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In Reply to: Re: Re: investing in mutual funds/other investments with Primerica posted by Brian on May 16, 2001 at 14:26:34:
: Would you trust your money to the biggest company on the planet (over 900 billion in assets)?
LIAR. Primerica, which is only a subsidiary of Citigroup, is NOT the largest company on the planet. Primerica's liabilities are not covered by their affiliation with Citigroup.
: Would you dare take a chance in investing your money with a company that is one of the 30 companies that make up the DOW JONES average?
So? What does that mean? Please explain. What does the Dow measure? (I know, I want to find out if you do). And, are you aware that there are companies that were on the Dow 30 that now are bankrupt?
What's your point?
: Would even conceive of the idea to trust a company that, although have qualified part-time employees, are partners with that little investment company Smith Barney?
QUALIFIED PART-TIME EMPLOYEES? Ha ha ha...
And are you telling me that the advice I get from a Primerica rep is as good as the advice from someone from Smith Barney?
: Primerica is a subsidiary of Citigroup. As is the Travelers companies, Smith Barney investments, and Citibank.
: Primerica is just simply the marketing arm of the conglomerate, Citigroup.
LIAR. Primerica is being used to market some products but is hardly the "marketing arm" of the entire company. I'm sure the NBL and Traveler's agents would be upset if they heard that.
: There is one thing I would take with you from this other poster. That one thing is, do your own checking around (like you did on this board). It's the sign of a smart investor.
YES...MAKE SURE YOU DO..then you'll see why you won't do business with Primerica and it's unprofessional sales hacks who know very little about what they talk about.
: By-the-way, if you plan on going with some independent broker or an established firm, be prepared to open an account with them. Usually around $2000-$2500 unfortunately.
WRONG.
Many "established firms" ie: major banks, mutual fund dealers will let you get in for as little as $25 per month.
Don't listen to the hyped-up lies of the PFS armies. They are full of crap.
Yanic