Subject: Re: Re: ATTENTION Jade Lee info on primerica

Comments:
: Ken, : I was hoping this posting would be free from 'comments'. Sorry, Ken. : -----------> Oh, I see. Sorry, but I am of the old school that dictates that a husband should support his wife, not the wife support the husband. I do recognize that there are Lions who sit around all day doing nothing attempting to look like they are important to others while they send their female mates out into the world to do all of their hunting for them and to bring in a kill so they can feed their cubs in the lair. : - Actually, Ken, I do support my wife AND my child, who happens to be a toddler. And I do make under $18,000 USD/year. I'm not in the poverty level, but with cost of living going up 6%/yr and my wage 3%/yr, I'm going to do all I can to give my family all the best that I can, and if that means being a 'dork', then so be it. Unless you can suggest something else better than that, I'll stick to the 'concept' of a better life. : xxxxxxxxxxxxxxxx : ------------> You seem to be living in a unrealistic world. Look around you. What about that retired couple who moved to Florida and purchased a Condo. Are they living rent free? What about the car they drive, are they driving a vehicle at 65 that is already five years old that is supposed to last them for fifteen additional years? What about the spouse having to survive on half of her husbands Social Security monthly check after he passes on? What about utilities and food for her table? What about taxes and all of the other routine ongoing expenses of life? : - Realistic world? Since when does the realistic world only have senior adults living in it? What if the agent sold those ppl a U/P with a level death benefit? Do they still get their "savings"? And what makes you think that PFS just wants to take away their 'potential' income? If that's all they got, going to term would not be in their best interest, would it? Maybe I'm different from other PFS agents, but I've dealt with enough reality to realize that change is NOT always the best short term solution - and there are things I've gone through that I wouldn't wish on my worst enemy, if I had any. : : Do you really think that investing the difference in the premium charges for temporary term versus cash value life insurance are going to satisfy those ongoing debts? : - no, I don't. If they change, their premiums would go through the roof, even a 'trainee' like myself knows that. : Forget it, there is no substitute for a consumer in paying for those ongoing debts with permanent life insurance and having those costs deferred with INSURANCE COMPANY MONEY in lieu of taking that invested difference in premium charges and having to self insure after twenty years or so with your own dollar for dollar earned money. : - but isn't that what U/P is? Charge a premium and invest the difference? Except that there are administrative fees attached BEFORE the remaining amount is deposited, and not exactly guarenteed you'll get the potential return, and if you want to take money out you are charged another fee. : Sure, all informed and professionally trained insurance agents are trained in adding to a permanent base policy to add temporary term riders to satisfy those temporary debts using insurance company money with temporary term life insurance. That's a fact of life. : - sex is a fact of life, insurance should not be a fact of life. if you need the insurance go for it!! go with any company you like, i really don't care - prudential, PFS, MetLife, even Ken Young!! but MAKE SURE YOU KNOW ABOUT LIFE INSURANCE!!!!!! There are books out there, different books, written by unbiased NON-PFS agents or clients, that talk about life insurance. Ignorance is NOT bliss, especially when it comes to your money. Actually, to me message boards are the same as getting dates from bathroom stalls. DO RESEARCH!! Do you agree with me on that Ken? : In the scenario you will be orchestrating, you have a crystal ball and all consumers will be dead within twenty year or so from the date you write their policy. : - In our scenario they live to about 90. : If you really believed that philosophy you will be orchestrating to the public instead of the lure of earning a lare six-figure income which in reality that's all you have been talking aobut in your posts, assuming you are a homeowner and you drive a vehicle, then you also would be SELF-INSURING now and you would be wasting your money on Homeowners and auto insurance either, but you are paying premiums for those policies aren't you. : - sorry, Ken, you lost me on that one, can you elaborate? - is that how you spell it? - not 'it', but it. : xxxxxxxxxxxxxxxxxxxxx : -------------> Good grief GV !!! Are you the only person on these types of message boards who does not know that I am retired being that I was able to at age 55 and live quite well off a company pension and the investment advice I gave to others that I practiced myelf. : - at who's expense, Ken? the same ppl you MAY HAVE 'insintated' that the whole life policy they bought was also a 'savings' vehicle. In a way it is, but only for the insurer, the same company you get your pension from. (I knew you were retired, but YOUR life's history isn't important to me) : Because I just turned 65 and I am now drawing Social Security, that money really wasn't needed to support my lifestyle and is addional icing for the financial cake. By the way, I also own participating permanent cash value life insurance that I have not been