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Need advise...Allianz variable annuitiesUser Forum Topic
Submitted by magsbag on February 20, 2007 - 3:58pm
I am retiring from the federal govt. and have $300K in the TSP (Thrift Savings Plan). I want to use this money as an income stream to supplement my pension. A financial advisor has suggested a variable annuity through Allianz, the largest insurance company in Europe. The benefit of their product, he says, is that you are guaranteed a gain, say 7%, over a set term, at the end of which you still have your $300 to do with what you wish...e.g. reinvest, withdraw, whatever. I researched their products and there are several available, with different variables; we haven't talked about specifics yet. I wonder if anyone has any experience with these products and what the general opinion of such an investment is relative to perhaps leaving it in the TSP, invested in a mix of stocks, and taking a percentage therefrom?
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Q: Why do you need a variable annuity if the money is already tax-deferred ?
A: So the financial advisor can make a commission.
(SO, you know my opinion)
Are you CSRS or FERS ?
If were were covered under CSRS your pension is probably pretty good, so you may not need a huge amount of guaranteed income from the TSP portion, which is what this annuity will presumably buy you.
If you are FERS, then you probably need a larger portion from the TSP since the annuity portion is about half what you'd get if you were CSRS.
These are important considerations to figure out what advice to give.
How much income do you need from the TSP to supplement your Pension income from the Gov't ?
Also, you asked whether to roll into a variable annuity or keep it in the TSP, but you have a third option.
You can roll it over into an IRA at any financial institution (e.g. brokerage, bank, credit union).
I would highly discourage you from using an annuity product. As mentioned in the previous post, your funds are already in a tax-deffered vehicle. Annuities also have additional fees. The most common fee is an M&E (Mortality and Expense) charge. The M&E can run anywhere from 1.2% to 1.7% of total assets. And although it may not sound like much, the compounded effect of the extra fees can be significant over an extended period of time.
Annuities are also sold with differing surrender periods. A shares have lengthly surrender periods - usually about 7 years. L shares usually have 4 year surrender periods and C shares have a 1 year surrender period. Each share class has differing M&E charges. The "advisor" gets paid the highest upfront commission on the A shares. Usually about 5%.
You also should be weary of "Index" annuities. Allianz offers these annuities and they are BAD. Index annuities claim they track an index but in reality the formula used to calculate the return on investment differs greatly from the actual performance of the index, even before fees. The surrender periods are usually 10 years. The annuity pusher usually gets an upfront pop that can be as high as 8%. Index annuities are not registered products and therefore any person that can fog up a mirror and pass an insurance exam (anybody) can sell these products.
My advice is to stay away from annuities. Talk to a Certified Financial Planner and explore different options.
Good luck.
variable annuities were designed to enrich those selling them. Just say no.
I went through all the details with a parents retirement savings. Luckily I stopped it in time. Variable annuity sales are where the the adjustable bed guys aspire to be.
Bob2007,
My dad is a retired 15 -10 EPA. Has a life time stream of income so you might be in a similiar situation. Lot of posters here showing bias agains the annuities but I would give them some thought. WHile the expenses are high ther are some benefits to sonsider aswell.
1) You usually have a numbe of accounts inside the annuity you can chhose from. This allows you to avoid taxable gains and change funds as your risk changes.
2) You obviously feel like a hero if the market collapses and you have a 7% gaurantee
3) you might have some exeptional fund choices inside the anbnuity that have been closed off.
This is not to say that I disagree with the other posters. Annuity have high expenses adn if you are a retired govt guy you should have the gauranted income comeing in from the government but you shoul,d always be aware of your option. For your specific siuation Who Knows?
