By: Helmi Hakim In my daily pursuit as a financial associate, I met a lot of people. People with different characters, different goals, different needs and different line of thinking. The beauty of it is that I get a lot of exposure and learning experience from meeting these people. Let me share with you an experience I have yesterday. Just for sharing purpose only ya…. I met with a couple whom I came to know from a roadshow. We talk about NTUC Income Ideal Plan. They specified their objective of savings as “to improve living standards”. I craft a beautiful plan for them and proposed my recommendations. My presentation is as usual, short and simple. (direct to the point) I always tell my client for our Ideal Plan, you must continue to save at least for 5 years, best 7 or 11 years. If you want to save for 1 or 2 years,put your money in the bank. Your money in the bank is for emergency use or for your daily expenditure. They then retort and asked me, “I know a plan that can give me $2.2 million dollars after 5 years. What is needed is just spend $100/mth on your basic necessities. Can you promise me that?” Read more...