If you want to receive Guaranteed Return without locking in your capital for long, you should consider a Short-Term Endowment Plan. An endowment plan is the simplest form of investment. You pay a premium to the insurer who promises you a guaranteed return in a fixed number of years. In the past couple of years, […]
How to Invest Your CPF – The Complete Guide To CPF Investment Scheme (CPFIS)
CPF is one of the most important assets for retirement planning in Singapore. But it is often under invested. Although CPF board pays you an almost guaranteed interest rate for your savings, you can still invest your CPF to earn a potentially higher return. There are a variety of instruments approved for CPF investment, such […]
NTUC Gro Capital Ease – Short Term Savings Plan (Cash and SRS) with 1.96% Guaranteed Yield
If you want to make your money work hard without taking investment risks, you should consider short term endowment plans. Short term endowment plans are insurance plans that provide a Guaranteed Return for a short policy term such as 2 years to 3 years. The insurance savings plan is protected under the Policy Owner Protection […]
5 Ugly Truths of the Coming Retirement Crisis and How to Deal With It
We were on the verge of the greatest retirement crisis in history and COVID-19 just triggered it. In the decades to come, globally, we will witness hundreds of millions of people slipping into poverty in their retirement years, not because they lost money in the stock market, but because they are savers. If you are […]
Best 3-Year Endowment Plan With 2.05% Guaranteed Yield: China Taiping i-Save
If you want to receive Guaranteed Return without locking in your capital for long, you should consider a Short-Term Endowment Plan. An endowment plan is the simplest form of investment. You pay a premium to the insurer who promises you a guaranteed return in a fixed number of years. In the past couple of years, […]
Is Singapore Spending Too Much National Reserves?
Are we drawing down the national reserves too fast? With President Halimah’s assent, Singapore is withdrawing another eye-popping $31 billion from its reserves to fund Covid-19 support packages, you may justifiably wonder: “Is there a limit to this?” By now, Singapore has used close to $100 billion from its reserves to fight the “deepest economic crisis […]