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Showing posts with the label ILP

Health is better Wealth

Just sharing on Personal Health charting Some people keep full record of the wealth and networth charting. For me, I keep a full record of 25-year personal health screening record of ~57 parameters tally; since 1998 to 2023. I would tabulate them, make diet adjustment to keep their numbers within baseline. In that way, my health numbers (cholesterol count, key organs numbers, blood and urine numbers) are regulated.  So far, from my 2023 health record to-date, I am able to keep these numbers to match my age 34 yo body health numbers. Many of my cohorts suffer from some conditions of diabetes, high blood pressure, bad cholesterol issues, some already on stents.  Putting aside hereditary cases, one can actually regulate through your dieting and regular exercises. ~~~~~~ For me, I started my jogging regiment since 2011 when I realised that my LDL cholesterol numbers had exceeded its nominal ranges.   Over the past 10-years, I pick my jogging, starting from 1.5km to compl...

Don't hate ILP policy. I tell you why

Allow me to share my ILP Prudlink and traditional Manulife Signature Protector wholelife insurance which I bought for my children in 2008. Buying ILS insurance during Recession ILP is investment link policy.  Interestingly, it so happened to buy these policied during  Global Financial Crisis of 2008-2009 is widely referred to as “The Great Recession  due to Sub-prime Housing Bubble burst.   Over the next few years, the Recession persisted.   These few years of Dollar-Cost-Averaging (DCA) premium paying of buying into the subfund units were cheaper.   Encash; not policy loan; not surrender my policy. By the time the global stock market covered, The subfund units recovered. I  sold some of my ILP units. In 2012, I managed to cash withdraw from my Prudlink wholelife insurance plan.   Then I use it to buy a leveraged GE PLG1 endowment of $150k.  I borrowed $108k, paid a single premium $42k. Today this PLG1 is in its 8-year, ne...