Margino

LOL chair with the shoes this morning unreal.. anyway back to debate. In terms of talking about things that I mentioned.. yes I do know that information, its not rocket scince, its information you can get by doing a simple definition serach on any serach engine. To find out what a term or whole life investment is is not hard. However I do no claim to know SOLID financial advice, in fact there is truly only a handful of people in this world you can accurately calculate to some extent a decent esitmate of risk in terms of an investment. If investing was soo easy everyone would do it, just like Primerica. In reality its not that people are skeptics or that people dont have the knowledge its that primerica is simply just not a good opportunity. The majority of the world wouldn't be doubting it if it worked. Why do you think in the meetings they tell you not to look up the company on google? Because they know what people will find. Im not saying Primerica is a scam, cause they aren't they run a legitimate business and they sell products.. where they fall short is how effective their products are. Its just like Amway, thers really no difference at all, they are run the exact same way except Amway had a tangible product. but again, to have this general knowledge of finance is not hard to find or come across. Why do you think most elders on this website are saying keep away? They live reality and know what its like to work and manage their finance. Further, aside from my own research I have spoken to, and you know him too, Mr. Actuarial Science, cheech.. here is a guy with actual education on the topic and he can tell you the exact faults of the company based on the knowledge he has. To say I have no credibility is like saying a person who has not driven before has NO CONCEPT of the rules of the road. I apy attentions to my parents investments, I pay attention to where my money goes and is saved and the flucttuation of rates. I pay attention to the money Im going to need to invest with soon.. thats part of growing up. No I have not invested anything yet, but that does not mean I understand it. Fact is, name one company where people come onto forums and protect as if it was their life? Tell me why when you go into meetings their they have music and they all go nuts and clap and get all excited al the time? Why do thousands of people look at it as a cult? Because this is exactly what it does to people, it turns them into an employee who is over loyal and blind to the outside world. All that ever gets talked about in that place is how much money YOU wil make, how much money THEY make, how little money the "stupid slave people working in every job make" They flash around money and talk about millionaires to get people excited. they need to change their focus and stop making themselves look so silly with their cult like presentations. And if I have no knowledge on this topic: is it wrong that term insurance only lasts a term? Is it wrong that term insurance does not pay out whe you outlive the term? Is it wrong that whole life insurance pays out when you die? Is it wrong the insurance is meant for the beneficiaries? No, none of what I said is wrong. Also none of what I said about big box stores not being a pyramid is wrong, and nothing about primerica being a pyramid is wrong. I never talked about anything that isnt common knowledge... I dont understand how all of what I said could be wrong...

Dude did you even graduate high school? Your english and writting is a disgrace lol K your whole thing on box stores or any business for that matter being a pyramid is ridiculous. What you fail to realize is Profits that come into a company are paid to employees based on what it is their job entails. Example a cashier will get paid the same rate as any cashier because thats what they do. A supervisor does more and is given more responsibility.. hence the extra income. The supervisor however does not make a CUT from the cashier.. all money comes from company revenue. But your MLM is a pyramid because people who recruit you to open your own business do THE EXACT SAME THING AS YOU. You guys both sell shotty financial products to people. So (hope this isnt too hard to wrap your mind around) you are basically doing the exact same job as your "superior" yet he makes a cut from you... hence the pyramid. To call a business a pyramid just shows your ignorance towards the real world. Also.. 95% of canadians are not broke.. thats Primerica giving you shotty information. fact is what you fail to realize is the major banks are in place for a reason, they balance out the economy and are a place people can rely on for guarenteed investment. If you have a mortgage your paying off your 10 years are you in debt? By definition yes, but those people live and are perfectly fine, making a good salary and putting money away for retirement while paying their mortgage. But what Primerica does not realize and take into consideration is that included in their numbers are the people who have these debts, the people who have some debt on their Visa that they could easily pay off at next paycheck, the people who borrow money at a low rate to invest in something that will give them a higher rate of return. They dont look that far into finance because thats not what they do. And then you speak about life insurance, and how term insurance is the best way, for cerain people it may work out ok but in reality whole life insurance has a guarenteed payout. more than 70% of term insurance purchasers outlive their term (usually 65) once they outlive their term the money is gone.. 0$ you dont get any. If you want to keep the money and term going you must then extend your insurance.. but because you have lived past the term the expected payout is soon, primerica then charges you ridiculously high premiums. You are not buying life insurance for yourself, it is not money that YOU get, when your alive, it is money your beneficiaries get when you die, thats the point, is to leave your family with something.

.... amazing lol

Nice report... hope my trip in 6 days is as succesful. also hope the bugs stay away!

unreal... would love to see a vid of that in action.