New York Times Article about dinner seminars

Dec 1, 2018

  1. Tahoe Ray
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    Tahoe Ray Guru

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    So obviously this guy handled the situation poorly but his presentation was inherently flawed...

    Indexed annuities are not comparative to equities...they are a bond alternative.

    So, if you're looking for an accumulation product that has a risk/return profile that sits nicely in between high quality bonds and a diversified stock portfolio, then you've found a great option.

    If you're looking for lifetime income that is between a SPIA and a bond portfolio, then indexed annuities with lifetime income work.

    If you can't qualify for life insurance and want to leave assets to your beneficiaries, then an indexed annuity with a death rider is a perfect fit.

    When these products are allocated properly, they're a solid fit for most portfolios.

    Unfortunately, this agent didn't take this approach.

    Although, as someone who generates online leads and relies on SEO, I am pretty jealous that this guy got a backlink from the NY Times...the author did him a solid in that regard.
     
  2. DHK
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    DHK "YOU CAN'T HANDLE THE TRUTH!"

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    Finke: Why Annuities (and Free Steak Dinners) Deserve a Second Chance | ThinkAdvisor

     
    DHK, Dec 8, 2018
    #12
  3. VolAgent
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    VolAgent Guru

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    The refusal of certain industries to self-regulate, particularly when dominated by a few key parties, continues to baffle me. Industry can either self-regulate or wait for the inevitable over reach by legislation. This has played out time and time again, yet each new industry wants to stick its head in the sand and pretend it won't happen.
     
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