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Do you recommend people to invest in it since there is no minimum amount to invest and the returns are guaranteed by the bank?
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financeopti
17 Aug 2023
Blogger at http://financeopti.blogspot.com/
TBills interest rates are higher. But you have to wait for the TBill to open (6 months TBills open 2 times a month) before you can invest. Whereas for the StashAway Simple Guaranteed you can put in money any time you want.
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Robin
Edited 07 Jun 2023
Administrator at SG
Good for fast liquidity. Better than idling in the ...
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Cryotosensei
12 May 2023
Blogger at diaperfinancingfund.blogspot.com
Sounds less onerous than investing in either SSB or T-bills. I just parked $1000 into this Simple Guaranteed after reading your post. Thanks for the heads-up.
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Not too bad....
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4.7
1293 Reviews
StashAway Simple Guaranteed 3.55% p.a. (Guaranteed rate)
Cash Management
INSTRUMENTS
None
ANNUAL MANAGEMENT FEE
None
MINIMUM INVESTMENT
3.5%
EXPECTED ANNUAL RETURN
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Maybe Syfe Cash+ Guaranteed better?