the Walmart of Investment Advisors, that is classic!!!
.......lol yes annuities should be outlawed. in a
previous position my boss wanted me and another co-worker to get
our license to sell annuities and we both said no....i left the
company not too long afterwards....
Posted by DigiNomad on 12th of Jun 2024 at 02:28 pm
I had a relative recently ask me to review an annuity offer they
had for over 8% annually, for life. I was blown away at first.
Then I realized we're talking about a couple in their mid
80's. Haha. Well, they might get the last laugh because they
have longevity on their side bigtime and are in perfect health
still (the offeror is obviously playing the numbers and offering
them a larger than normal rate during their lifetimes...because
they figure it's almost over).
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the Walmart of Investment Advisors,
SPX 10m ...
Posted by morton7 on 12th of Jun 2024 at 02:24 pm
the Walmart of Investment Advisors, that is classic!!! .......lol yes annuities should be outlawed. in a previous position my boss wanted me and another co-worker to get our license to sell annuities and we both said no....i left the company not too long afterwards....
I had a relative recently
Posted by DigiNomad on 12th of Jun 2024 at 02:28 pm
I had a relative recently ask me to review an annuity offer they had for over 8% annually, for life. I was blown away at first. Then I realized we're talking about a couple in their mid 80's. Haha. Well, they might get the last laugh because they have longevity on their side bigtime and are in perfect health still (the offeror is obviously playing the numbers and offering them a larger than normal rate during their lifetimes...because they figure it's almost over).