Perhaps a more formidable question is whthe you take out a life insurance policy now and elect the full payout on the pension or if you take the reduced payout and and cover your spouse. My father might have reconsidered his option to reduce the payout in hindsight,
Hi there Truly sad how many morons their are on this ite. after 23 years in the fincancial industry im still amazd at the stupidity i see everyday. First off NO ONE HAS EVER LOST A PENNY IN AN INDEXED ANNUITY OR A FIXED .. FACT That did not violate the terms of the contract . so for all you know it all show me a statement where anybody lost a penny in the last year or in 2000 or in any year abd I buy you dinner anywhere in the country. Cant do it , I know Thanks to the ego-maniacs i see here and elsewhere millions of seniors now have crushed dreams and millions ae looking or oart time work at Walmart .. Good call guys .. Perhaps you have not seen the study from the 2 Prof. at Wharton Bus School i know youre all smarter then they are and you see the real returns of indexed annuities BETTER THEN ALL THE OTHER ASSET CLASSES AND BEST OF ALL NO FEES IN DOWN MARKETS HOW MANY BROKERS CAN BEAT THAT . Stop lying to your clients and show me your top 50 accounts for jan 2007 till now and ill show you mine ,,, i averaged 12-19.99% in that period and still have EVERy DAMM PENNY PLUS ALL MY PRINCIPAL And paid no fes ... So put up or Shut up already
Meet with a different Financial Advisor. Hell, meet with a half dozen until you find one that puts together a proposal you like. For him to offer you one investment for your entire portfolio is just lazy. (Unless you have undisclosed millions and this is not that big of a deal.)
1) Variable annuities can have a valid place in a portfolio. Allianz is one of the more expensive. If you are serious about guarantees, check about Protective, or possibly Lincoln or John Hancock. They pay the advisor less; but, usually have the best guarantees and the least fees. Don't let him give you anything about the company: they are all decades old and very stable. Also, at that level, ask about an "A" share annuity. It will save you a mountain of fees; but, he gets much lower trails. Many advisors will not even offer them under the guise of having to pay for it. I know Edward Jones does, I have heard Merril Lynch and some of the other big houses have started to make them available as well.
2) Most financial planners will tell you that no more than 1/3 of your retirement assets should be in a variable annuity. You usually do not need the guarantees they provide. (Believe it or not, the market actually works and a good money manager can actually grow your wealth in these periods!) Consider 1/3 Variable annuity, 1/3 good mutual funds in a balanced portfolio, 1/3 other including CD's, fixed annuities, bonds, dividend paying equities etc.
There will be market fluctuation; but, you will probably have the rising income supplement you need in retirement.
magsbag, let me clear up some confusion from previous posts:
1) A and C share VAs do not have the long CDSC (contingent deferred sales charge) schedule, surrender period, it is the B share. Bonus products which give you an upfront bonus will have longer surrender periods.
2) The guaranteed growth is great, but it is to the benefit base, not to your account value. They are two different things. DO NOT confuse the two, and understand the difference before proceeding any further. If you withdraw early, you're getting the account value minus the surrender charge, not the benefit base.
3) I don't know what your age is, but there is a cap on that guaranteed growth. Take that into consideration and your investment time horizon.
4) Your advisor may also be a CFP. Having the designation is great, but it can also mean squat IMO. There are a lot of regular Joe-6-Pack like Patrick from patrick.net who called the housing bust years ago, and research analysts with CFAs blind to the bubble. Henry Paulson had an awesome title but what did he do for you and your children?
5) Expenses are high, but remember that you have many subaccount options across many mutual fund families. However, also remember that with this rider and guarantee in place, the insurance company to hedge themselves will restrict your options as to not be too aggressive.
6) If you choose to annuitize, becareful. If you choose the lifetime income option, and you can hit by a car the next day and die, your money now belongs to the insurance company, your beneficiaries get squat.
7) Conversely, if you haven't annuitized, you have a death benefit that's probably the greater of your account value or the principal invested going to your beneficiaries. Say the market tanks again and you croak, your beneficiaries get your principal, and haven't lost anything. Show me a mutual fund or stock that will guarantee that.
There are many ups and downs with annuities. It is neither a miracle product or the bane that some posters make them out to be. Like with everything else, CDs, mutual funds, stocks, bonds, how suitable it is depends on your unique situation which I'm unqualified to advise you on. I can only tell you not to make a quick decision and also look at other insurance carriers such as John Hancock, Lincoln, Jackson National, Pacific Life, etc. They may also have VAs that are more suitable to you and may or may not have better features and guarantees. If your advisor isn't familiar with these companies, get another opinion. You don't want a saleman only knowing one product. An independent advisor should be able to give you many options, and not hawk one product. If he/she does, beware they may be in one company's pocket and have too good of a relationship with the local wholeseller.
Do not take what I've just wrote as investment advice. :-) Talk to your professional, or many professionals and not get pressured to rushing things. Good luck.
Also, our Professor Piggington, Rich is an advisor I believe. He probably won't solicit you over the Internet due to compliance reasons and his Compliance Department watching, but that doesn't mean you can't reach out to him for a second opinion. :-)
Lincoln just lost their entire C level staff last year, as they migrated to Sunlife (I think). Not sure that's anything big but always something to keep in mind.
