POSB's newly launched Invest-Saver Account is a Regular Savings Plan that allows us to invest via a GIRO arrangement on a monthly basis.
No securities trading account or CDP account is required.
All we need is a savings or current account with POSB.
It charges a flat fee of 1% per transaction.
For more information, go to:
POSB Invest-Save Account.
NEW LINK: HERE.
My take?
In a nutshell:
If we are putting aside between $100 to $500 a month, POSB Invest-Saver is a good choice.
If we are putting aside more than $500 a month, OCBC Blue Chip Investment Plan is a better choice.
See:
OCBC Blue Chip Investment Plan.
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Tea with Matthew Seah: POSB Invest-Saver Account.
Wednesday, July 24, 2013Posted by AK71 at 10:31 AM 8 comments
Labels:
investment,
Matthew Seah,
savings
How much will my tea break and lunch cost tomorrow?
Tuesday, July 23, 2013
This is an impromptu blog post in response to a comment by a reader, Serendib, in an earlier blog post: here.
That is how much my tea break and lunch will cost tomorrow. Yup, a grand total of $1.00. Actually, it will be less because I will get a 5% rebate from the SMRT Pay Wave VISA and I will also get a rebate from being a NTUC CO-OP shareholder. If you can see me now, I am smiling.
Tea to be provided by the office pantry, of course.
I am quite looking forward to having this tomorrow. In fact, I am tempted to eat one now but I shall resist! Yum, yum.
Posted by AK71 at 10:22 PM 19 comments
Labels:
meal
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