Haiz....  

Force saving plan.... While I have no problem saving...

Its 9 YEARS PLAN !  Newer plan is 6 years... Mine is  9 YEARS lo..

This can claim INCOME TAX ? (Under EPF & insurance, right ?)

Ya, I can get a FEW HUNDREND THOUSAND at the age of 92 ...

Nowadays, those friends selling things, I AVOID TO SEE THEM lo...

Wanna know the facts?

Here they are, the inconvenience truth:
a. The uncertainty - Your Gain on your investment
whatever they say you will gain (it is not certain) and what data/statistic he shows you is definitely biased. After all, its the investment into the future we are predicting. The sure thing is, its definitely going to be lower than what he shows. It all depends on the fund manager's and the bank's decision and the future development of what they invested in.

b. The certainty
Your friend will definitely get a cut of your investment as commission. Mind you, this is a 100% gonna happen. And god knows how many % of your investment is going be end up in the sales team hierarchy pocket. Well, from your statement, probably not lower than 35% goes into their pocket.

c. Yea, Right?
If everything is as good and as firm as what they say. Why don't they put any minimal investment return/ dividend on the Terms and Condition? They sell you all the sweet talk, in the end what puts in writing/agreement is the protection towards themselves.

You want to get back 100%? Do you think the entire team is going to give you back what they have as commissions? Think logically, if the bank is gonna pay you back, that means the bank gonna have to collect back from whoever that got the commission (might not be even working in the bank anymore), which is highly unlikely. They don't have to worry anyway, since you already signed the terms and condition. Read it through and get through your denial phase.

       

OK, I told my friend that time :" I know ur scheme not good one la, I can help u to buy. But,  u give me minimum amount, I help u lo"

Shit, I regretted THE NEXT DAY! I won't cancel because friend..

Now,I decide to take action since friend no longer agent anymore... WITH LOUSY SERVICE fr HER too...   
OK, I suddenly awakening NOW

TELL US THE TRUTH....EX GIRL FRIEND SOLD U THE PACKAGE NOW TURN SOUR YOU WANNA REVENGE AH?

There are many that says continue the plan since already bought for 3 years

3 years cutting loss isn't that bad as compared to having to pay for 9 years and only able to 'break even' after 20 years.

Take note of the word 'break even', not even making money yet. The reason why any insurance product needs at least 20 years to break even is due to the high initial charges (agent commission, admin charges, fund charges, et cetra).

depend on ur frienship actually..
my best buddy gang will really share their plan , cons n pron..
so far i heard the hong leong investment plan is better , because have the promised higher value buy bak ur share when the plan expire.
that why i wonder this income builder is same plan or not

It is called booster..
boost up the price for another... say 10% from the highest unit price..

however same applies. to eenjoy all these benefit. U must finish the whole course and wait till maturity.