What are your strategies for Dash EasyEarn and Elastiq?

Elastiq is definitely a good deal to consider. Considering most banks are lowering their interest rate, it is something you should consider.

Here is some key advantage of Elastiq:

1) Policy Protected by SDIC

This policy is protected under the Policy Owners' Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC).

2) Guaranteed return

There is a guaranteed return of 1.8% p.a. for the first 3 years. This is quite competitive in this climate of low-interest rates.

3) Flexible Withdrawal

There is only a 90 days lock-in period. You can withdraw anytime after the 90 days lock-in period without penalty.

4) Bonus Return

There is a non-guaranteed bonus of 0.3% if there is no withdrawal in the first 3 years.

Do get in touch with us if you require more information.

Disclaimer It is important to note that endowment plans are different from fixed deposits or savings accounts.​​​

These are some of the best cash management plans that provide guaranteed savings.

Personally, I max out the SingLife with 10k and use some of my remaining money on Dash-Etiqa. These are the main bulk of my savings and I choose these platforms as they provide higher returns (compared to other similar plans) that are guaranteed and risk-free.

I spend the remaining on Robo-advisors such as StashAway. This constitutes 25% of my wealth and it provides a good entry point for investment as they have good commentary and explanation/Breakdown for your savings.

For Elastiq, you can check out this article by THE KIAM SIAP LIFE. IT provides a pretty good analysis of its pros and cons.​​​