Posted by Truth on March 18, 2004 at 00:03:04:
In Reply to: Using Primerica to invest and open an account?? posted by Tim on March 17, 2004 at 22:21:51:
Your investments in a Roth are yours. You're not giving your money to Primerica to hold. You own the stocks, funds, whatever. It's no more or less safe than going through another broker, say e*trade. You might find, however, that it's hard to invest in Primerica without subjecting yourself to the mortgage and life insurance come-ons that are part of the FNA process. They are in the business to recruit. Not sure of any advantages that Primerica would have over anybody else. If you want more personal attention, maybe. But statistically, your agent will probably wash out within a year anyway and you'd be back to square one.
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