Fixed Deposit Promotion
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starlight1968sg:
That's one of my concern when I buy the product too. However, the insurance agent seems to promise me that they usually \"under-promise, and over-deliver\". Given that the insurance company is rather established, I decided to give it a try. Result can only be known 15 years later haha..JurongTutor:
Hi, how about savings plan from insurance agent (for example, some can get an estimated of effective interest of 3-4% return in 15 years)? What are your thoughts on such savings products?
The 3-4%pa for 15 yrs can't be guaranteed. If it is guaranteed, pls let us know. Tks -
JurongTutor:
That's one of my concern when I buy the product too. However, the insurance agent seems to promise me that they usually \"under-promise, and over-deliver\". Given that the insurance company is rather established, I decided to give it a try. Result can only be known 15 years later haha..[/quote]Look at the Benefit Illustration, there is a column on guaranteed surrender values, the other columns are projected.starlight1968sg:
[quote=\"JurongTutor\"]Hi, how about savings plan from insurance agent (for example, some can get an estimated of effective interest of 3-4% return in 15 years)? What are your thoughts on such savings products?
The 3-4%pa for 15 yrs can't be guaranteed. If it is guaranteed, pls let us know. Tks
Good luck to you! -
JurongTutor:
Hi, how about savings plan from insurance agent (for example, some can get an estimated of effective interest of 3-4% return in 15 years)? What are your thoughts on such savings products?
I have bought such plans before - 5 years - not guaranteed but projected. I am happy to say the plans have matured n indeed I was paid the projected amount. -
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Any good fixed deposits lately? I need some place to park excess cash for maybe a year or 2 or until we find good investments.
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pirate:
What is a CDP account?Yah. You apply for the bonds and apply to redeem via ATM. No need to pay for transport or parking to go down to the bank branch.
Unfortunately, you also need a CDP account. -
TheAnswer:
Central Depository Account. You need one to buy and to sell stocks in Singapore stock exchange
What is a CDP account?pirate:
Yah. You apply for the bonds and apply to redeem via ATM. No need to pay for transport or parking to go down to the bank branch.
Unfortunately, you also need a CDP account.
I guess you should already have one?
https://www1.cdp.sgx.com/sgx-cdp-web/login -
Nope. We dun buy n sell stocks. We do other investments.
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May I know what investments you do? Can share?
TheAnswer:
Nope. We dun buy n sell stocks. We do other investments.
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May I know what investments you do? Can share?
TheAnswer:
Nope. We dun buy n sell stocks. We do other investments.
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