facebookAnyone has any input about NTUC Solitaire and GE Prestige Life Rewards? - Seedly

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Anonymous

12 Apr 2021

βˆ™

Insurance

Anyone has any input about NTUC Solitaire and GE Prestige Life Rewards?

Also thoughts on financing from the bank to fund these plans?

Discussion (1)

What are your thoughts?

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Heard of similar plans, but without going in details of these 2 specific plans, i believe if you get margin call, your policies will be forced sold to repay bank.

i did my own margin trading before, but i was lucky to get out before FED raised interest rates back then. is quite stressful trying to keep up with the news everyday and trying to find out what will be the economy like for the next few weeks and months.

try to work out whether the returns still makes sense to you if interest rates hike again by 1%, by 2% and see what is your acceptable risk tolerance level.

hope this helps.

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