How Young Working Adults Can Avoid Buying Costly Financial Products

I will be holding a small seminar on how to avoid costly financial products and potentially devastating pitfalls in Singapore’s commission-driven financial advisory industry on 25th August, Saturday, later this month.

I am targeting this seminar at young working adults and fresh graduates because I know first-hand that this segment of individuals is heavily targeted at for sales of insurance and investment products that provide poor value. Financial agents usually employ advanced sales and prospecting techniques to push products that enrich themselves at the expense of their clients. People with full-time jobs have no time to come to an informed understanding of what they are purchasing exactly.

I have met many clients whose financial portfolios burden them heavily whilst not providing meaningful insurance coverage nor properly helping them reach their retirement goals. They typically purchase expensive products when they have just started working. Being proactive in one’s financial affairs at such an age is a prudent thing to do and I do not think they deserve to be shortchanged for trying to be responsible.

I feel especially strongly about this as I made bad decisions about my own financial portfolio because of the training I received as an insurance agent previously. I found out that I would be better off with other solutions from other providers even though I received commissions for buying my own company’s products at that time!

Through this seminar I hope to allow my attendees to be able to make a more informed decision when it comes to their financial affairs. My history as an agent in an insurance agency provides a rare insight to how the industry works which I believe can help young adults avoid costly financial missteps.

Here are the details for the seminar:

When & Where

  • 25th August 2012, Saturday
  • 2:00PM to 4:30PM
  • Keypoint Building, 371 Beach Road #21-01 S199597

Agenda

  • “Sugarcane” anecdote, and my experience from insurance sales to a financial advisory platform
  • Why and how do financial salespeople target young working adults and fresh graduates (without them realising it)?
  • Dissecting the popular products marketed towards young working adults
  • Building an effective financial portfolio at a reasonable cost
  • Questions & Answers

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There will be an introductory price of $10 per person for this seminar. Due to the venue’s limitation, I will only be able to take in a relatively small number of attendees for this event. If you are interested, do register early.

Registration

Questions? Comment below or contact me.

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