paying with out of pocket funds for about twenty-years now, because the divindends that have accumulated are paying those premiums. It doesn't stop there either. : - divendends? isn't that over-paid premiums with a fancy name? : You see, when I wrote the permanent life insurance on myself, I also included what is known as a "fifth dividend option". What that does is take a very insugnificant part of my dividend and reinsures my policy's accumulated guaranteed cash values so when I pass on, not only will the full face amount of the death benefit be payable to my wife, the amount of cash value I have accumulated in the policy will also be paid to my wife thus the company keeps nothing. YOU DIDN'T KNOW THAT SUCH AN ARRANGEMENT CAN BE INCLUDED IN A PARTICIPATING CASH VALUE CONTRACT DID YOU, only because you are being trained to orchestrate to the public that when a consumer dies, the company pays the face amount of the policiy and the company keeps all of the investment money aren't you? : - actually, Ken, yes I did. Did you know that PFS actually uses the same manual and writes the same exams as you and every other agent writes? : xxxxxxxxxxxxxxxxxxxxxxxxxxx : ------------------> No, you are being trained improperly. All insurance companies reimburse expenses as a additional earnings income item and yes, then it becomes a write-off to the company. The recipient of that money then takes it as tax-dectible lawful reduction in earned income. : Looks like a "double legitimate wammie" to me GV. : - as I said, a write off to the company. : xxxxxxxxxxxxx : : : - our clients give us our leads. we've had one client who gave out 200 names, she was that thankful when we talked to her (she earns @ $80,000/yr). : ------------------> No, you are incorrect again. If she used the same false, misleading and deceptive sales, marketing, replacement of inforce existing life insurance, Mutual Fund, Mortgage Refinancing, and recruiting presentations that you people are trained in the use of, she didn't earn that money, what she did was "bilk" the public out of that money using those inducement orchestrations to entice the public into engaging into a business relationship with her. : - so you know the client then - the CLIENT makes $80k/yr, not the trainee. but I wouldn't talk about 'bilking', you're an insurance agent, too, and if you say you have NEVER, EVER, told client of yours even a itsy-bitsy untruth, but not completely a lie, then I am in the midst of a god. BTW, have you heard about any other companys agents (besides PFS) that have not been completely honest, or is only PFS the 'evil satan' of insurance land? : Sidenote: Are you also a mutual fund advisor, loans officer, and/or a recruitment specialist? : xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx : ------------> "Rat race", so you say? Good grief, look in the mirror and examine the track record of the PFS Sales Division. The internal structure of the Sales Division makes it the Industy's biggest "rat race" there is in the industry. With a near 100,000 agents passing through the revolving doors of the sales division each year, the internal battles as to who is going to be assigned to service the couple of policies each one of those victims wrote when the passed through the revolving doors, the investment company the "invest the difference" the mony is being is funneled through i.e. Salomon, the investigations conducted by regulators and a congressional committe on the shady dealings of Citigroup including Citibank laundering money for the Russian Mafia, the many marriages that the long hours and lack of eanings has broken up with the sales division just a few items not to even mention the thousands of lawsuits being intiated by the legal community on behalf of the sales division's thousandds of victims, and you think you are out of a "rat race". No my friend, you have stepped into one of the biggest or even the most biggest of all of the "rat races" ever known in the industry. : - I have seen more marriages patched up, relationships strengthened, and divorces ripped up in my few months through my base shop - I can't talk about other shops - that would have the statisticians pull their hair out. As for the 'the thousands of lawsuits being intiated by the legal community on behalf of the sales division's thousandds of victims' - I have yet to see more than 10. Can you please point out a website(s) that prove your statement, or should I just go by your word? : It is getting so bad now, that even the PFS General Counsel's Office is having spokespersons from their division contacting victims right here on this message board directly, as well as, other similar message boards attempting to settle with the company directly in lieu of contacting an attorney to sue the company on the victim's behalf. Now that's a first that in my thirty-plus years in the industry I never had even heard of before. Who caused the problem GV? The proximate cause of it was people like you who have been going around yammering all of the false, misleading and deceptive orchestration that they too were falsely led to believe. : - you know, I've been reading the life insurance study book sent out by the Canadian Association for Insurance and Financial Advisors (so our answers may not totally agree, but the jist of it's the same), and none of what you said has yet to be proven. Now, don't get me wrong, I am not saying that you are wrong, Ken. You've been in the industry for a long time and I respect that. All I'm saying is