Insurance agent giving advise on how to achieve COT

https://v.redd.it/ovtbiyeqc9uh1

26 comments held Reddit says 0 on reddit ↗

u/Late_Literature_1510 1 3 days ago

Leeches upon us all.
u/sometimeshard01 1 3 days ago

with so much information available online and around us, how do people still fall for ILPs
u/RoundDonn 1 3 days ago

You give too much credit to your gullible and naive sinkies who think they are very smart with their own money 🤷‍♀️
u/stockflethoverTDS 1 3 days ago

Lots of people, including folks like doctors or profs and army scholars, have no idea how investing works. And this is why DIY finance or insurance did not take off in SG.
u/shiitake03 1 3 days ago

Many are not doing own research and many are falling into it because FA tend to not being straightforward, they technically dont lie but if you dont ask about the risk, they wont tell you. I had a friend who pitched me 11 years ago, needless to say, we are no longer friend lol.. he is a scum
u/Fightnki1l 1 3 days ago

I had a bet with my FA friend(very very close). I buy a 6k ILP x8 year from him and I ownself do my way. It has been 8 years I won like by x2 the amount just by VWRA DCA and at the same time felt like I lost so much.
u/KDondakeC 1 3 days ago

Bruh u actually betting already mean you lost
u/Fightnki1l 1 3 days ago

It’s a friend I know for like half my life , he handles my insurances as well etc.
u/_IsNull 1 3 days ago

What’s the prize for the bet? Is it higher than the commission?
u/Fightnki1l 1 3 days ago

Just one round of food and drinks. Would say lost about 40kish of opportunity cost.
u/Separate_Vanilla_57 0 3 days ago

Schools should start teaching financial literacy.
u/_IsNull 1 3 days ago

Someone told me xxxx is big company and profitable. Means they know what they’re doing. Me : 🤯
u/[deleted] 1 3 days ago

[removed] — already gone when the archive first saw it
u/RoundDonn 1 3 days ago

r/singaporefi public enemy number one
u/kitsumodels 1 3 days ago

Final boss
u/Junior_Word8811 1 3 days ago

I'm an FA and I don't understand the point of this video
u/Letitallworkout123 1 3 days ago

Just need to find 50 kumgong NSFs to sign these ILPs and he achieve his target. Really worse than scum.
u/Feisty-Gap6969 1 3 days ago

No need flex shirt and watch la. Flex how you can “package your product based on your client” and how you can have a “growth” mindset
u/[deleted] 1 3 days ago

[removed] — already gone when the archive first saw it
u/[deleted] 1 3 days ago

[removed] — already gone when the archive first saw it
u/Glass_Newspaper_5923 1 3 days ago

i'd be embarrassed if i fed my child for 18 years and they became a financial advisor
u/AltruisticDBS 0 3 days ago

no doubt ilps are the most profitable plans. Put a disclaimer, no guaranteed returns.
u/Icy-Frosting-475 1 3 days ago

Seems like one of the better FA compared to the rest. At least he doesnt give scummy advise
u/BoordL 1 3 days ago

Huh what? His entire video was how to sell more (entirely focused on making whatever mdrt/tot/cot, how to package XYZ a different way to get clients to buy) rather than anything at all about how to better advice clients or how to understand their needs. How is this a good agent?
u/Traditional_Step_568 1 3 days ago

basically salesman
u/sgh888 1 3 days ago

And saleswoman becuz he say his mentor is a she