???Originally posted by arch123:Any insurance agent here? I am thinking of investing but I need guidance.
Perhaps you had mistaken my post. I never say anything about IFAs.Originally posted by tokyofire:haha... do u think that majority of the IFAs in Singapore are really that good?
How many can really plan a Retirement Plan??
All IFAs/FAs are trained to sell because commission, sale charges and wrap fees are their main souce of INCOME.
Newbie will find them better than normal insurance agents but a well knowledge person will find them the same as insurance agents.
The only difference is probably investment but FA firm like IPP is charging 1% wrap fee. Siao bo.. give them 1% for chow bo.
According to experts, the bear market was expected last year but it didnt happen. There is a possibility that it will come this year as it's already in the 5th year of Bull Run. So before u invest, make sure the IFAs/FAs warn u about this.
So you were ripped off before?Originally posted by tokyofire:The problem is whether it's IFA or agent.. too many black sheeps out there!!
How would u know u met a good 1? Initially u thought it's a good one but only to know that u are being ripped off.
Originally posted by Rock^Star:So you were ripped off before?
U clone? I'm not sure if i need to reply you.....Originally posted by kantang seller:Kena conned to buy an ILP... but now i'm financially knowlegable.. i can deal with it.
Some ppl surrender, but i'm keeping it. using as a term policy.
kana con to buy ILP?Originally posted by kantang seller: