Insurance
A Bunch of Higher Rate Deposits and Singapore Life’s 3 Year 3% Endowment
By Investment Moats  •  November 28, 2018
Singapore Life came up with a 3% insurance savings plan with a 3 year duration. And judging by what the bulletin I received says, they should meet the target before the deadline of 29th Nov (tomorrow). Compared to the Temasek T-2023 bond, the duration is shorter (versus 5 years), and the yield is higher (versus 2.7%). The rating of the firm behind the bond issuer is lower though. I think this will become a Singaporean saver’s past time, to see how many of these short term, higher yield insurance savings plan they can pick up. Generally, Singaporeans are still very risk adverse and the safe way to invest their money is through fixed deposits and property. A plan such as the 3% endowment plan greatly appeals to them. The first one, came up by FWD, sold like hot cakes. Then other insurance company saw that, and started to ...
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By Investment Moats
Investment Moats is set up by Kyith Ng and have been around since 2005. He aims to share his experiences making sense of money, how money works and ways to grow his money. It hopes that by sharing his experiences, both good and bad, season investors can advice and critique his decisions and new investors can learn from them and find their own style ...
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