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Relationship Managers Stories
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pikachu
Veteran |
10-Nov-2008 17:45
Yells: "Holy Cow!" |
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How many RM got retrench in DBS?? 
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cashiertan
Elite |
04-Nov-2008 23:31
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scotty
Senior |
04-Nov-2008 21:34
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True. Relationship Manager .... Wealth Management Consultant .... Financial Advisor
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stupidfool
Senior |
04-Nov-2008 21:30
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RM is and always be around. They just call themselves in a different title and soon ppl just forgot that it was once RM. Just gif themselves another high sounding name....like maybe wealth creation manager.....lol |
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singaporegal
Supreme |
04-Nov-2008 21:11
Yells: "Female TA nut" |
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Anyone has news about the Job Market for RMs now? | ||||
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iPunter
Supreme |
04-Nov-2008 17:23
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In the context of market trading... One can have more wrongs than rights, but the big gains from the less numbered right actions can far outweigh the small gains of all the rights combined... This is a fundamental principle of market play... 
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Snappers
Senior |
04-Nov-2008 09:49
Yells: "Buy when there is Fear, Sell when there is Greed" |
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what you mentioned and it's very true.. to me, your statement is very encouraging... Now here to show off but to state the fact. When u are good in something, u can make back more than u lost. hence success is not abt lost or lossing but about how much more correct thing u do over the wrong things. gave you a good tick for your post... way to go...
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stupidfool
Senior |
04-Nov-2008 08:27
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Ipunter shd document how cashiertan make his millions and start to sell the book. This way ipunter can also make his million....lol.
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lookcc
Master |
03-Nov-2008 21:03
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very beautifully true n also very horribly untrue. | ||||
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iPunter
Supreme |
03-Nov-2008 20:53
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The superb power of leverage in fx is a beautiful thing...
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cashiertan
Elite |
03-Nov-2008 19:30
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I lost 100k on minibond as i sold my stocks on last year to switch to bond. my fault for too trusting the RMs. I asked if this is bond. he said yes and i just signed. However while i submitted my complaints with letter to to send to both the Bank and the RM. oh Yes, that RM will not escape nor will the bank. I wont give up a fight for nothing. Even as i lost 100k on this "bond" fund, I made back 5 times or more in just 2 months. Now here to show off but to state the fact. When u are good in something, u can make back more than u lost. hence success is not abt lost or lossing but about how much more correct thing u do over the wrong things. Not forgotting that my few ventures are rolling and gathering steam. thou i am not sure if all or most of my veture will make money, however i am sure that even if all of them failed, i have no problem replenshing the capital again. |
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Centaur
Veteran |
03-Nov-2008 10:36
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From these whole minibond saga, these people are really the top brains. Look at it this way, who else can screw the global economy, escape the financial disaster with huge loads of cash and 'compensation' in their wallets, and yet absolve from all the mess by making other countries and other foreign investors as their scapegoat?? E.g. able to make DBS be accountable for the minibond investors cos they know investors will only hammer the ones who sold them the products (DBS) but not go so far as trace to the origin of the source (e.g CEO of Lehman Bro). All i can say is that their strategy is real world class, make loads of money for themselves whether economy is boom or bust.
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Centaur
Veteran |
03-Nov-2008 10:28
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I'm not a RM but back then i guess many people really did not expect Lehman bro to drown. I didn't expect this to happen 6 months back then too. Also, if the US govt had intervened and rescue Lehman, all the minibonds investors would have been saved. Just two words 'no rescue' from them and the whole world got to pay for all these losses and mess. If banks and RMs were to be blame, then those fat jokers in wall street should bear hundred times more responsible. |
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knightbridge
Veteran |
02-Nov-2008 21:53
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Remember those days when POSB havnt been take over by DBS yet. POSB encourge savings (only got SAYE saving scheme) started since i am boy. I believe the older generation will agree with me. Those days banks dun focus so much on profit i guess. More on how to grow the market. Maybe vietnam and malaysia got no rich aunt and uncle, that why no lehman crisis. But i see ferarri and merc on the road in these countries also. MAS should blame them for not moving fast in credit deriviative, if not they got excuse to say this incident happen to the whole of asian countries also, we must be rational. HAHA
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iPunter
Supreme |
02-Nov-2008 10:15
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Since when were banks, etc not like supermarkets... eager to get more and more business for themselves?.. .
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knightbridge
Veteran |
02-Nov-2008 01:27
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Just hope banks will be bank, banks are like supermarket nowsdays full of relationship manager (no different from promoters of supermarket). Now no demand for sales in banks, they can still work at NTUC fairprice, Carrefour or hypemarket. Sure need promoter.s You dun have to know what you are selling. got melatine also not your fault can blame the manufacturers as the imply risk is buying food must be safe for consumption . Hee Hee |
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wahzaiguan
Member |
01-Nov-2008 20:01
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To pikachu I am not a RM. To langhelper501 Good. You got brain. Investing is actually very simple. "Be greedy when others are fearful" But only a few smart people able to execute this, successfully. |
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iPunter
Supreme |
01-Nov-2008 19:59
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I remember clearly a certain RM (but not his name) also tried very hard to convert me to taking his product some years ago... |
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SupremeA
Veteran |
01-Nov-2008 15:59
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gamble urself more fun oso lol | ||||
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idesa168
Elite |
01-Nov-2008 15:33
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Yah, I have encountered a couple of times by these RMs, trying to sell me these products which all these while I was not keen at all. I always ask them is it kind of unit trust where the fiund will be pooled together and invest in stocks, bonds, etc. If the $$ I invested goes into stocks, it is as good as gambling because there is no guarantee in the stock mkt all knows that! If wish to gamble, why pay and have someone gamble for you. Why not ganble yourself and you do not get to get hefty fee for these managers. Also if you gamble yourself, you may get to see dividends yearly... | ||||
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