Kelvin Learns Investing
Kelvin Learns Investing
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Confronting My Insurance Agent | Should You Cut ILP? | How Much Coverage To Get?
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Free consultation with Zhiqi kvli.link/zhiqiinsurance
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0:00 - Intro
0:41 - When should I start buying insurance
1:38 - Which insurance should I get first?
2:55 - Should I get term life or whole life insurance?
7:18 - How much should I spend on insurance?
10:28 - What other must-have insurance should I get?
10:59 - What to do if I’m excluded from buying insurance?
12:30 - Any way for me to save on insurance?
15:51 - I have an ILP, should I hold it or cut loss?
18:06 - If an insurance agent comes up to me on the street, what should I do?
18:49 - How do I better prepare myself when I meet an insurance agent?
22:01 - Conclusion
*Terms and Conditions apply. For detailed terms and conditions, please refer to our website at www.webull.com.sg/, Webull’s App or the Campaign’s Terms and Conditions.
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All content presented herein may contain advertisements. No content should be construed as investment advice or recommendation, or an offer or solicitation, to deal in any investment product. All investors should consider for themselves if the investment products are suitable. Investors are advised to seek advice from a professional financial adviser if they are uncertain if the investment products are suitable for them. Principal is not guaranteed. Past performance of any investment products is not indicative of future performance. The value of the investment products and the income from them may fall as well as rise. Investing in investment products contains risks and investors may lose all their investments. Margin trading increases the risk of loss and clients’ losses may exceed the deposits placed.
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Komentáře

  • @john80546
    @john80546 Před 3 hodinami

    Cpf give you???

  • @limkimyaw8980
    @limkimyaw8980 Před 4 hodinami

    I am 51 this year and I have managed to amass liquid asset of more than 2m already.

  • @andrew871124
    @andrew871124 Před 5 hodinami

    Nice one. Clear my insurance doubt

  • @tiderush
    @tiderush Před 11 hodinami

    I think you need some other content than this …..

  • @nsks80
    @nsks80 Před 12 hodinami

    Nice, truthful sharing of the basics and fundamentals of insurance. Keep up the sharing K and ZQ! 😊

  • @liztoh1545
    @liztoh1545 Před 13 hodinami

    Valuable information here but there are people who are triggered by accent and shirt.

  • @juznikon
    @juznikon Před 14 hodinami

    Don’t mean to be rude, but for a moment I was wondering why he kept asking viewers to buy “Hell Insurance”.

    • @halonick
      @halonick Před 4 hodinami

      To me sounded like "House insurance" 😅

  • @kitsura
    @kitsura Před 14 hodinami

    Pure BS, lots of agents still like to sell ILP. And don't have to think too much about ILP just stop it! You are losing more in fees instead of just doing RSP to a low cost ETF.

    • @juznikon
      @juznikon Před 14 hodinami

      And they don’t tell you how ILP has something called Mortality charge which will eat into your surrender value especially after 50 years old.

    • @kitsura
      @kitsura Před 13 hodinami

      @@juznikonnot only that but the older ILPs are front loaded so the first few years you are paying premium and fees and nothing goes into the investment portion.

  • @jevon5403
    @jevon5403 Před 18 hodinami

    can't watch >10 secs with the accent and appearence lol

  • @cheny6489
    @cheny6489 Před 19 hodinami

    where is he from originally? china?

  • @pov72
    @pov72 Před 22 hodinami

    Bubble tea? Starbucks? 😂

  • @auguestra
    @auguestra Před dnem

    i wished that this video was release 10yrs earlier. Good for newer gen people nowadays they have excess to all these info early on on the internet.

  • @Max1SG
    @Max1SG Před dnem

    7-8 yrs ago, credit card rebate was good. SCB Singpost card give 7% rebate for topping up M1 mastercard, then use M1 mastercard pay for ILP via axs. Overall about 6% rebate as M1 card charge 1%, very shiok while it lasted

  • @Clc760
    @Clc760 Před dnem

    Quite disrupted by the accent of the guest.