Heard SunAmerica funds havent done the best over the past few years either.
A: So the financial advisor can make a commission.
(SO, you know my opinion)
Are you CSRS or FERS ?
If were were covered under CSRS your pension is probably pretty good, so you may not need a huge amount of guaranteed income from the TSP portion, which is what this annuity will presumably buy you.
If you are FERS, then you probably need a larger portion from the TSP since the annuity portion is about half what you'd get if you were CSRS.
These are important considerations to figure out what advice to give.
How much income do you need from the TSP to supplement your Pension income from the Gov't ?
Also, you asked whether to roll into a variable annuity or keep it in the TSP, but you have a third option.
You can roll it over into an IRA at any financial institution (e.g. brokerage, bank, credit union).
You must be about 18 years old due to the nature of your response Why do you need an Annuity its already tax Deferred. Wake up fool . ITs not for the deferral its for the INSURANCE , Why do you insure your HOUSE/ CAR / LIFE bt NOT your largest ASSET... Please rread something other then PLAYBOY!!!!!!!!!!
@chupee
I am kind of surprised by your tone, particularly considering that you have been a 'member' of this board for 16 hours, 4 minutes of writing this -- probably creating your login at your post here:
http://piggington.com/need_advise_allian...
Then you come out with something along the line of:
towards someone who has been on this board for 3 years 16 weeks. Are you aware that members on this board have a periodic meet-up(s) in person?.. This board is not quite as anonymous as you think. Please leave the 'yahoo' style of posting on yahoo.
@magsbag
As to annuities:
The tax deferral really applies to growth in assets over time. They are best used outside of an already tax deferred account like a 401K which already shields the growth. This is particularly true with a Variable Annuity which is tied to the performance of separate 'accounts' within the annuity (Looks almost like a 401K/IRA with funds you can select). The problems with Variable Annuities are:
1) Fees are much higher than normal.. on top of the loads of the mutual funds themselves. I have seen expense ratios near 4% for some Variable Annuities - not including the loads of the mutual funds.
2) Surrender charges can be brutal.. 25% or more of principal put in. Figure out how much longer you expect to live (Average age your direct relatives have lived minus your current age is a decent estimate).
3) The financial advisor may claim a return of 7% guaranteed, but I would read the fine print. Typical guaranteed rates are 1 to 2%.. and guaranteed rates of return are generally applicable to Fixed Annuities only because the value of a Variable Annuity is tied to the underlying investment/funds.
4) There is a large 'kickback' to the seller of an Annuity (sales charge - on top of the sales charge that the Variable Annuity's funds may have).
The pluses - depending upon the type and term:
1) Principal tends to be guaranteed against loss - though double check this for Variable Annuities, some of them may not be guaranteed against loss.
2) Guaranteed level of payments.. again check Variable Annuities.. they may not have a guaranteed level of payments.
One of the biggest problems is the way Annuities are marketed. Make sure the Variable Annuity matches your needs. You already have a pension, which is a guaranteed income stream -- and read the fine print of the Annuity (can't stress that enough). One important thing to remember with investing is that risk and reward are opposite sides of the same coin. The only way to get a higher return is with greater risk of loss. Anything that seems to violate this should be viewed with suspicion.
One thing to look at is your 'risk profile'. How much can you risk and how much do you want to risk. Another low risk option would be rolling the TSP into an IRA at a brokerage and then using the brokerage to purchase A rated corporate bonds (I would limit the purchase to bond of 1 year and under in the current condition). You will be able to get better than 'CD' rates this way.
I would also re-read these posts:
http://piggington.com/need_advise_allian...
http://piggington.com/need_advise_allian...
Umm, not to get all fact based on you, but didn't folks who held long term insurance contracts written by Executive Life Insurance (California) take a HUGE haircut in the 1989 when the company invested heavily in junk bonds?
http://tinyurl.com/yzsegkn
.
^
magsbag, I want to clear up a few more things. I agree with most of ucodegen's post with a few exceptions; and before I go on, I have to say that you're not doing your profession any favors by over reacting and chupee or taking on a condescending tone.
2) I have not seen any recent variable annuities with ridiculously high surrender charges like 25%. 10% at a maximum and usually only with bonus products. They typically start at 8% and slowly decrease. The products with obscene CDSC schedules are the EIAs (equity indexed annuities).
