Quote:
Originally Posted by Packer Fan
So you don’t invest in ETFs? Car insurance? Homeowners insurance? They are all just as complicated as a SPIA for sure if not most annuities. Just because YOU don’t understand them does not mean they are not appropriate for everyone. Maybe you shouldn’t use a computer since you probably don’t understand how silicon chips work.
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Car and homeowner insurance are in no way "investments" as commonly and legally defined (Your mileage may vary. Do you feel lucky?)
Is it even legal for a licenced agent to refer to insurance as an "investment"? It's an attempt to deceive. Maybe to defraud.