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 saved. Why? 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 […]
Endowment Plan: NTUC Capital Plus New Tranche Offers 2.13% Guaranteed Yield (CSN4)
NTUC Capital Plus is a very popular short-term single premium savings plan in Singapore with Guaranteed interest. The insurer NTUC INCOME has just launched a new tranche CSN4 with a 2.13% yield. What is NTUC Capital Plus NTUC Capital Plus is for people who want to save for short term but prefer a higher interest […]
3 Savings Plans That Give You Up to 2.5% Guaranteed Return with No-Frills
Is 2.5% guaranteed return per year good or bad? It is subjective. The interest rate has been declining globally for more than a decade, and it has a tremendous impact on our daily lives. We are in an environment where savers lose and gamblers win. Skyrocket property price and Hong Kong unrest can testify this. […]
Endowment Plan: NTUC Capital Plus New Tranche Offers 2.3% Guaranteed Yield (CSN2)
NTUC Capital Plus is a very popular short-term savings plan in Singapore with Guaranteed interest. The insurer NTUC INCOME has just launched a new tranche CSN2 with a 2.3% yield. 3-year single premium endowment plan Non-participating – meaning no bonus, all returns are guaranteed. Guaranteed maturity yield of 2.30% per annum This plan is available […]