Training topics for licensed associates
- Building confidence
- Create wealth vs. sell products
- Proprity of saving/investment vehicle
- Healthy asset allocation and source of money for financial needs
- Compound formula and excel calculation
- Self-displine, be good trainee, building wisdom
- Practical Mutual funds knowledge
- Search online: google finance, morningstar, american funds
- Understand terms: object, share class, load, break point, expense, turnover, standard deviation, comparison, NAV, MOP
- Index funds: Vanguard 500 index Fund Investor Shares
- Use investment view software, PFS calculator:equity funds
- Tax effect on saving/investment
- Tax on mutual funds
- Tax on 401K, IRA, Roth, Non-qualified annuity
- Cost of insurance effect on IUL/VUL cash value
- Explain IUL illustration and derived information
- Understand: GAP, GLP, GSP, 7-pay, GMP, Target premium, NAR, COI
- How to calculate: cost ratio, net ROR based on CV
- How to compare to S&P 500 (Roth, MF): accumulation and distribution
- How to evaluate the risk of select/alternative loan
- Team building & Effective communication
- Software for making bubble chart: GitMind
- 4 elements for duplication: simple, clear, fast and doable
- 4 mentality of builder mindset: recuriting, fast start, meeting and team work
- Listening skill
- Body language
- World class vs. middle class
Mark's PFS Calculator:
PFS_202404.xlsx