What is an income investor?

Income investing is a strategy of building an investment portfolio to generate a regular stream of income. This differs from the objective of many portfolios, which is to grow your principal. While income investing and growth investing can work in harmony at times, they have different ultimate objectives.

How much money do I need to invest to make 3000 a month?

Imagine you wish to amass $3000 monthly from your investments, amounting to $36,000 annually. If you park your funds in a savings account offering a 2% annual interest rate, you'd need to inject roughly $1.8 million into the account. This substantial amount is due to savings accounts' relatively low return rate.

Can you live off interest 1 million dollars?

Once you have $1 million in assets, you can look seriously at living entirely off the returns of a portfolio. After all, the S&P 500 alone averages 10% returns per year. Setting aside taxes and down-year investment portfolio management, a $1 million index fund could provide $100,000 annually.

What is the difference between growth investor and income investor?

Income investing – has the goal of providing regular income on a quarterly or monthly basis. Growth investing – has the goal of increasing the value of an investor's portfolio. Growth and income investing – tends to be higher risk. Many of these investments don't guarantee an income and they can go down in value.

How do you do income investing?

"The most cost-efficient way to build an income portfolio for the average investor may be through ETFs and mutual funds," says Diczok. "These funds can give you diversified access to a range of securities and cut down on transaction costs." Focus on your overall returns rather than short-term market movements.

How to start income investing?

How to start investing Decide your investment goals. ... Select investment vehicle(s) ... Calculate how much money you want to invest. ... Measure your risk tolerance. ... Consider what kind of investor you want to be. ... Build your portfolio. ... Monitor and rebalance your portfolio over time.

Do investors make money?

An investor purchases an asset in the hopes that its value will grow and they can then sell it for more than they bought it for, earning a profit. Income is the regular payment of funds from the purchase of an asset.

AstraLink (2024)

Investment-linked plan

Build your wealth from as little as $100 a month while staying protected.

Invest in your future with AstraLink, a flexible investment-linked plan.

As you progress through life, your investment needs change. AstraLink is a flexible investment-linked plan that allows you to adjust your investment based on your needs. This way, you can achieve your financial goals and dreams.

There is a lot you can do with $100, like getting a new look, feasting on foods you desire, levelling up your game or staying fit.But $100 a month can also help you reach your financial goals. Start investing in your future from as little as $100 a month with AstraLink.

Why you need AstraLink?

Investing early does not mean you cannot enjoy your youthful years. Be empowered to build your financial foundation and achieve your goals without worrying about your changing priorities as you go through different life stages.

What does our plan offer?

Through regular premiums from as little as $100 a month, you can strive to attain your financial goals while enjoying the flexibility of adjusting your investments.

Where can you get our plan?

Reach out to our advisors here.

Start investing from as little as $100 a month with AstraLink.

Protection coverage based on the applicable sum assured multiple[1] of your choice with a Minimum Protection Value (MPV) of 300% of the sum assured (before the anniversary immediately after the insured reaches the age of 70)
Investment Bonus of up to 67.0% of your regular premiums paid in the 1^st policy year
Up to 1.0% annual loyalty bonus from the 10^th policy anniversary
Wealth accumulation with retirement option
Increase coverage at different life events[2] with Guaranteed Insurability Option
Adapt to life’s uncertainties with premium holiday[3]

Here’s how AstraLink grows your wealth.

Flexibility to change, top up or withdraw[4] your investments based on your needs and stages in life
Make fund switches for maximum versatility at no charges
Invest in an extensive range of funds that are continuously being monitored by a team of experienced investment professionals

Accumulate wealth while staying protected across different life stages.

Protection in case of death, Terminal Illness (TI) or Total and Permanent Disability (TPD)

Receive coverage for death, TI or TPD depending on the period of occurrence.

Period of occurrence (death, TI or TPD)	Benefit
Before the anniversary immediately after the insured reaches the age of 70	Receive MPV plus total top-ups, less the total withdrawals; or Policy value at the time we are told about the claim, whichever is higher.
On or after the anniversary immediately after the insured reaches the age of 70	Receive the sum assured plus total top-ups, less the total withdrawals; or Policy value at the time we are told about the claim, whichever is higher.

At specified life events[2] such as getting married or becoming a parent

You’ll get the option to increase your policy's sum assured without reassessment of health.

When you are ready to retire

You can maximise your wealth accumulation by reducing the sum assured of your policy up to zero from age 55 onwards and after your chosen minimum investment period (MIP). MIP refers to the period you have chosen to pay regular premiums.

Need more protection?
Enhance your coverage with riders.