  • @rakeshagarwal9150
    @rakeshagarwal9150 Před dnem

    Can you please make one video for critical illness, which policy will you recommend. Thanks 🙏

  • @ximena.l9039
    @ximena.l9039 Před dnem

    Term plan more affordable than life plan, is not because of cash value, is because of insurance risk

  • @ahkiet99
    @ahkiet99 Před dnem

    My friend claims massages bills through their accident insurance coverage

  • @numbnut6553
    @numbnut6553 Před dnem

    Seems like a paid promotion

    • @KelvinLearnsInvesting
      @KelvinLearnsInvesting Před dnem

      The agent didn't sponsor this video

    • @MunKeongWong
      @MunKeongWong Před dnem

      Although i agree with the first insurance - health or medical/hospitalization, Insurance as a wealth accumulation vehicle? such a thing can only be said by consultans 🙊 + insurances are for financial risk mitigation / sharing of risk - thus insuring to cover for $2K (accident in the video) is a bit funny as an example

  • @shchua9968
    @shchua9968 Před dnem

    Good way to start living simply, make it a habit , start saving. As you grow older, you will feel richer and happier. Remember to invest your savings as you go. When your passive income exceeds your monthly expenses, your are sure that you can retire comfortably. You can sleep well every night, because you are sure that you have enough money to support your simple lifestyle.

  • @noby9693
    @noby9693 Před dnem

    Your insurance agent have a foreign accent.

  • @gammauniverse
    @gammauniverse Před dnem

    Love the Dior shirt the insurance agent (Zhiqi) is wearing.

    • @user-gm7du2ms7v
      @user-gm7du2ms7v Před dnem

      The premium you pay goes to him first mah 😂

    • @cheny6489
      @cheny6489 Před 19 hodinami

      not all people wear branded well... e.g. he is wearing it very very poorly... doesn't look the part.. basically he cannot carry branded stuff... no style ...

    • @gammauniverse
      @gammauniverse Před 16 hodinami

      @@cheny6489 LOL! So much bitterness in your post.

  • @chaimeiling6256
    @chaimeiling6256 Před dnem

    how to port in my number

  • @jefferykhoo7376
    @jefferykhoo7376 Před dnem

    Are these only for Singaporeans ?

  • @KelvinLearnsInvesting

    Special discount here: benqurl.biz/3S2n1Dc

  • @sunshine_and_lemons

    hi Kelvin...is the promotion on your link still active by any chance?

    • @KelvinLearnsInvesting
      @KelvinLearnsInvesting Před dnem

      The exclusive 100 max miles no more. But you will still get 500 max miles on signing up, and 500 max miles when u make 3 purchase

  • @steventay5834
    @steventay5834 Před 2 dny

    $1m can retire at 65 if you have no debts

  • @kelvinkelvin8026
    @kelvinkelvin8026 Před 2 dny

    Better than keep looping repetitive content such as dollar cost averaging, Moneybull & Cash+ etc

  • @KelvinLearnsInvesting

    Sponsor: Webull (exclusive rewards ✅) kvli.link/webull Free consultation with Zhiqi kvli.link/zhiqiinsurance ROBOADVISORS ► Endowus (free $50) kvli.link/endowus ► Syfe kvli.link/syfe ► StashAway (50% off fees) kvli.link/stashaway ► AutoWealth (free $20) CODE "KelvinLearnsInvesting" kvli.link/autowealth ► UOBAM Invest kvli.link/uobaminvest ► Kristal.AI kvli.link/kristal ► DBS digiPortfolio: go.dbs.com/kelvinrdp ► OCBC RoboInvest CODE "SKVFQ" CRYPTO ► KuCoin kvli.link/kucoin ► Crypto.com app (free $25) CODE "kelvinlearnsinvest" kvli.link/cryptoapp ► Crypto.com exchange CODE "kelvinlearnsinvest" kvli.link/cryptoexchange ► Coinhako (20% discount) kvli.link/coinhako ►‌ Coinbase (free $10) kvli.link/coinbase ►‌ Independent Reserve kvli.link/independentreserve ►‌ Tokenize Xchange kvli.link/tokenize ► Ledger kvli.link/ledger ► Trezor kvli.link/trezor RESEARCH ► Seeking Alpha (offer price) kvli.link/seekingalpha ► Simply Wall St kvli.link/simplywallst ► TradingView kvli.link/tradingview PAYMENT ► Trust Bank (free $10) CODE "R2MQBA4S" kvli.link/trust ► Instarem Amaze CODE "plTefu" kvli.link/amaze ► CardUp ($30 off) CODE "KELINVEST" kvli.link/cardup ► ipaymy kvli.link/ipaymy ► Revolut kvli.link/revolut ► YouTrip (free $5) kvli.link/youtrip ► BigPay (free $5) CODE "QBHVUHL7HU" kvli.link/bigpay ► Wise (free transfer) kvli.link/wise ► SIA Kris+ (free $5) CODE "T425139" kvli.link/krisplus ► DBS Paylah (free $5) CODE "AHVULE614" ► FavePay (free $1) CODE "FAVETANKEL" kvli.link/fave LIFESTYLE ‌► Envato kvli.link/envato ►‌ ‌Ohmyhome kvli.link/ohmyhome

  • @steventay5834
    @steventay5834 Před 2 dny

    $1m is more than enough!! Inflation is rubbish. As I age, my expenses drop (if I remain healthy)

  • @steventay5834
    @steventay5834 Před 2 dny

    I have no debts. I have savings enough to take care of me till death Life is not about money!!

