Insurance
Great Eastern 2.05% Plan
By Early Retirement SG  •  September 21, 2017
This is really a good plan. If you have a couple of thousand and you are planning on puttint it into a fixed deposit, you may think of putting it into this plan instead. It gives you 2.05% returns guaranteed. The difference is you can't withdraw it without penalties unlike fixed deposits. But you get insurance coverage. ​ Nothing very much more to comment about. Basically, put in a few thousand, every year get 2.05% for 3 years. Better than fixed deposit rates. But cannot withdraw. But policy holder has insurance coverage during the period. Singapore Government Bonds are probably better if you're planning on holding for more than 3 years. But if you're looking at just a short term tenure for a very stable return with very low risk. I suppose this is as good as it gets for now. Not a sponsored post. I don't get sponsors. LOL But I was thinking about ......
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By Early Retirement SG
Male, born in 1982. Graduated with a degree majoring in Banking & Finance, Financial Adviser for a period of time resulting in in-depth knowledge of insurance products and marketing techniques of the industry ...
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