3% ...whoa...3%
StanChart offers guaranteed investment/insurance fundStandard Chartered Malaysia, in partnership with Prudential Assurance Malaysia Bhd, has launched a closed-end five-year PRUlink Guaranteed Account that combines life insurance protection and a guaranteed annual investment return of 3%.
PRUlink Guaranteed Account provides insurance protection of up to 125% of single premium for natural death or total permanent disability and 150% of single premium for accidental death. Besides minimal underwriting, no medical check-up is required.
I have to say Prudential is already one of the most innovative insurance company we have in Malaysia. But 3%......wei ....3%......3%...wor....
Imagine this insurance girl comes to your office and ask you to invest in this guaranteed dun know what shit account. Do you think she will be able to get your cock hard? ok ok....cannot be too adult...this is afterall a very serious blog.....
Prudential eats water too deep liao (basically, this means they have been too greedy). AAA bond is trading at 5.25% ++. That is as good as you can get. To offer you 3% + the useless 125% premium or whatever, the spread is a whoppy 2%....That is a money printing machine.
Wei, Auntie Twinmom, you understand what I am saying ah?
Basically, I am saying, putting money with this scheme is as bad as putting your money under the bed.....
If this product by Prudential can sell well. It means that there is a helluva liquidity in the market. Then the so called talked down yield of 6%+ for REIT is sellable.....
ok ok.....now, YTL, SunCity, Axis etc, alll got hope liao. You all can go lauch your REIT...I also want to lauch my REIT. I am going to pull my property in Pandan and Bukit Jalil and another one in Taman Midah Condo into a REIT....
You want to buy ah? :P
Junior
posted by Junior @ 10:11 PM
1 Comments:
no, Junior not selling insurance but i am. twinmom you don't naik api with me huh, i come in peace :> i have just posted my comment in msau's blog.
what i wanna talk here is, you do not mix up insurance and investment.
Insurance is to protect your financial when something unhappy happen to you (Unhappy?? can be a lot of things wo.... :p)
Investment is about Win or Lost, ya you get your return or pay even more... (like our junior paid alot for his football team)
if you talk about protction, maybe its good to buy it, but bare in mind that you have to repurchase it again after five years. and you are older then, means premium will be higher.
and talk about investment, aiya no need talk la. 3% Worrr... Junior already said lo, invest in his house is even better...
so my conclusion is.... you don't expect big return while having big protection.
Loc1717
Post a Comment
<< Home