Madoff Vestment @Manulife

 AirBnB: No property but a landlord.

Booking.com: No hotels, no aircrafts, yet a hotelier or Airliner. 

Manulife Vestment: No invest, still can pay 9% p.a. lifetime + guaranteed capital upon death. "Prof. Madoff  paradox".

~~~~

On Manulife Vestment product, Adam always advocate that one should stay invested; lest the value of our assets will devalue over time due to inflation.

Manulife Vestment is the total opposite to this principle.

1. It does not invest our funds; yet it pays us 9% p.a. lifetime; earns 1~2% p.a. fees.

2. Its entry age is 0 to 70.  So, new born can borrow money from parent to invest in Vestment. After 10 years, return 90% back to his parent. Yet enjoy lifetime 9% p.a. passive income.

* $1,000,000 x 0.09 = $90,000 p.a. lifetime payout, or $7.5k p.m. lifetime passive income from age 11, after returning his parent money.

* The teenager will not need to work his whole lifetime.

* His parent just need to give him a Retirement seed $100k.

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