that there are other fields beyond your fences. And not just septic fields. : - Sidenote: Canada guidelines sent out by the CLHIA - I forget what the letters stand for. oops. ;( : XXXXXXXXXXXXXXXXXXXXXXXXXXX : ---------------> I have no idea where it is from except that when conserving business, it sure is a perk to demonstrate to a consumer that you "Dorks" are policy peddelers having a limit portfolio to chose from which obviously can not fit each individual's custom needs. : - why is it Ken that whenever you feel threatened you pull out all the stops with such words as 'dork'? The word 'dork' according to the internet dictionaries means 'stupid'. Now I'm not a nuclear scientist by any stretch, but as for stupid? With an IQ of close to 130 I don't think so, but with all of your answers Ken, I believe I am getting smarter and smarter. You see, with every answer you give I look it up and you know what? Everything you say about insurance is correct, HOWEVER, they don't sound like fancy words to me, bc I am not a client. I'm not an agent either, yet, but you're teaching me, Ken. I may never surpass the 'teacher', but don't believe the world is flat either. : -----------> I don't own or sponsor this board. I can not ban you here. My mission is to challenge all of the "phooey" you uninformed people post to these types of message boards so people can read it before "Dorks" (the uninformed) can apply it while at the same time creating more victims. : - please challenge ,Ken. the more you challenge the more I learn and the more ammo I have. : That's okay though, you "Newbies" remind me of a story I once heard that goes like this. The parents of a very positive thinking six-year old wanted to teach their boy that life is only what you make it and if it is raining, it is raining, and when the weather is clear, it is clear and there is no make believing to the facts. : So to make a point to him, at Christmas when the little boy would expect all of his gifts to be of use to him, find pleasure in them and have fun playing with them, the night before Christmas they set a wrapped box of horse droppings under the tree for him. : The next morning sitting around the Christmas tree opening up the gifts, the little boy came upon the special gift that had been wrapped by his parents the night before that had been set under the tree. : When the little boy opened up his special present and broke out with a smile, laughter and glee and was all exicited, much to his parents surprise they said to their son, why does that gift make you so happy? : To that question the litting boy responded, "I know that Santa gave me a pony, where is it?" : You kind of remind me of that little boy who is hyped up because he is brainwashed refusing to accept the "facts" of reality that have been presented to you. Don't you understand that your chances of having that pony you want are about as real as that six-figure income you have conditioned your mind to believe you will be earning? : - cute story. here's one....... : Santa was getting ready for his flight renewal test. As he was getting all the maintenance records and log books up to date, his elves were brushing down the reindeer and washing the sleigh. When the FAA inspector came around he checked out Santa's books, made a few notes, then told Santa to get the sleigh warmed up for the practical part of the renewal. So Santa got on board did his pre-flight checks. A few minutes later, the inspector still hadn't shown up. Santa was about to leave to look for him when the inspector hopped in and was carrying, of all things, a high-powered rifle. Santa couldn't believe his eyes. "What the heck is that thing for!?" he asked. The inspector grinned a little bit and said, "Well, I not really supposed to let you know, but on take-off you're going to have a engine failure!" : - I love that joke..... anyway....but I couldn't care less about the six-figure income. Even if I can make the same amount as what I'm making now, after taxes, etc, and be able to take time off whenever I wanted to for my kid, that would be worth more than any six figure number you can come up with. Yeah, that number sounds good, of course, and I'm not going to complain if/when I get it. But I'm not going whine or cry about it if I don't get it. Like I said at the beginning - I have gone through things in my life that I wouldn't wish on anybody, so please don't tell me about a 'realistic world'. : The sad part about it is, just think about all of the financial disadvantages you will be doing to consumers along your way in seaching for your pony. : - Well, in response to that is that at least I don't have to think about what I've done to my clients as I'm floating on my inner-tube in a waterway behind my FL home. But then again, you obviously don't either. You see, Ken, just as you see yourself as helping your clients, I see myself the same way. We are the same, Ken, but from 2 different sides of the spectrum. We will never agree and we will always think that we're right. Kinda funny if you think. : Take care, Ken, and I you can read this, then I didn't get banned - duh. :) Good luck and God Bless. : Living life and loving it, : GV : p.s. - isn't this fun, Ken!!! : p.s. - Ken, I hope I don't get too sarcastic. I want this to be more of an intellectual posting. Boy, I can see the postings on this comment!! :) : 'yes, Virginia, there is a Santa Claus' : - A Miracle on 32nd St (feel free to correct me if I am wrong)

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