Jun 18, 2022
7:52:32pm
7:52:32pm
I've never meant to say people in here don't know;
However I think it's irresponsible to ask people who you don't know what they know.
You're a great example of my point. Instead of jumping into an investment or a life insurance policy (Hint) uneducated, I'm simply suggesting people educate themselves. Take responsibility for your own money. "Trusting anyone to make a decision for you is irresponsible. It allows you to transfer the blame and cry "I got screwed".
I see a bad investment as a great education. I didn't lose money, I just paid for the knowledge. That knowledge might be expensive ($15,000), but it's the difference between taking responsibility of being a victim.
Lastly, any comparison between a WL policy and an investment tool is foolish. They aren't intended for the same thing. Anyone trying to compare the two is missing key information. Is a bus better than a motorcycle? Could truthful arguments be made for each one being better than the other? Of course. There are different needs and situations. To blanketed claim a bus is better or a motorcycle is better is simply ignorant. The same is true worth WL insurance and investment tools.
You're a great example of my point. Instead of jumping into an investment or a life insurance policy (Hint) uneducated, I'm simply suggesting people educate themselves. Take responsibility for your own money. "Trusting anyone to make a decision for you is irresponsible. It allows you to transfer the blame and cry "I got screwed".
I see a bad investment as a great education. I didn't lose money, I just paid for the knowledge. That knowledge might be expensive ($15,000), but it's the difference between taking responsibility of being a victim.
Lastly, any comparison between a WL policy and an investment tool is foolish. They aren't intended for the same thing. Anyone trying to compare the two is missing key information. Is a bus better than a motorcycle? Could truthful arguments be made for each one being better than the other? Of course. There are different needs and situations. To blanketed claim a bus is better or a motorcycle is better is simply ignorant. The same is true worth WL insurance and investment tools.
- Bio page
- HTCougar
- Joined
- Dec 9, 2013
- Last login
- May 4, 2024
- Total posts
- 543 (3 FO)
Messages
Time
6/17/22 5:01pm
6/17/22 5:07pm
6/17/22 5:16pm
6/17/22 5:42pm
6/17/22 5:01pm
I always hear this but never hear those situations, could you or someone else explain a hypothetical where it works?
6/17/22 5:05pm
6/17/22 5:05pm
6/17/22 5:05pm
6/18/22 3:32pm
6/18/22 8:56pm
6/18/22 9:59pm
6/19/22 11:26am
6/19/22 1:22pm
6/17/22 5:18pm
6/17/22 6:46pm
Ask him: "With respect to your advice on this whole life policy, are you a fiduciary?" and post his response here.
6/17/22 5:17pm
6/17/22 10:19pm
6/17/22 5:42pm
6/17/22 5:55pm
6/17/22 11:06pm
6/17/22 5:48pm
6/17/22 6:05pm
6/17/22 6:11pm
6/17/22 10:02pm
6/17/22 10:22pm
6/17/22 10:59pm
6/17/22 8:36pm
6/18/22 10:09pm
The exact commission paid to the agent on the contract should be a disclosed line item on the contract.
6/18/22 10:22pm
6/18/22 10:25pm
6/20/22 10:11am
6/20/22 11:02am
6/20/22 12:19pm
6/20/22 2:56pm
6/20/22 4:48pm
6/20/22 5:29pm
6/20/22 8:10pm
6/20/22 10:16pm
6/20/22 11:48pm
6/20/22 11:52am
6/20/22 9:01pm
6/17/22 10:15pm