  • @suprima168
    @suprima168 Před 2 dny

    Imo viewqwest has the best reliability, I had experienced 0 downtime while other providers did. The only downside of viewqwest is they only promo their monthly fees for a few months and not throughout your whole contract period. So be prepared for a surge of monthly fees within your contract period; their promo monthly prices only lasts a few months so do read the fine print.

  • @sorcereh1
    @sorcereh1 Před 2 dny

    you haven’t count 1 time purchases like travel? electronics like phone?

  • @limmengyang5292
    @limmengyang5292 Před 2 dny

    what happen to your contents😥

  • @ZJ789-s8i
    @ZJ789-s8i Před 2 dny

    Hi Kelvin, is there a strong preference for CSPX over VUAA? which is more worth it?

  • @andyho2059
    @andyho2059 Před 2 dny

    Imo, spending so much efforts on trying to squeeze here and there, might as well focus hard on advancing ur career or start a side hustle. Tis kind of tightening method is not sustainable.

  • @Teslatir
    @Teslatir Před 2 dny

    Good effort on sharing all the tips via a end to end walkthrough

  • @meiyinli7409
    @meiyinli7409 Před 2 dny

    how much monthly contribution is needed in SA to hit FRS at age 55

  • @aloysiuslim2306
    @aloysiuslim2306 Před 2 dny

    What a sad way to live

  • @remy7663
    @remy7663 Před 3 dny

    Why do you suggest saving up and paying minimum payments instead of making extra payments the student loans?

    • @remy7663
      @remy7663 Před 2 dny

      @@devir323 I'm graduating late 2025 haha, my loans are at 4.75% but they're increasung to 5.1% in 2027. I think you're right, but when is the right time to start attacking the student loans, we don't want to keep paying minimum payments until it's all paid off right?

    • @KelvinLearnsInvesting
      @KelvinLearnsInvesting Před 2 dny

      Was aiming to save more cos that was the goal. Otherwise agree should tackle edu loan first.

  • @hurhur2383
    @hurhur2383 Před 3 dny

    Kelvin you are scare of Master Leong better investing knowledge and overtake you. Hahhaha no need scare because it will happen soon whether or not you scare

    • @KelvinLearnsInvesting
      @KelvinLearnsInvesting Před 3 dny

      Lol, he’s a definitely a better investor than me, he’s welcome to be the top anytime, don’t have purposely come and tell me yea :)

  • @makelifecounts3435
    @makelifecounts3435 Před 3 dny

    Kevin you asked a lot of good questions thank you

  • @jookweekwek7019
    @jookweekwek7019 Před 3 dny

    This is not realistic as stocks drop very fast and wipe off any profits from options

  • @geri_8
    @geri_8 Před 3 dny

    Hi Kelvin, thank you for sharing this video & the spreedsheet, really helpful! May I check with you if it might be worth it to still choose Amundi Prime USD Fund via endowus (despite higher total fee than BlackRock iShares US Index Fund S&P500) - as there's dividends to be received from Amundi? Thank you!!

  • @meiyeeaw8837
    @meiyeeaw8837 Před 3 dny

    Any charges when trf fund into ibkr? Also for recurring investment how to get the tier charges instead of $1 fixed charges?

  • @Desmonxxx
    @Desmonxxx Před 3 dny

    Unless you have too much cash, upgrading from FRS to ERS is an absolute stupid.

  • @lebimas
    @lebimas Před 4 dny

    it would be helpful to know if most of the statistics were in SGD or in USD

  • @jamesong-o9m
    @jamesong-o9m Před 4 dny

    Any risk for the stashaway simple guranteed?

  • @coushszan
    @coushszan Před 5 dny

    @Kelvin just want to ask. is the interest credit annually or monthly or daily? the website says interest will be credited daily. Is that true?

  • @abhinav1078
    @abhinav1078 Před 5 dny

    if u can add e-Sim/physical Sim that will be great. thanks

  • @WarriorChampion47
    @WarriorChampion47 Před 5 dny

    always down recently