Personal Finance
Singlife nerfed, now GIGANTIQ?
By Strong and Frugal  •  October 11, 2020
About 2 months back, I introduced Elastiq by Tiq to you. At that time, I mentioned that it was probably the next best choice after Singlife, the ever so popular insurance savings plan which offered 2.5%. Unfortunately, Singlife got nerfed to 2% recently. As a user of Singlife and a firm believer of what they offer, I was honestly sad to see them get nerfed. Where else could I park my money after the first $10,000 to earn a solid return? That was when I discovered GIGANTIQ. Comparison with Singlife? Naturally, I tried to compare Singlife and GIGANTIQ, after all, they are in the same product category, which is an insurance savings plan. Okay, let me cut it short for you. After the nerf, Singlife is slightly better for your first $10,000. But the margin is no longer so big. After that, your next $10,000 will be better off placing in GIGANTIQ for the first year....
Read the full article
By Strong and Frugal
A platform to teach Singaporeans about finance and fitness. Growing up, I was always interested in becoming fit. I loved picking heavy things down and putting them back down. Now, many of my peers, from school or NS, turn to me for tips. With my puny $630 NS allowance, I have realized how hard it is to earn money. So, I want to educate my peers as well as learn from pioneers of investing, so as to achieve financial independence, by 40. I hope.
LEAVE A COMMENT
LEAVE A COMMENT

Your email address will not be published.

*

Your Email Address will not be published
*

Read More Articles
More from thefinance