[Stu from NYC]

Originally Posted by Toymeister

So poor you can’t afford these meals ? Smh

Hardly, Multimillionaire

No embarrassment that I am a plate licker. It is interesting how many people appear to believe the annuity salespeople.

Has anyone here read the millionaire nextdoor? It appears not, judging by these comments. In that book it statistically hows millionaires don't drive fancy cars, waste money on depreciating assets, are married, have been married for decades. They are invisible, overlooked.

Very well said. Always like it when car salesman talk about your investment in a new car. When I ask the value of my investment as I drive it off the lot they stop that line very quickly.

The annuity sales people will show you a chart that shows how annuities pay better than stock market over a 20 year term.

Of course if the chart started a few years earlier or a few years later than the results are totally different. This is why the dishonest annuity salespeople do not let you ask questions during their presentation.

[noslices1]

Originally Posted by Toymeister

Friend, you need to work on your reading comprehension. Quoting myself "had I followed their advise (annuity salespeople) I would have 45% less now". Meaning I have 45% more because I did not follow the annuity salespeople advise.

Friend, maybe you should work on the clarity of your posts. Nowhere did you mention annuities in your post. You have been to several of these free meal deals. You could have been talking about anything.

[Toymeister]

Originally Posted by noslices1

Friend, maybe you should work on the clarity of your posts. Nowhere did you mention annuities in your post. You have been to several of these free meal deals. You could have been talking about anything.

Over three decades writing contracts, spanning four decades, I have seen this sort of short sightedness thousands of times. Everything must be read in context. What, exactly, would someone be speaking about when replying to a thread entitled Investment Dinners?

Why, yes, it would be about those investment dinners.

Or more specifically, it must be in the four corners of the document. You will save yourself a great deal of time responding to posts if your read the posts and the posts that appear before the one which you are responding to.

In real life you will be far ahead if you make the slightest effort to understand the other person's perspective. Think of it this way, when you are in Publix and ask an employee where are the canned tomatoes are do you actually expect them to ask 'at which store'. Take this for what it is, me to you: this is a teaching moment.

[cassjax2]

We were “sucked into” a timeshare once in Reno. My husband finally said to the guy that he was unemployed. They quickly escorted us out. We got a really good laugh out of it!

[Eg_cruz]

Originally Posted by OrangeBlossomBaby

You don't have to listen to them. Just turn off your hearing aides and read an e-book on your cell phone until they're done with the presentation.

Smdh

[davem4616]

I receive a couple every week or so....it must be working for them, or they'd stop doing it

we went to two a couple of years ago...agreed to appointments just to see what they had to say

The plan / approach they offered wasn't as good as the plan that we already had in place, we learned a few things,
but in the end we walked

[Stu from NYC]

Originally Posted by davem4616

I receive a couple every week or so....it must be working for them, or they'd stop doing it

we went to two a couple of years ago...agreed to appointments just to see what they had to say

The plan / approach they offered wasn't as good as the plan that we already had in place, we learned a few things,
but in the end we walked

Never went to step 2 as we knew already we would do better without them.

Most of the people there seem to sign up for the second meeting so they must get business by giving away free dinners.

[DaleDivine]

Originally Posted by Stu from NYC

Go to Kiplingers and find a few mutual funds that have a good track record and stay with them as long as track record stays good.

[manaboutown]

There is an old saying...There's a sucker born every minute - Wikipedia

[MandoMan]

Originally Posted by OrangeBlossomBaby

See there's the rub. I read that short blog entry, and I thought - none of this applies to me. The only reason I would go to any of these things is free food. We have no investable assets, so we won't be investing anything, in any funds or time shares or anything else. I just want free food at a decent restaurant.

Did that up north, the downside was, we met at 5pm, they talked til 7, and dinner wasn't served til 8.

So now I know that if I do decide to go to one of these things, I'll make sure I have a small meal an hour before the meeting time, and bring a package of peanutbutter crackers to munch on if it starts running longer.

Laughing. I pay to have television and YouTube without ads. I would much rather pay for my dinner than have to listen to someone drone on about some product I don’t want or need.

[noslices1]

Originally Posted by Toymeister

Over three decades writing contracts, spanning four decades, I have seen this sort of short sightedness thousands of times. Everything must be read in context. What, exactly, would someone be speaking about when replying to a thread entitled Investment Dinners?

Why, yes, it would be about those investment dinners.

Or more specifically, it must be in the four corners of the document. You will save yourself a great deal of time responding to posts if your read the posts and the posts that appear before the one which you are responding to.

In real life you will be far ahead if you make the slightest effort to understand the other person's perspective. Think of it this way, when you are in Publix and ask an employee where are the canned tomatoes are do you actually expect them to ask 'at which store'. Take this for what it is, me to you: this is a teaching moment.

“Investment dinners” does NOT necessarily mean “Annuity dinners”. Some of those presentations want to take your money and invest it for you in the stock market. I stand by my original post.

[Stu from NYC]

Originally Posted by noslices1

“Investment dinners” does NOT necessarily mean “Annuity dinners”. Some of those presentations want to take your money and invest it for you in the stock market. I stand by my original post.

We have been to about 10 of these over the years and they all try to show you how great an annuity will be for you. If I had a buck at each presentation as to how often they say guaranteed would have one super meal at Chop house.

One reason they gush over annuities is how much in commission they get.

[Travelhunter123]

Watch out for the fire alarm free dinner presentation with a free estimate. They attempted to sell me a $5000 fire alarm system!

[JSR22]

Originally Posted by MandoMan

Laughing. I pay to have television and YouTube without ads. I would much rather pay for my dinner than have to listen to someone drone on about some product I don’t want or need.

I completely agree. I never go to the free dinners. I select where I want to eat and pay for it.

[Windguy]

Our junk mail volume would go down if everyone would quit accepting these annoying offers.