I know this topic has been created by somehow the topic has been expired.
Anyway , I've also been recently introduced to this Jiki Life asset management program. I'm not sure weather to sign this plan as they kept saying that my predential saving plan is "bo huai"( not worth it).
So basically , something like this is really new to me and I don't really know what to do? The asset management plan sound good as when i reach the age of 65 , I think. The passive income would be 1k per month which sound good but of course i do need to pay 3k , 2k ,1k etc per year.
I'm not very good at explain this plan as I'm new to it but do you think it's worth it?
I do not want to regret or get scam so I do hope I could get help asap as tomorrow I'll be going down to thier company which is at suntec to visit them.
Hi, I've heard of some similar schemes and taken a good look at one of them. Didn't impress me a lot... in fact they even had a problem with company name trademark issues. If what you want to achieve is a 1k passive income there are other ways to do it (with much more less risk).
I advise you to take a hard look at the company management and track record before committing yourself into the plan. I have stayed away from some of these 'plans' and stick to traditional value investing. As far as generating passive income, I'm building a business. (Get in touch with me if you want to discuss more)
IS this a MLM company ?
if yes, well make sure you do not need to put alot of money into the business.
if really taking alot of money to pump into the business then you better not to join.