Critical Protect (ILP) rider

For greater peace of mind, you can choose to add on Critical Protect (ILP) rider[5] for extra coverage against 49 specified dread diseases. The sum assured of the rider will be 50% of the basic policy’s sum assured.

Period of occurrence	Benefit[5]
Before the anniversary immediately after the insured reaches the age of 70	Rider’s MPV
On or after the anniversary immediately after the insured reaches the age of 70	Rider’s sum assured

Let us walk you through AstraLink.

How AstraLink helps you achieve protection and wealth accumulation
Mr Tan, aged 25, non-smoker, has just started his first job and is eager to plan for his future. He is looking for an investment-linked plan which provides comprehensive insurance coverage as well as wealth accumulation for his retirement.

25 years old

He signs up for the AstraLink plan with a Minimum Investment Period (MIP) of 15 years and annual premium of $5,000. He is protected with a basic sum assured of $100,000 (sum assured multiple of 20x), hence his basic policy's MPV (300% of sum assured) is $300,000.

He has also chosen to enhance his coverage with the Critical Protect (ILP) rider¹ with a MPV of $150,000.

He receives total investment bonus of $1,560.

30 years old

He gets married and enhances his coverage without requiring a health reassessment². He increases his annual premium to $7,500.

He is protected with:

- Basic sum assured (sum assured multiple of 20x): $150,000

- Basic policy's MPV: $450,000

- Critical Protect (ILP) rider¹ MPV: $225,000

35 years old

He starts to receive yearly loyalty bonus from the 10^th policy anniversary at 0.2% of the policy value at the end of 35 years old till 40 years old.

40 years old

Mr Tan continues to pay his annual premium after his MIP ends. Income will invest 105% of his annual premium. His illustrated policy value is $139,773³ (non-guaranteed and illustrated at investment return of 8.00% p.a.).

He starts to receive yearly loyalty bonus at 0.6% of the policy value from the end of 40 years old till the end of the policy.

50 years old

He is diagnosed with cancer and receives $225,000 under the Critical Protect (ILP) rider¹. The rider ends after claim is made.

55 years old

He maximises the potential returns on investment by exercising his retirement option. Basic policy sum assured drops to $0.

65 years old

Mr Tan's illustrated nest egg (policy value) is $1,056,575³ (non-guaranteed and illustrated at investment return of 8.00% p.a.).

Policy fees and charges apply. Please refer to the policy conditions for further details.
The above figures for illustrative purposes only, are non-guaranteed and rounded to the nearest dollar.

Should the illustrated investment rate of return be 4.00% p.a., the illustrated policy value would be $103,213⁴ at age 40 and $419,271⁴ at age 65. Should there be insufficient units to pay for policy fees and charges, the policy may end prematurely after MIP.

Important Notes

¹Critical Protect (ILP) is a whole life unit deducting rider. The policy term of this rider will follow the policy term of the basic policy. This rider cannot be terminated during the MIP of the basic policy. For angioplasty and other invasive treatment for coronary artery, we will pay 10% of what we would have paid for the other specified dread diseases, subject to a maximum amount of $25,000. The benefit for angioplasty and other invasive treatment for coronary artery will end once we make this payment. The rider will continue with a reduced sum assured.

²Each time the insured experiences a life event, you may choose to take up the Guaranteed insurability option, subject to the policy’s terms and conditions. Please refer to the policy conditions for further details on the life events and the applicable terms and conditions.

³This figure is based on illustrated investment return of 8.00% per annum. The rate of return used is before deducting the annual management fees of the funds. The figures above assumes that the annual management fee is 1.30% p.a. The performance of the funds is not guaranteed and the policy value may be less than the capital invested.

⁴This figure is based on illustrated investment return of 4.00% per annum. The rate of return used is before deducting the annual management fees of the funds. The figures above assumes that the annual management fee is 1.30% p.a. The performance of the funds is not guaranteed and the policy value may be less than the capital invested.

© 2021 Income. All rights reserved.

See Also
Six Best Investment Plans For One Year | Kotak Securities Short-Term vs Long-Term Investors Long Term: Definition in Investing for Companies and Individuals What is duration of short term, mid term & long term?

Investment-linked Plan

AstraLink

Regular premium term
Choice of funds to invest in
Protection in the event of terminal illness
Mid/long term policy term (More than 5 years)
Protection in the event of total and permanent disability

Compare with

Investment-linked Plan

Take the first step today to build your wealth for your future.

From 15 February 2024 to 30 April 2024, you can enjoy additional bonus units of up to 5%^ when you sign up for Invest Flex or AstraLink!

