Anonymous

15 Mar 2021

∙

Investment Linked Policies are the worst way to generate wealth. Let's discuss?

I just got out of an ILP after 10 years, due to its high fees my overall invested amount never appreciated much, made that mistake 10 years ago when I did not know better. Would have invested in an ETF if I had hindside. What does everyone else think? Would love to hear from financial planners.

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Tinexxxx

15 Mar 2021

I bought an ILP recommended by my AGENT-FRIEND and sort of got scammed badly !! 🥲😢

I wanted a 100% investment plan but she recommended me ILP with only invested 24% of my funds in the first year. LOL the rest goes to paying the fees etc zzz

What’s worse is that the fund she selected is 💩 ....... I surrendered the plan one year later LOL

Invest in stocks also better than buying ILP!!!! ❣️

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JeffreyLeeZQ

14 Mar 2021

Writer at Jeffreyleezq.com

Hahaha. This should be 'True or False' question.

There is nothing to discuss. ILPs are a fool's gold. :P

The answer is True. :)

- Jeffrey (jeffreyleezq.com)

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Harvey Tan

14 Mar 2021

Hahahahah. Nothing to discuss. You just hit the bull-eyes.

For an investment product, it is right ...

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Should I continue or terminate AXA Policy Wealth Accelerate? I am only 11 months into this ILP and already paying $700 per month. This policy is meant to be an investment. Any advice?

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