Quote:
Originally Posted by CybrSage
Please explain how there something can be sold if there is no buyer? How can selling happen without buying?
If no one buys the item, how can the item be sold?
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guitarguy is not saying there isn't a transaction that occurs. He is saying that no one goes looking to buy into an annuity because most people know they are bad moves. He is saying that people are sold annuities by a salesperson, someone persuasive.
Kinda like extended auto warranties. No one goes looking to buy one, but instead is solicited and persuaded by a salesperson.
No one buys annuities, people are sold annuities. It's the perspective of the transaction he is talking about.
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Chino 1960's to 1976, Torrance, CA 1976-1983, 87-91, 94-98 / Frederick Co., MD 1983-1987/ Valencia, CA 1991-1994/ Brea, CA 1998-2002/ Dana Point, CA 2002-2019/ Knoxville, TN 2019-Current/ FL 2022-Current
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