Life Insurance

**Deestone** · June 8th, 2021 10:14 AM

Originally Posted by ray_noel

I have attended this training something for finance/accounting… and the lecturer told us not to settle if the gain of investement is less than 10%…. But im thinking in the real world scenario who would give such….

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There's this fuel station co-fanchising offering me 3.5% monthly interest if i invest my money with them they even have a notarized signed contract as proof after payment. That is 42% interest per annum.

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**dr. d** · June 8th, 2021 10:18 AM

Originally Posted by Deestone

There's this fuel station co-fanchising offering me 3.5% monthly interest if i invest my money with them they even have a notarized signed contract as proof after payment. That is 42% interest per annum.

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is it a guaranteed 42% per annum?
or is it "... up to 42% per annum" ?

kasi naman, kung 42% guaranteed,
napakaraming mag-gu-gustong makisawsaw diyan.

if what they claim is true,
they won't need to entice investors. all they have to do is to borrow money from the bank. their claimed interest alone should be more than enough to pay the bank and still make a tidy profit for themselves.

**papi smith** · June 8th, 2021 10:21 AM

Originally Posted by Deestone

There's this fuel station co-fanchising offering me 3.5% monthly interest if i invest my money with them they even have a notarized signed contract as proof after payment. That is 42% interest per annum.

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Walk away bro, too good to be true...

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**papi smith** · June 8th, 2021 11:06 AM

Originally Posted by jut703

Time in the market beats timing the market.

DCA and a long term perspective allows you to flatten out the short term peaks and valleys of the market cycle.

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Oh well, as the great Jesse Liverspread once said, " the monay is in the sitting"

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**Walter** · June 8th, 2021 01:54 PM

Originally Posted by Deestone

There's this fuel station co-fanchising offering me 3.5% monthly interest if i invest my money with them they even have a notarized signed contract as proof after payment. That is 42% interest per annum.

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Too good to be true ...

**Deestone** · June 9th, 2021 02:39 PM

I kept seeing post of Nicole Hyala and her husband from Insurance Page the medical bill amounted to Php2.3M but they only paid Php39k thanks to AXA health maintenance card.

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**ale828** · June 9th, 2021 03:56 PM

Originally Posted by Deestone

There's this fuel station co-fanchising offering me 3.5% monthly interest if i invest my money with them they even have a notarized signed contract as proof after payment. That is 42% interest per annum.

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Too good to be true.
I know owners of Gas stations and was told before that they really don't get a lot from the fuel they sell. centavos lang daw per liter.
Bulk of their profits is from car services, rental space and convenience store sales.

**Deestone** · June 9th, 2021 03:59 PM

Originally Posted by ale828

Too good to be true.
I know owners of Gas stations and was told before that they really don't get a lot from the fuel they sell. centavos lang daw per liter.
Bulk of their profits is from car services, rental space and convenience store sales.

The agent even gave me sample computation i will post it here. He said they are rapidly expanding and show me some photos as proof anyway if this is a scam I pity those people who invested on this.

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**jut703** · June 9th, 2021 04:43 PM

Originally Posted by Deestone

The agent even gave me sample computation i will post it here. He said they are rapidly expanding and show me some photos as proof anyway if this is a scam I pity those people who invested on this.

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Came from the petroleum industry. You can send me their quote and I’ll explain to you exactly why it’s BS

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**jut703** · June 9th, 2021 04:44 PM

Originally Posted by Deestone

I kept seeing post of Nicole Hyala and her husband from Insurance Page the medical bill amounted to Php2.3M but they only paid Php39k thanks to AXA health maintenance card.

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AXA GHA is a great product. For about 25k per year, you get 100M medical coverage anywhere in the world.

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