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07-14-2023, 10:07 PM
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Sage
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Join Date: Aug 2009
Location: NJ, NM, SC, PA, DC, MD, VA, NY, CA, ID and finally FL.
Posts: 7,436
Thanks: 13,004
Thanked 4,646 Times in 1,770 Posts
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Quote:
Originally Posted by Stu from NYC
Nobody asked about a surrender period so he had no reason to volunteer such negative info. He did go on and on about the lack of risk in the annuity and how risky investing in the stock market is. He claimed that for the last few major downturns it took about 8 years to be back where you were.
He showed us charts that was supposed to show this but a close review showed he was (to be kind) not saying the correct info.
At least the dinner was very good. No idea how many people actually bought what he was selling.
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Hopefully none.
__________________
"No one is more hated than he who speaks the truth." Plato
“To argue with a person who has renounced the use of reason is like administering medicine to the dead.” Thomas Paine
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