Family health is a priority during time of pandemic & by saving regularly in Maybank Tabungan EduPlan Plus/ EduPlan Plus iB. The illustrative example is meant for illustrative purposes only and should not be relied upon as advice. DISCOVER MINIMUM DEPOSIT. Investment > All rights reserved. DisclaimerThis document is prepared for information and general circulation only and does not have any regard to the specific investment objectives, financial situation and the particular needs of any specific person who may receive this document. Try not to let the ‘savings’ in the name mislead you, a RSP is an investment instrument that requires you to set aside a fixed sum on a regular basis. A Regular Shares Savings (RSS) Plan or Regular Savings Plan (RSP) allows you to regularly invest a fixed amount of money into a variety of financial products. This all-in-one feature allows you to create a Goal, set a monthly amount contribution, and track your progress. Dollar Cost Averaging (DCA) Regular Savings Plans The most important thing about setting goals in life is having one. Do not disclose any sensitive information over emails / calls / SMS.Call us immediately. Regular Savings Plan uses an investment method called dollar-cost averaging to protect the investor from most of the volatility of stocks. Regular Savings Plan (RSP) is an investment plan that offers a consistent and disciplined means of investment for stocks and unit trusts. When you invest using a VAP, you start by setting a monthly target amount that you want your portfolio to grow (i.e. the objective of regular savings plan is usually to smoothen out your returns because no one knows the direction of the market for sure... if you are just expecting rm24k at the end of the day, you can do the regular savings plan in your bank account (which is not advisable) "Regular savings plans invest a fixed amount of funds every month into buying blue chip stocks, REITs and ETFs, using an investment method called dollar-cost averaging to protect the investor from most of the volatility of stocks." Looking at the table below, if an investor was to have invested RM100 monthly over a 12-month period in a volatile market with dollar cost averaging. Control: You can adjust your monthly investment contribution (subject to the minimum investment amount), change your fund selection or cash in your investment any time you wish. A Savings account you can manage completely … View the principle and total savings by year, in the chart and table. The money that is used for your monthly investments will … Wealth Management > Click here to read more on iSAVvy Savings Plus Account Deposit Insurance Scheme Singapore dollar deposits of non-bank depositors are insured by the Singapore Deposit Insurance Corporation, for up to S$75,000 in aggregate per depositor per Scheme member by law. Prices can go up and down. A regular investment savings plan to help you get ahead, affordably UOB Regular Investment Savings Plan (RIS) a disciplined approach to investing. This is achieved by investing a smaller fixed amount regularly, regardless of the timing or the individual cost of investments. Online savings account with high interest rates for teens from 12 to 18 years old. Benefits. It is also a good way to accumulate savings, even if you start with a modest RSP of $100 each month. Regular Savings Plan is an investment plan that can help you meet your financial goals. Most prominent among the new features is the Goals Savings Plan. Regular Shares Savings (RSS) plans allow you to invest small amounts of money every month to invest in blue-chip stocks, Exchange-Traded Funds (ETFs) that track the Straits Times Index (STI), or Real Estate Investment Trusts (REITs). Our plans cater to all kinds of investors, from new investors looking to invest smaller amounts to investors looking to invest abroad. Interest compounded based on selected period. / Wish / Fund Name / Amount / Paid By / A/C Name to / Create Investment plan / Baht / Amount Words / A/C No. Affordability: You need as little as RM 100 a months to get started on this plan via our Maybank2u Online. Convenience: All you need is a link to your Maybank account, and the RSP will be ready for your investment. Investing in Unit Trusts and through a Regular Savings Plan (RSP) does not have a lock-in period, as compared to other regular investment facilities that may have a lock-in period of 10, 20 years. An investment in the fund is subject to investment risks, including the possible loss of the principal amount invested. If you want to build up your investment through a month saving plan, this is for you. Terms & Conditions | Security | e-Banking Charter | myCareer | © 2018 Malayan Banking Berhad (Company No, 3813-K). Don't be a victim of email or SMS fraud! Track Your Portfolio: With access to our Maybank2u Online, you can monitor and track your portfolio performance anytime and anywhere. Whether you are planning for retirement, saving for your children’s education or aiming to achieve other financial objectives, Regular Savings Plans (“RSPs”) could potentially help you … Opening a KE Trade Prefunded Account for Monthly Investment Plan There are 3 ways: Online Select "Monthly Investment Plan" here. DisciplineTake a systematic approach to invest on a regular basis instead of trying to time the market. Wide Choice of Funds: Whether you are a risk-averse or an aggressive investor, your unique requirements could be met with our wide range of unit trusts managed by reputable fund managers. 8%) . PhillipCapital's RSS, launched in February 2002, was the first, followed by POSB and OCBC Bank in mid-2013, while Maybank … Maybank Singapore Limited (UEN: 201804195C). Dollar cost averaging is a well-proven and recognized tool in risk management, which advocates the exact opposite of dangerous market timing. 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