tag:blogger.com,1999:blog-1603222303785259307.post1289312889232140625..comments2023-09-23T21:52:50.905+08:00Comments on Health and Wealth: Investing your CPF MoniesKhiat Han Hwee Adrianhttp://www.blogger.com/profile/00954307521105388372noreply@blogger.comBlogger12125tag:blogger.com,1999:blog-1603222303785259307.post-30119197934483816522009-11-09T12:25:51.350+08:002009-11-09T12:25:51.350+08:00Hi Adrian,
Can I know what ETFs can we buy with O...Hi Adrian,<br /><br />Can I know what ETFs can we buy with OA and SA money ?<br /><br />Thank you in advance.<br /><br />Regards<br />SallyAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-31682693178242633762009-05-29T12:55:02.790+08:002009-05-29T12:55:02.790+08:00Adrian,
You are a good man but unless you charge ...Adrian,<br /><br />You are a good man but unless you charge your clients a fee for using your advice, you are not going to be in the industry for long. If you are not going to stay in the industry for long, how can you put your clients' interest first?<br /><br />There are many free-riders in the industry - such as the one who buys a "free" term from another company and another one who thanked you for telling him not to buy the Growth plan..Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-66134079703519848282009-05-29T11:19:49.761+08:002009-05-29T11:19:49.761+08:00Don't need to thank me. I'm not asking anything ba...Don't need to thank me. I'm not asking anything back in return. If I'm able to help, I'll help. If its not within my capacity, I'll have to say sorry.Khiat Han Hwee Adrianhttps://www.blogger.com/profile/00954307521105388372noreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-65260306084926007832009-05-29T09:16:16.477+08:002009-05-29T09:16:16.477+08:00Thank you , Adrain, without people like you we con...<I>Thank you , Adrain, without people like you we consumers very often get conned by dishonest insurance agents. I trusted ntuc agents but now I would think twice.Consult you first .<br />God bless you</I>To Vincent,<br /><br />Don't just thank Adrian for giving good advice to you. Have you paid Adrian a fee for the good advice? Have you realised that he earns nothing from this advice? Don't just thank verbally, follow-up with an action. There is no need to buy anything from him.<br /><br />An adviserAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-21200089949265126812009-05-28T11:03:30.061+08:002009-05-28T11:03:30.061+08:00I bought Growth Policy from a NTUC agent few years...I bought Growth Policy from a NTUC agent few years back with my Special Account. I realise how stupid I have been conned by the agent. I am thinking of taking action against the agents for misleading and misrepresenting the product. If i quit now I will lose but Iam thinking of justice.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-71745763824259143822009-05-27T17:35:54.193+08:002009-05-27T17:35:54.193+08:00You know, Adrain, this ntuc agent called me again ...You know, Adrain, this ntuc agent called me again and her argument is that Growth gives free double protection insurance whereas CPF gives nothing.I told her I don't need insurance and I prefer the risk free return. Her another argument is that CPF may not give 4% .I told her CPF minimum return is 3.5% risk free and no need to lock in for 10 years and it may also go up more than 4%. Ntuc growth 4% is not guaranteed.<br />Anyway, she was not happy that I don't want to buy, insisting about insurance growth gives.<br /><br />Thank you , Adrain, without people like you we consumers very often get conned by dishonest insurance agents. I trusted ntuc agents but now I would think twice.Consult you first .<br />God bless you<br /><br />VincentAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-45942947787407590202009-05-26T09:36:51.583+08:002009-05-26T09:36:51.583+08:00Thank you , Adrain for the clarification and advic...Thank you , Adrain for the clarification and advice . I also thought it was not right.I would have fallen into the trap..this is not ethical<br />We have to be wary.<br />Thanks and all the best<br /><br />VincentAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-50377361292996872002009-05-25T17:04:19.125+08:002009-05-25T17:04:19.125+08:00btw, Growth plan for CPFSA is not allowed for some...btw, Growth plan for CPFSA is not allowed for someone at the age of 54. The minimum term is 10 years and maximum maturity is 62 yrs old.<br /><br />I'd never recommended a CPFSA Growth in my career as I'd advice people against it. If the person is not satisfied with the guaranteed returns and have the appetite and time horizon for higher returns, they may consider investing them.<br /><br />Its a good move by our govt to lock in $30k CPFSA before one can invest it.Khiat Han Hwee Adrianhttps://www.blogger.com/profile/00954307521105388372noreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-2569550173398789192009-05-25T15:03:51.662+08:002009-05-25T15:03:51.662+08:00Hi Vincent,
Your earlier comment:
"i am 54 and m...Hi Vincent,<br /><br />Your earlier comment:<br /><br />"i am 54 and my insurance salesman from ntuc has been pushing me to use my special account to buy growth policy. It is okay or not, Adrain.<br />She said got insurance double protection and CPF no insurance. The return better than Cpf also. true or not. Please advice."<br /><br />***<br /><br />Growth Plan over 10 years gives around 4% non-guaranteed. CPFSA is able to give around this figure and is guaranteed. There are other implications especially if you are already 54 years old. I"ll not advise it.Khiat Han Hwee Adrianhttps://www.blogger.com/profile/00954307521105388372noreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-86718781232686901062009-05-25T09:24:19.240+08:002009-05-25T09:24:19.240+08:00hey, adrain, I asked for your opinion whether I sh...hey, adrain, I asked for your opinion whether I should buy the single premium growth from ntuc using my CPF Special Account and you have not answered me. Tell me why I should and why I should not.<br />Thanks you in advance.<br /><br />VincentAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-23938727075395246542009-05-24T14:15:51.620+08:002009-05-24T14:15:51.620+08:00In other news totally unrelated to unscrupulous hu...In other news totally unrelated to unscrupulous human beings, a SWF lost 80% on one of its investments and the country's citizens are expected to work till the day they die.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-1603222303785259307.post-30750180172367649672009-05-23T13:28:54.094+08:002009-05-23T13:28:54.094+08:00Good that $50K (20K OA, 30K SA) are been locked aw...Good that $50K (20K OA, 30K SA) are been locked away from the unscrupulous insurance agents...If this money falls into the hands of these greedy, sob agents, either they don't make money in conservative endowment or they lose them in risky investment. With the $50K ,CPF can give good return that is risk free, without the bullshits and the long lock in products sold by insurance agents.<br />I hope in the near future, no insurance agents should be allowed to manage CPF money.Anonymousnoreply@blogger.com