PremierLife Generation with Financing

[reddevil0728]

I speak to alot of ppl for my daily work. Most ppl are ten year series smart but it requires alot of effort and thought to frame a question. Not that ppl are not smart, but i think ironically many cannot afford the time for big investment decisions.
One possibility of the person is that he is trying to suss out ppl that buy this and borrow their immediate analysis.

Yea, so why don’t just go straight to the point to ask that? Rather than first ask if anybody got exp

if people got exp can just immediately reply.

if no exp, ppl may just not reply?

 

[BBCWatcher]

Yea, so why don’t just go straight to the point to ask that? Rather than first ask if anybody got exp

Fair I suppose, but it’s fairly hard to ask “perfect” questions.

There’s also the important point that “past performance does not necessarily indicate future results.” Someone could’ve had a good or great experience in the past, but that doesn’t mean an investment will perform comparatively well going forward. Indeed, chasing past high flying investments is often a great way to buy high, sell low. This stuff isn’t like shopping for the best refrigerator.

As a general rule, don’t buy anything your “relationship manager“ is peddling that involves the bank taking the other side of the bet. (And I could’ve put a period after the word peddling. It’s also hilarious how so many people think having a “relationship manager“ is a good thing.)

 

[reddevil0728]

Fair I suppose, but it’s fairly hard to ask “perfect” questions.

There’s also the important point that “past performance does not necessarily indicate future results.” Someone could’ve had a good or great experience in the past, but that doesn’t mean an investment will perform comparatively well going forward. Indeed, chasing past high flying investments is often a great way to buy high, sell low. This stuff isn’t like shopping for the best refrigerator.

As a general rule, don’t buy anything your “relationship manager“ is peddling that involves the bank taking the other side of the bet. (And I could’ve put a period after the word peddling. It’s also hilarious how so many people think having a “relationship manager“ is a good thing.)

It’s ok if you want to say this.

but don’t need to quote when it really relevant leh.

 

[CrashWire]

Fair I suppose, but it’s fairly hard to ask “perfect” questions.

I think what reddevil0728 was trying to get at is that it shouldn't be difficult to not ask "bait" questions like "did anyone buy this OCBC product", which aren't the actual question that's floating in the questioner's mind.

Similar to "don't ask to ask, just ask":

https://dontasktoask.com/

 

[reddevil0728]

I think what reddevil0728 was trying to get at is that it shouldn't be difficult to not ask "bait" questions like "did anyone buy this OCBC product", which aren't the actual question that's floating in the questioner's mind.

Similar to "don't ask to ask, just ask":

https://dontasktoask.com/

seems like you are more learned than bbcw in this aspect

 

[JuniorLion]

Don't compare different asset classes.

 

[reddevil0728]

Don't compare different asset classes.

referring to a specific post?

 

[JuniorLion]

Yup. Someone said iwda vs this. One is 100% stocks, one is 70% bond. Totally cannot compared as the risks involved are different.

 

[reddevil0728]

Yup. Someone said iwda vs this. One is 100% stocks, one is 70% bond

Oh who comparing

 

[flyboy]

Just got introduced this by my RM. Example, capital $280K, borrow $720K. Monthly payout after 2 years.

I think I might as well just buy OCBC shares and put in the fridge.

 

[reddevil0728]

Just got introduced this by my RM. Example, capital $280K, borrow $720K. Monthly payout after 2 years.

I think I might as well just buy OCBC shares and put in the fridge.

not like for like comparison.