After the introduction of personal pensions, many people believe that this is an investment direction that can guarantee a minimum, or even make a steady profit without losing money.

...This kind of thinking is incorrect. Personal pensions are not guaranteed, nor can they guarantee a steady income without loss.

The reason why I say this is because personal pensions belong to funds, fund investment must have risks, and there is a high probability that you will not lose money if you hold it for a long time.

1. Personal pensions are funds, so there is no guarantee of guaranteed income.

Unlike pension insurance, personal pension funds are in the nature of a fund.

…In essence, it is an investment, so personal pension funds are not guaranteed to make money without losing money.

...Personal pensions are established as a supplement to pension insurance. Therefore, for those who expect to make a steady profit from personal pension funds, their investment purposes are incorrect.

2. Fund investment involves risks, so the bottom line cannot be guaranteed.

Fund investment itself has risks.

Therefore, investment in this area cannot be guaranteed.

…In fact, personal pension insurance itself is very different from pension insurance. The two cannot be equated, but are complementary to each other.

… Therefore, personal pension funds should be viewed from the perspective of fund investment, rather than as a measure to protect the bottom line.

3. If you hold personal pension funds for a long time, you will most likely not lose money.

Although personal pension funds cannot guarantee a bottom line, nor can they guarantee a steady profit without loss, they are by no means unworthy of investment.

…In fact, the prospects for personal pension funds are very good because they are managed by a professional team.

Although there may be some fluctuations in the short term, if you hold it for a long time, there is a high probability that you will not lose money and there is a lot of room for profit.

...In addition, personal pensions, as an effective supplement to pension insurance, can make you more secure after retirement, so personal pension funds are completely worth investing in.