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In Reply to: Re: investing in mutual funds/other investments with Primerica posted by Mak on May 16, 2001 at 16:24:24:
: Primerica will open your wyes to finance but at a price. Investing with them may nharbor some good returns but don't expect a call from your agent when your portfolio drops 20%. They are not educated or compensated for market downturns which require a move to money markets in declining markets. They paint a rosy picture of hold on and buy more and are unable to comprehend that when a bear market hits and loses 20% in value that it takes a 40% return to come back to even
I didn't get a call from Edward Jones either, when my portfolio dropped. (More than 20%) All stock investment strategies advise hold on and buy more.