![]() |
In Reply to: Re: Re: Re: investing in mutual funds/other investments with Primerica posted by Yanic on May 16, 2001 at 16:23:11:
: : 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
I don't know where your coming from primerca is the only company under citigroup that can sell everything insurance securities and mortgages among other products we all have to be licensed and certified in each area and we have citimortgage works for us we send an application in they approve it or not depending on the persons credit history. Salomen smith Barney they work for us it Citimortgage will charge you for a biweekly mortgage app but through us their in no charge. Smith Barney thoose app are done based on the persons personal needs and wants at the time we are not paid by the client we get commissions which is totally different from other companies. Are Reps at the main office have a background of over 20 years experience and that is who we talk to before any investing is done talk to your rep and ask to find out more about these account managers.