facebookHypothetically speaking, if someone is able to generate a huge return for you, let's say 100% and above per year. But he wants a 90% cut out of it, will you engage him? - Seedly

Anonymous

26 Jun 2019

βˆ™

Random

Hypothetically speaking, if someone is able to generate a huge return for you, let's say 100% and above per year. But he wants a 90% cut out of it, will you engage him?

How inclined are you people when you have to give a significant percentage of your earnings to a financial advisor?

Discussion (3)

What are your thoughts?

Learn how to style your text

Brandan Chen

08 May 2019

Financial Planner at Manulife Singapore

If he can do that, why should he do it for you? (likely no capital)

But that aside, I would ask him instead to guarantee my capital and a 10% annualised return would do.

Gabriel Tham

08 May 2019

Tag Team Member at Kenichi Tag Team

Make sure he can guarantee the 100% returns first if he wants a 90% cut. If the investment makes a loss, is he willing to return you 90% of your capital?

No. 2 reason he is doing it for you.

  1. He do not have the capital.

  2. He do not want to undertake...

Write your thoughts