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ar188
post Apr 22 2018, 08:35 PM

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QUOTE(pisces88 @ Apr 22 2018, 04:17 AM)
i think there was a thread in Finance discussing this so called 'saving plan' from HLA, busted their myth of so called 'guaranteed return'...

im quite familiar with the returns, dividends, and surrender value.. many HLA agents have explained to me  laugh.gif
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this 2 threads ah? biggrin.gif

https://forum.lowyat.net/topic/3602419/all
https://forum.lowyat.net/index.php?showtopic=2723676
ar188
post Apr 22 2018, 10:21 PM

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QUOTE(pisces88 @ Apr 22 2018, 10:08 PM)
Ops sorry, Yes i noticed u said didnt include dividend.

I meant to say, 'you believe the agent when they say dividend 30%'? Invest 12000 a year.. The dividend is 3600 @@

What does ur policy say you will get when you terminate the policy / upon maturity? I rmber there is no 'guaranteed return / guaranteed profit' , only 'worst case scenario / best case scenario'.

Correct?

Anyway, its your money. I jus wanna start a /kopitiam talk, no offence smile.gif
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i think the only way to find the real return is really enter the program, then plot every year how much pay in, then get every year pay out.
i think after year 10.. then can see whats the real returns..after all those variables like dividend /that particular year actual figure u received etc
i had one running over 10years adi (not HL) i think 12 year payment , then autopilot, when i check the real figures it was like 3-4% real return.. not much actually. but ok la for some forced savings/backup funds. haha and then just leave it to run until 60 or 75years old. etc...
ar188
post Apr 22 2018, 10:29 PM

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QUOTE(pisces88 @ Apr 22 2018, 10:27 PM)
Ya need to enter and wait 10,15yrs only can see real return... But cannot guarantee it will be higher than unit trust or even fd. Because policy doesnt guarantee a payout. My own brother's education saving plan payout was lower than fd rate (compounded) after 10yrs.
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best is to park everything excess into full flexi housing loan laugh.gif then every month quite cheap for my monthly mortgage laugh.gif
ar188
post Apr 22 2018, 10:34 PM

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QUOTE(pisces88 @ Apr 22 2018, 10:33 PM)
This i totally agree...if i fully park into my flexi loan now,  the return from rental is a whooping 7.5%!'
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fuyoh! rclxms.gif
eh got deduct LHDN portion of the rental or not? biggrin.gif
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