Questions About MLM/Networking

**uls** · October 12th, 2020 03:24 PM

sarap barahin mga yan

binebentahan ako mutual fund explain nila meron equity fund, bond fund, mixed fund... depende sa risk tolerance ko...

sabi ko "i want exposure to gold pero i don't wanna buy physical gold... do you have a product for that?"

wala

the closest they have is equity fund that probably contains some mining stocks

"i want something like gold ETF GLD na local version meron ba?"

blank stare

haha

financial advisor my ass

**jut703** · October 12th, 2020 03:37 PM

Originally Posted by uls

sarap barahin mga yan

binebentahan ako mutual fund explain nila meron equity fund, bond fund, mixed fund... depende sa risk tolerance ko...

sabi ko "i want exposure to gold pero i don't wanna buy physical gold... do you have a product for that?"

wala

the closest they have is equity fund that probably contains some mining stocks

"i want something like gold ETF GLD na local version meron ba?"

blank stare

haha

financial advisor my ass

Also when you ask them details of their MF - toplines lang alam nila.

My reservation with insurance - they promise you money when you die. But that same money, you paid for anyway, ininvest lang nila yung portion (after taking out their income).

If you're able to invest the same money in other instruments (UITF, direct stocks, real estate, etc) - edi in 10 or 20 yrs exponentially higher na rin yun.

It's the concept of VUL vs BTID which is pretty basic but most "financial advisors" cannot explain why it's better.

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**uls** · October 12th, 2020 04:04 PM

basically they just want your money kaya isip sila paraan

aalamin nila income mo and if mabigat para sayo ang VUL they'll think of something lighter -- btid

they just wanna make a sale

tingin ko talaga sa mga "financial advisor" ahente

medyo angat lang ng konte sa kotse buy & sell

**jut703** · October 12th, 2020 05:15 PM

Originally Posted by uls

basically they just want your money kaya isip sila paraan

aalamin nila income mo and if mabigat para sayo ang VUL they'll think of something lighter -- btid

they just wanna make a sale

tingin ko talaga sa mga "financial advisor" ahente

medyo angat lang ng konte sa kotse buy & sell

They dont even offer BTID. Maliit kumisyon diyan eh vs VUL. Mamaximize nila monthly mo sa kanila kasi dun sila kikita hehe

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**papi smith** · October 12th, 2020 05:24 PM

Originally Posted by jut703

They dont even offer BTID. Maliit kumisyon diyan eh vs VUL. Mamaximize nila monthly mo sa kanila kasi dun sila kikita hehe

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Ok lang sana if it works in your favor din, kaso sila lang ang kumita, several years later, even in a bull market, negative pa ang position ng VUL, except for single pay. VULok talaga.

**tarzegetakizerd** · October 13th, 2020 09:13 AM

Originally Posted by jut703

They dont even offer BTID. Maliit kumisyon diyan eh vs VUL. Mamaximize nila monthly mo sa kanila kasi dun sila kikita hehe

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hahahaha yung friend ko bagong pasok na FA. tapos nung binoboleks ako eh nakuwento ko na BTID gusto kong strat. Sabi niya, "Ano yun?" She's a good friend, though, so di ko maignore haha

**boybi** · October 13th, 2020 11:26 AM

What is VUL and BTID?

Are you saying here na hindi ok maginvest sa mga insurance? I bought some investment/life insurance, feeling ko lang while I am still earning, dun ko lagay part of savings for my future (and also my kids').

**tarzegetakizerd** · October 13th, 2020 11:44 AM

Originally Posted by boybi

What is VUL and BTID?

Are you saying here na hindi ok maginvest sa mga insurance? I bought some investment/life insurance, feeling ko lang while I am still earning, dun ko lagay part of savings for my future (and also my kids').

Based on discussions I've had, okay yung VUL if part of diversification siya ng investment portfolio mo. Ang VUL kasi, Life Insurance + Investment. Pero yung investment, may managers na mag-manage. If yung VUL mo is time-based, say bayad ka for 10-15 years at fixed cost, then after that, yung investment mo ang magbayad dun sa insurance part. Recommended daw to for yung mga walang time mag-invest. Malaki lang din chance na di naman lalago yung investment part.

Sa BTID, bili ka lang ng term insurance (cheaper), then invest mo yung difference ng pangbayad mo sana sa VUL. Dadating yung time na mas mataas na yung investments mo compared sa payout nung insurance, so pwede mo na itigil yung pagbabayad for insurance. Less din ang bayad sa commission sa agent, compared sa VUL which is essentially kakain ng malaki sa first few years of payment mo.

**boybi** · October 13th, 2020 11:46 AM

Originally Posted by tarzegetakizerd

Based on discussions I've had, okay yung VUL if part of diversification siya ng investment portfolio mo. Ang VUL kasi, Life Insurance + Investment. Pero yung investment, may managers na mag-manage. If yung VUL mo is time-based, say bayad ka for 10-15 years at fixed cost, then after that, yung investment mo ang magbayad dun sa insurance part. Recommended daw to for yung mga walang time mag-invest. Malaki lang din chance na di naman lalago yung investment part.

Sa BTID, bili ka lang ng term insurance (cheaper), then invest mo yung difference ng pangbayad mo sana sa VUL. Dadating yung time na mas mataas na yung investments mo compared sa payout nung insurance, so pwede mo na itigil yung pagbabayad for insurance. Less din ang bayad sa commission sa agent, compared sa VUL which is essentially kakain ng malaki sa first few years of payment mo.

May example ka ng mga BTID insurance?