QUOTE(monsta2011 @ Aug 14 2011, 01:40 AM)
If only you have one client investing $1000
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Well, with 10 clients investing $100k each, 2.5% - RM25K agent commision is alot.
Haha. Say is easy la brother. Wait till you go to the real world market and see the responses first, then you will know.
If you got 1000 customer, each investing RM100 per month for with you, you are consider lucky shot already to be honest.
And 1000 customer at 100 each, monthly you will get around 3k+ la.. Hahaha.
If 10 client investing 100k each, that is one off.. One off salary does not give u a career..
Only if u got a fat and wide base of people investing with you in a consistent manner, then only you can consider it as a good career.. If not, stick to working first before going full time.
Added on August 14, 2011, 4:20 pmQUOTE(wongmunkeong @ Aug 14 2011, 06:31 AM)
True if the agent adds value.
If the agent is nearly as blur as the customer OR worse, only worried about his/her own commission, then buta buta customer "straight away" lose 5.5% lor. Makes it harder to win when one's ammo is cut down right at the beginning, even for getting into the battle
Note that either most sales agents just put their customers on auto-cruise (monthly Direct Debit Instruction / Standing Instruction) and the 5.5% (ok lar, realistically 2.75% only flows to sales agent) keeps draining along. Lama lama jadi bukit heheh
OR
con-sulted the customer to go in lump sum, sure win-wan, to "lock-in their commission one shot"
This kind of agent.. really hahaha.. Better let me Con+Insult then, you will feel better after that.
Lolz joking.
But if anyone wanna have me as agent, can PM me la.. I am active tracker on KLSE market and got other lubangs..
But to be frank.. If wanna say investing in UT and compare to listed REITs, I think some listed REITs can perform better..
But asking people to buy listed REITs, no commission.
Asking people to buy UT, got commission
But listed REIT can easily perform better than quite a lot of UT fund..
So confused. Hahaha..
Added on August 14, 2011, 4:21 pmQUOTE(Dackson @ Aug 14 2011, 10:39 AM)
I dnt think the client help much ...
Ask to buy fixed income fund, this fund keep forming a circle one. How to make money from this fund ? Look like he wanna ensure you sold and buy back the fund constantly to generate fix income for him.
The agent get the commission yet didnt inform to sold the fund, even keep help u buy it when the fund keep dropping =___=
Some more ask my mum to buy it early and said dividend coming. End up by mum buy at the top price, the dividend not enough to cover lose. buy at 0.86xx now it raise back to from previous bottom 0.7980xx ~.~
For them to get 10k a month is easy ! Their main target is those who dnt know it ~
I just want to say.. Ouch!!
Pushing customer to buy cum dividend..
This post has been edited by Bonescythe: Aug 14 2011, 04:21 PM 
Aug 13 2011, 09:27 PM
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I just nod..nod and nod. But no choice la for him, making living out of this.
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