Turn your Ang Bao Money into Silver, Platinum or even Gold!

Happy Chinese New Year Everyone!

It is the festive time of the year to receive and giving out little red envelopes. These little red envelopes are called “Hong Bao” 红包 in Mandarin, “Ang Bao” in Singapore and “Lai See” in Cantonese. The money inside is called “压岁钱”, which is also known as “lucky money” or New Year’s money.

Saving your “lucky money” by accumulating precious metals holdings

“When you have nowhere to spend, don’t spend on handbags, invest in GSAP”

There is no better time to start the habit of saving and investing money at a regular basis than at Chinese New Year because you have a good sum of extra cash to get started.

Saving for the future instead of spending right away is a good way to start. Time to stop spending your ang bao money on things that you do not actually need. Try saving and accumulating with our GSC Savings Accumulation Program (GSAP) instead. Let your “lucky money” work harder by investing in GSAP!

Below is a summary how GSAP works:

1. Accumulate min. $100 per month.
2. Minimum period to commit: 1 cycle (3 months)
3. Accumulate daily on business days based on GSC 10am reference price automatically.
4. You may refer to the 10am reference price through our website.
5. Helps the client buy more when prices are low and less when prices are high.
6. Dollar Cost Averaging method.
7. Upon the maturity of the savings plan, clients can choose to take physical delivery of your accumulated holdings or sell to encash it.
8. The only cost incurred is the storage charges of 2.5% per annum. It will be calculated daily as your holdings increase day by day.  (Based on 10am reference price as well)
9. The storage charges will be debited from your accumulated holdings on the 1st business day of the following month.

“You may decide to indulge when you have won the fight,

but don’t forget GSAP when the time is right.”

The right time is here. Contact us if you have any other enquires or you may also sign up through the form here!

Cheryl