particular value has been the appearance of aggregation platforms. Anything from merchandising of unit trust, to credit cards, to insurance. With the information galore, the humble retail investor like you and I can now compare and make personal choices. It does not guarantee that the right choices would be made - that's a separate problem.

Here's a list of some of these:

Fundsupermart. Unit trust and bonds.

WeInvest. Fixed deposits, mutual funds (i.e. unit trust) and real estates.

CompareFirst. Insurance policies.

Get.com. Credit cards.

EnjoyCompare. Credit cards, loans, travel and car insurance, broadband.

More are sprouting up. It can only be good, so long as they are legitimate businesses and information portals. I'm not guaranteeing these to be reliable in any way. So, use at your own risk please.

Now, can Watson figure out which packages make sense for me?

1 comment:

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