Imagine there's always a middle-money man, whatever you do.
Banks, lawyers, politicians everyone.
So when we were doing some investments, I did the well research about the investments I needed to do for my mom.
But the banker played a trick.
He agreed with my 2 plans and just modified my 1 plan.
And the way he explained it, I agreed cause he explained it with pen and paper.
Then I got home and researched the plan he mentioned.
I realised we have benefits from our investments, but the banker who did the plan for us has a huge commission to create this plan lol.
That's why he is pushing it.
Also, he did save us from some taxes. And actually it's a W-W situation. It happens in almost all industries lol.
Even in sales, marketing, and everywhere.
You pay your lead generator or outreach guy the commission to close the deal.
Also, the banker did the same cause he closed the deal for the bank, so he gets some percentage.
And we get our investments and investments.
So commission isn't bad, but how you get approached and if you benefit from it or not, that is.
-AshuRex
Streak: 432
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