QUOTE(Red_rustyjelly @ Mar 3 2021, 04:41 PM)
sadly, many unscrupulous agents today especially the younger ones are tarnishing this career type, making everyone hate agents. and those honest agents face challenges to find customers. Remember when public Mutual came in big?
This is why I stop using the agent when I found FSM or StashAway. So easy to switch funds, change strategy without contacting agents.
The same goes for the insurance agent, simply sell an insurance plans without helping to access the buyer's profile, income, making consumer hate them when they burned their money. all just want big sales and fast money. Property agent will be the next, hoping to see a start-up introducing owner to buyer direct nego without the middle property agents. Still remember one property agent I had, took the ernest depo and never pick up my phone after.
what I am trying to say is, consumers will be getting smarter looking for way to move into direct buying. FSM is like a library for meto study about every fund's info, types of funds, and options for me to choose to invest, which I don't think today's agent can do, they won't even bother to teach you.
15 years back i was like uncle unti, my sales agent will visit me once every 3 months to invest in UT from my EPF account,
I dont know any thing about UT

until last year 2020 March ( Covid19), i discovered that my UT investments has been losing $ for
4 consecutive years and my agent did not advice me anything, NOthing about the loses.. I was so angry and sold out all i have,
collected 100K and 24K on paper lost.. this is where i start to learn UT, FSM1, Eunittrust, from 0...
Now still enjoying the roller coaster tour