Jinx the name of Insurance Agent

No offend if you are Insurance Agent, it was the thinking most of the people out there on you. (I Guess)
Need no PhD to study on this. Are you telling me that the "Product" I pay while you have the 35% comm. + Bonuses + Your annual overseas travel is damn Fxxking great for me?
First, the "Saving Plan" is totally a joke!
Exp: Monthly 500 for 10 yrs, then no need to service "the plan" anymore (Yearly 6k, 10 yrs 60k). Let's say you are 30 yrs old now......You wish to get the money for retirement at 60 yrs old. Probably you can get 250k cash(Estimation la bro). Worth it?
Or you can do this. Do the saving thing for 3 yrs, 18k, 10% downpayment to buy a 180k ppty. Rent it out then, if the ppty in KL, you can get around 900-1100 p.m. Minus the main. fees, Cukai Pintu, Sinking fund....etc, says nett is 650 (Estimate saja) I think you just pay another 100+ p.m only for the 30 yrs, The ppty is yours then. Don't tell me the ppty is worth less then 250k? No way! If yes match @ 250k, appreciation of 38% is acceptable (If you buy from developer + appreciation of raw material)
The case in here is......I pay 100+ mthly compare to 500 p.m previously with Insurance? Where the Money channel to? Comm. to agent, Advertisement.......etc
My personal view, "Saving Plan" still have lot of room to improve, yet Medical card is a MUST (In M'sia, gov hospital is so.....) as medi. fees nowdays is gonna cost you a bomb!
Nothing personal, it's just freedom to express.........Sorry if any hard feeling. Cheers.......

Bubble of pain

The prices of Bolehland properties are getting higher & higher on this recent 3yrs as the Property Gain Tax is waive off on year 2008-09. Before this, you have to pay heavy tax(up to 30%!!!) on property's gain if you sell your ppty within 5yrs!!!
Currently is 5% tax of your nett gain if selling is done within 5 yrs.
Why our ppty is on high price? Demand> Supply? Historical low Interest rate? Too many spare cash till no where to park? Easy Ownership?
First, I think The Demand Supply's law is not gonna apply here, Easy Ownership is the key factor for most developer to sell off their "product" like hot cake! 5/95 by "XB Cetia"*Pay only 5 % Downpayment + LOW Interest Rate.........etc
My view? LOW FD Rate, LOW Interest Rate are the man behind all this! The true is : No where (better place) to park money, so buy ppty la......Put in the bank for FD? 2.5%? Share Market? KLCI is a joke man......STI? SSEC? SD& RMB are getting stronger on currency....DOW? Kidding me?
Appreciation of ppty is good on recent 5 yrs! Buy an under-construction ppty can be appreciated around 20-40% after CF * Depend on area & ppty type too of course.
Yeah, Many people out there can't afford to buy a landed ppty("Non- Apartment") as the price jump of ppty is FAR MORE faster then your salary!!!
Bubble? Hell yes!!! With pain...