Comments on: DBS Invest Choice Account

By: lioninvestor

lioninvestor — Thu, 03 Sep 2009 15:46:30 +0000

You are right. I don’t recall seeing the $100k min criteria on the website. Either I missed it or they just added it in there.

By: A Singaporean

A Singaporean — Thu, 03 Sep 2009 13:43:55 +0000

Eh, the website says minimum investment amount S$100,000…

By: James Tan

James Tan — Thu, 03 Sep 2009 03:12:01 +0000

Hi Lion,

Thanks for the info. But let’s say if you had $100K, where would you park it to collect guaranteed 3% p.a. plus guaranteed principal ?

Regards,
James

By: lioninvestor

lioninvestor — Wed, 02 Sep 2009 20:07:01 +0000

Hi Vincent,

Personally, I wouldn’t invest into this product but there could be people whom this product is suitable for.

More importantly, anyone who wants to consider this product should understand it carefully before investing in it.

By: lioninvestor

lioninvestor — Wed, 02 Sep 2009 20:04:36 +0000

Hi James,

The redemption will be triggered by the bank if the redemption conditions are met. ie. All 4 stocks are 15% or more above the original price at various fixing dates.