How a woman lost $200k after investing in complex financial product

[Les grossman]

https://www.straitstimes.com/busine...-after-investing-in-complex-financial-product

 

[jurongwest]

KNN article is paywalled leh :(

 

[Aaron carter]

Full hacked version at https://shortto.link/sJ , you are welcome.

 

[Sustanon]

Isn't that obvious again that woman should never ever, ever be allow to manage or handle any money?

 

[KingFook Sr]

KNN article is paywalled leh :(

TS is working for shit times to scam us.

 

[sbfuncle]

Gong cheebyes many many many

 

[sbfuncle]

In another case, a customer bought a 15-year endowment policy through a bank as part of his retirement planning. The policy required him to pay an annual premium of $5,000 for five years.


During the purchase, he was shown a “benefit illustration” outlining that he would receive a guaranteed maturity amount of $20,000 plus a non-guaranteed portion.

Whenever those insurance agents tried to show me this kind of benefits illustration with non guaranteed portion, I would tell them means suka yi kong is it.
Then the agent could tell I'm not a gcb, so they wouldn't want to waste their time on me and excuse themselves lol

 

[Cs101]

Full hacked version at https://shortto.link/sJ , you are welcome.

200K got back only 80K that's like 60% gone with the wind sia

 

[shock888]

Gong cheebyes many many many

Coolie Gene Sinkies have to think over for a long time a 100 hundred dollar purchase, but thinks nothing and agrees to any investment product in a bank for less than 5 minutes amounting to thousands of dollars.. Pathetic…

 

[Tylenol]

Should have gone all in on bitcoin, now already surge past 100K....

 

[Hypocrite-The]

Should have gone all in on bitcoin, now already surge past 100K....

If not willing to take risk...CPF is the bestest....it's tax free, not part of estate so protected from bankruptcy etc, compounded interest, and even the scammers can't get at it....what not to like?

 

[Taylorshit]

CPF is nothing but a perpetual ponzi scheme I shit you not

 

[Nymphomania]

And all this while she never bothered to check her statements? How more epically stupid can she get?

 

[MyMother]

Decades of mollycoddles had created a culture of taking things for granted. Do these people not have any introspection or self reliance on such matters?

 

[Pinkieslut]

Ask this restarted sPG to open her CCB for 50$ per shot work hard enuff 200K no problem

 

[MyMother]

Ask this restarted sPG to open her CCB for 50$ per shot work hard enuff 200K no problem

She's 58 this year.

 

[eatshitndie]

this is why it’s safer for sinkies to invest their money in properties. sg is now scam hub. too many sheep conditioned for too long by the “safe” sinkie and walled garden environment until wolves cum calling with an open door policy. huat ah! time for mass slaughter of little fat sheep.

 

[sbfuncle]

58yo now belongs to my kind of era.
Why were there still Chinese stream?
Going for Chinese stream back then was about the same as enrolling to a special needs school.
No wonder she behaved so stupidly.
Was already a gcb since birth.

 

[Nymphomania]

Ask this restarted sPG to open her CCB for 50$ per shot work hard enuff 200K no problem

After 4000 times I think her ccb would completely drop off lol

 

[Taylorshit]

Ask this restarted sPG to open her CCB for 50$ per shot work hard enuff 200K no problem

Is she even worth $50/shot?