IM PISSED!

Money no have

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Well only 20k lost

At least no debt
I lost more in 4D, i dont kpkb.

the point is, unlike many experts here suan xiao me saying i made my own investment decision, kp simi??

the problem is the agent specifically emphasised that it was like a saving account.
 

Jian19

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I lost more in 4D, i dont kpkb.

the point is, unlike many experts here suan xiao me saying i made my own investment decision, kp simi??

the problem is the agent specifically emphasised that it was like a saving account.
Yea its tricky

Cause most the time so called agent only wan to earn commission, if they so good they already ownself start company

The "recommendation" usually come from the above as well , they are just foot soldiers
 

Potato_Wedges

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I only buy such policy with the following 2 conditions:
1. Agent must be very chio.
2. Agent willing to bed.
So far, only 3 agents has fulfilled these conditions. $$$$$ well spent actually for me.
TS agent must be with a guy or dinobu. No wonder so angry.
 

Kanko San

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ownself buy stock, at least if never sell is not a lost.

This type of policy once buy can only go one direction.
Last time I bought PCI..100 lot at 86 cents. Then again I bought 100 Lot at 88 cents, hoping can go 92 cents n contra.
It didn't n went down, remisier forced sold n close my account after I lost $20k on 1 counter n pay him after some time.
I don't regret cos it is my greed.
 

RedRedWine

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Funds hardly drop overnight it probably has been dropping overtime and u not been caring to do a fund switch or redeem earlier

u should have done just fixed deposit if u are like this
 

Lchlch

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You bet.
My wife was conned at OCBC Tampines central.
Teller refer her to talk to an agent there after seeing my wife bank account 30 years back.
Agent told my wife. ILP is like fixed deposit. Can get back more even after 10 year.
My wife every year puy $2k n after 10 years, got back less than 1/4 of original investment.
My wife want to keep her saving secret, hence never tell me on buying an ILP investment.
Hope Karma strike that Agent for conning pple that ILP is like FD
Honestly, many times , not ocbc, when I do trasact over the counter, the counter staff will see my book n wanted to sell me investment plan.

Which honestly I am not feel good at.
And the bank or MAS should gv all banks a stern warning not to solicit customers to buy any investments. Cos if investments gone wrong , who's fault?.
 

BigMonkey

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Last time I bought PCI..100 lot at 86 cents. Then again I bought 100 Lot at 88 cents, hoping can go 92 cents n contra.
It didn't n went down, remisier forced sold n close my account after I lost $20k on 1 counter n pay him after some time.
I don't regret cos it is my greed.
you are making the remisier richer
 

Money no have

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Be
Funds hardly drop overnight it probably has been dropping overtime and u not been caring to do a fund switch or redeem earlier

u should have done just fixed deposit if u are like this
Definitely been on a downward trend from day 1,
And guess the funny part?
Experts here recommend me to hold it for a long time horizon.
But i have been holding it for like 7 years? Long enough? Or follow your advise and switch earlier them also kenna bash by experts here for not holding lol
 

Laguna123

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Last time I bought PCI..100 lot at 86 cents. Then again I bought 100 Lot at 88 cents, hoping can go 92 cents n contra.
It didn't n went down, remisier forced sold n close my account after I lost $20k on 1 counter n pay him after some time.
I don't regret cos it is my greed.
Why u didn’t hold? Now PCI $1+
 

Lchlch

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When you reach a certain age like in 50s onwards, do not invest.

Do not take the risk.
If earn profits, well wishes to you
If opposite, good luck.

Bear in mind how many decades of hard life hard earning saving you hv gone through.
 

harbinger255

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When you reach a certain age like in 50s onwards, do not invest.

Do not take the risk.
If earn profits, well wishes to you
If opposite, good luck.

Bear in mind how many decades of hard life hard earning saving you hv gone through.
Priest print this out and paste outside sg pools outlets to educate them.... :s34:
 

MeOw33MeOw

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Yes, correct
It’s a long term investment e.g. minimum 5 years
Might not be worth it if FD interest rate is high
In the end after 5 years you earn about the same as FD.
Personally I think FD is better because you are still assured of the capital plus interest
Whereas those investment policies under insurance companies depend on investment earnings which is not predictable
 

Lchlch

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Yes, correct
It’s a long term investment e.g. minimum 5 years
Might not be worth it if FD interest rate is high
In the end after 5 years you earn about the same as FD.
Personally I think FD is better because you are still assured of the capital plus interest
Whereas those investment policies under insurance companies depend on investment earnings which is not predictable
Yes that's why when those agents approach me about their bloody policies, my immediate reaction is NO.
And walk away.
 
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