Hey, lcl832002 & Ric - stay cool!

Jeje, treat you guys ice cream and or babe




This post has been edited by secretsquirrel: Apr 27 2009, 09:34 AM

What would you recommend a newly wed to buy, if they are:
- age >25
- no serious medical records
- u-grad
- no children yet
- rent a house
- both are working in government sections - stable but LOW income
- chinese.

thanks chew but i have got to skipped all those abbrv. u used and r u representing any particular co?

@Thanks Ronnie, and All. So, why would one need insurance? For saving money purpose, why not just save into bank WITH STRONG WILL and gain interests or invest in some other ways than insurance? Dont try to beat me with ways of investment elsewhere, Im into finance.

The above case 1 of two young newly wed is my friend's, not me. Im trying to guide him what would work best for him. So, in short, why would one need insurance if
1) he doesnt care if he gets one of the 36C and died without money to try helping himself (protection)
2) he doesnt need it for investment

Does he still need it now?

Case 2 - I personally do not buy any insurance for anything, except for investment purpose, that i get certain % of return after certain years. Eg, $x will get y% of return after z years. If you have of these products, let me know.

@Eric
No im not going to call you now n would really like to get as much info from this thread as possible. But i like your post, it is interesting.

This post has been edited by secretsquirrel: Jun 3 2009, 09:47 AM

thanks all.

case 1, kids future is a good point. I will talk to him about it. They might not want any children afterall. I dont know.

case 2, only interested to quick money plans, eg, within 5 or 10yrs; simply see it as an alternatives than putting in normal bank acct.

ur first para - yes i did.

ur 2nd para - i know that already. so what are the constructive suggestions u have for me here?

numbertwo - i hope my idea do not stripe you from your original intention with insurance. Cos i might be having a difference case from you, with different bullets in different situation.

So, go back to your original idea/queries and start it from there. Before you pay for anything, u may send me a pm so we can discuss in further, this make us stand together in the line to 'defence' anyone who try to con us, if they would (kidding)

the poorer ones should get protection asap. Please dont shut off easily. U know ur own worries. Let's face it together.