Alex
Phoenix,#2Consumer Comment
Thu, June 26, 2003
Just to give a little clarity to your "non-disclosure" of products and product performance, no investment is guaranteed, unless it is put into a savings account or some type of non-aggresive fund that some banks and investment firms offer. When dealing with the stock market, i.e. mutual funds, the rate of return is always a risk, now depending on what type of fund is best for you, that risk will vary. Salomon Smith Barney, which is the investment firm that Primerica works with to provide investment vehicles, is one of the best performing firms, and has been at the top for the past decade. (if you don't believe me, look into that as well.) As far as the representative that you went through for these services, he obviously didn't do a very good job on informing you how investments function.
David
Dayton,#3Consumer Comment
Sun, June 01, 2003
As a client and representitive for Primerica Financial Services(PFS), I would like to respond to this person. It is obvious you have not done any homework on this subject. PFS is the marketing arm for a Dow Jones company called Citigroup. Citigroup has been the #1 performing stock in the dow for the past ten years. As a rep for PFS, it is my responsibility to help famlies become financially independent and debt free. This service is performed thru a planning tool called a Financial Needs Analysis. This tool, which by the way, most financial planners charge for, is complimentary. I was approached in 1987 by a nurse at a hospital I was working at. She asked if I would be interested in earning extra income. The next day I met with her husband and his mananger(he is part time with pfs and a full time minister!) and they shared some basic financial planning techniques with me. I thought it was the best thing since sliced bread! However, my wife, being the ultra skeptic, asked me to investigate. So I spent the next week each day at the library, researching the company and their philosiphies.(I am quite sure the previous author did not do this.) And I found out what they were tellin me was the truth! I became insurance licensed, securities licensed and am a limited partner with PFS Home mortgages. This is a company dedicated to doing whats right for the consumer, 100% of the time! I am a dedicated PFS rep and always will be. I am still waiting for someone here to complain about the services we provide. Never happens, never will. The strategies PFS endorses are proven and true, no question they are the best services for the consumer, bar none. Side note on services, why do insurance agent from other companies have multiple life insurance products, when any consumer advocate, including Consumer Reports, recommends term life insurance? All I can say to the previos author is this, do not be so quick to judge. The PFS opportunity is not for everyone, but the services they provide are, make no mistake about that. Thank you for your time. DWR