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Should You Terminate Your ILP?

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Sethisfy Personal Finance

Bought an investmentlinked policy (ILP) and wondering what to do with it? Be aware of the fees involved (upfront and ongoing) as well as the sunk cost fallacy

⚠ As with the rest of the channel, this video is not personal finance advice.

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00:00 Why ILPs are a bad idea
01:58 The illusion of breaking even
04:30 What to do with your ILP
09:58 Potential opportunity costs of continuing

posted by shwujinggi