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Chin Guo Qiang (ITIL4 / CSPO / CSM)
02 Nov 2023
Assistant Vice President, IT Operations at Bank of China Limited
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7-10 % interest is very high. Please check what is the company doing with your money. The last thing you would want is for you to not get back your principal in full.
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7-10% sounds high. Ask what is the risk of the investment plan. 7-10% might be the optimistic case. Check the downside
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Jason Sing
23 Sep 2018
School Of Hard Knocks And Life at School Of Hard Knocks And Life
I would rather put it in Singapore Saving Bond.
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Jay Liu
23 Sep 2018
Accounting and Finance at ACCA
I'll rather DIY myself by using high yield savings account, bonds, FD than paying high premiums to a...
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Might want to split between these 2 plans first (for starters)
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High-interest Savings Plan (note income source might be required) : Generally hgih 2+ ~ 3+% pa.
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Singapore Savings Bonds (10 years tenure, 6 months payout interval) : Avg 3.3% pa interest (based off Oct 2023 issue)