^Bonus units of up to 5% is applicable on your first-year premium paid. Promo Ts&Cs apply. Find out more here.

Speak with your preferred Income advisor or leave your contact details for us to assign an advisor and schedule a personalised needs analysis with you.

Your policy toolkit.

Eligibility and payment frequency

The entry age is from 0 to 64 years old (last birthday).
You can make your payments monthly, quarterly, half-yearly, or yearly.

Brochures

AstraLink Brochure (English)

Policy conditions

Ways to pay for AstraLink.

Find out how you can make payment for your policy by choosing from the preferred methods below. For other accepted payment modes, you may get in touch with us through your preferred mode of contact atwww.income.com.sg/contact-us.

Giro lets you to make automated monthly payments for your premium every payment due date.

Apply for GIRO atMy Income online portal and get an instant approval for account holders of:

Bank #1
Bank #2
Bank #3

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Important notes

Footnotes

Sum assured multiple means the factor we use to work out your sum assured for your basic policy, or for a specific rider that you attach to your basic policy, based on your regular premium when we issue the policy. The sum assured multiple cannot be changed unless the retirement option is exercised. The Minimum Protection Value (MPV) is applicable before the anniversary immediately after the insured reaches the age of 70.
Each time the insured experiences a life event, you may choose to take up the Guaranteed insurability option, subject to the policy’s terms and conditions. Please refer to the policy conditions for further details on the life events and the applicable terms and conditions.
Policyholders can stop paying regular premium temporarily during the MIP from the 2nd anniversary, provided the policy value is sufficient to cover the applicable fees and charges. Premium holiday charges apply if premium holiday is taken during MIP.
Charges may apply, refer to the policy conditions for details.
Critical Protect (ILP) is a whole life unit deducting rider. The policy term of this rider will follow the policy term of the basic policy. This rider cannot be terminated during the MIP of the basic policy. For angioplasty and other invasive treatment for coronary artery, we will pay 10% of what we would have paid for the other specified dread diseases, subject to a maximum amount of $25,000. The benefit for angioplasty and other invasive treatment for coronary artery will end once we make this payment. The rider will continue with a reduced sum assured.
^To qualify for the Vouchers, you have to sign up for AstraLink (Regular Premium Investment-Linked Plan), including any applicable rider(s) (“Qualifying Policy”) during the Promotion Period and meet the corresponding minimum monthly premium and policy term as set out above. Each successful customer would only be entitled to receive the Vouchers once for each Qualifying Policy. Other terms and conditions apply. Please refer to www.income.com.sg/promotions/astralink-promotion for details of the promotion.

Exclusions

There are certain conditions whereby the benefits under this plan will not be payable. You can refer to your policy contract for the precise terms, conditions and exclusions of the plan. The policy contract will be issued when your application is accepted.

Important Notes

This information is not to be construed as an offer or solicitation for the subscription, purchase or sale of any investment-linked plan (ILP) sub-fund. The information and descriptions contained in this material are provided solely for general informational purposes and do not constitute any financial advice. It does not have regard to the specific investment objectives, financial situation and particular needs of any persons.

Investments are subject to investment risks including the possible loss of the principal amount invested. Before committing to the minimum investment period, you may want to consider how long is your investment expectations or needs and whether you are able to keep up with the premium payment should your financial situation changed. Past performance, as well as the prediction, projection or forecast on the economy, securities markets or the economic trends of the markets are not necessarily indicative of the future or likely performance of the ILP sub-fund. The performance of the ILP sub-fund is not guaranteed and the value of the units in the ILP sub-fund and the income accruing to the units, if any, may fall or rise. A product summary and product highlights sheet(s) relating to the ILP sub-fund are available and can be obtained from your insurance advisor or online at www.income.com.sg/funds. A potential investor should read the product summary and product highlights sheet(s) before deciding whether to subscribe for units in the ILP sub-fund.

This is for general information only. You can find the usual terms and conditions of this plan here. All our products are developed to benefit our customers but not all may be suitable for your specific needs. If you are unsure if this plan is suitable for you, we strongly encourage you to speak to a qualified insurance advisor. Otherwise, you may end up buying a plan that does not meet your expectations or needs. As a result, you may not be able to afford the premiums or get the insurance protection you want. Buying a life insurance plan is a long-term commitment on your part. If you cancel your plan prematurely, the cash value you receive may be zero or less than the premiums you have paid for the plan.

Protected up to specified limits by SDIC.

This advertisem*nt has not been reviewed by the Monetary Authority of Singapore.

Information is correct as at 21 March 2024.

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