3) The 7% growth is guaranteed in this Allianz VA as other VAs from other insurance company. This is growth before expenses from my understanding without reading the prospectus; it's typical. Again, the important part here is that the growth is to the BENEFIT BASE, NOT YOUR ACCOUNT VALUE. Because of, and if you choose, this guarantee, they'll usually restrict your subaccount selection.
1) Principal is guaranteed while you're alive usually only if you select what's called a GMAB rider (and there are terms and stipulations with this). Otherwise, principal is only guaranteed as a death benefit to your beneficiaries. Again, I'm only speaking about VAs here since that's your question.
2) If you choose one of these relatively new GWLB riders, you will have level payments. For instance, 5% of the BENEFIT BASE for life. There's that term again.
I pretty much agree with the rest of ucodegen's post. The product and guarantees are too complicated for a message board. You need to read the prospectus, see various illustrations, talk to several advisors, etc. Every one of the insurance companies named in this topic has some sort of GMAB, GMIB, GMWB, GWLB rider if you're looking for guaranteed growth, income, principal protection etc, but each have their own calculations, stipulations, advantages, and drawbacks.
Rich won't chime in because I know it's prohibited by his compliance department. You might want his opinion or another local independent advisor. My only opinion here is to be wary of advisors selling proprietary products.
Don't take anything I've said as gospel or advice. :-) Just trying to help with my limited knowledge.
BTW, do you have a thing for Allianz? Is that all your professional is offering because you seem to have asked this question before more than two years ago:
http://piggington.com/allianz_variable_a...
My friend, you've had quite awhile to research this and other products! Okay, good night all, last post in this thread.
Umm, not to get all fact based on you, but didn't folks who held long term insurance contracts written by Executive Life Insurance (California) take a HUGE haircut in the 1989 when the company invested heavily in junk bonds?
http://tinyurl.com/yzsegkn
.
State insurance funds, which depend on premiums paid by individual insurers, will be called on to make up any shortfalls in policyholder payments by Executive Life's new buyer.
Forgive me I just get tired of know it alls trying to sell Variable annuities which are a reue nightmare to seniors .. and in the same breath i am exhasted from brokers which i was one for many mnay years still pushin mutual funds and other equity postions .. Let me know when the REal get toether is in person and we can all lay down our statements .. Thats what stops the bullshit . i am solution driven NOT product and NOT comission driven. if its loca l to la I would love to meet some of you guys otherwise its just poinyess to talk about symantics when we all know that the brightest of the bunch GOT KILLED in the last 18 months My accounts are STILL a t the highs end of story .. sorry if this pisses you guys off
Umm, not to get all fact based on you, but didn't folks who held long term insurance contracts written by Executive Life Insurance (California) take a HUGE haircut in the 1989 when the company invested heavily in junk bonds?
http://tinyurl.com/yzsegkn
.
State insurance funds, which depend on premiums paid by individual insurers, will be called on to make up any shortfalls in policyholder payments by Executive Life's new buyer.
Forgive me I just get tired of know it alls trying to sell Variable annuities which are a reue nightmare to seniors .. and in the same breath i am exhasted from brokers which i was one for many mnay years still pushin mutual funds and other equity postions .. Let me know when the REal get toether is in person and we can all lay down our statements .. Thats what stops the bullshit . i am solution driven NOT product and NOT comission driven. if its loca l to la I would love to meet some of you guys otherwise its just poinyess to talk about symantics when we all know that the brightest of the bunch GOT KILLED in the last 18 months My accounts are STILL a t the highs end of story .. sorry if this pisses you guys off
Chupee: In a prior life, I was in corporate finance and accounting for Willis, a broker I'm sure you've heard of, if you're truly in the insurance game.
My point is this: As a finance professional, my communications skills, both written and verbal, were the keys to my success.
How on earth are you representing yourself as any sort of professional with those absolutely abysmal writing skills? Your little missives are chock full of misspellings, grammatical and punctuation errors and yet you're holding forth on "know it alls".
I would imagine that there are a dozen plus banking, insurance and finance professionals on this board that would bury you in terms of knowledge, experience and portfolio management.
I can't believe that any of the significant players in the annuity market didn't nuke you out of hand for your marked inability to compose even a single coherent and well written sentence.
Yes my friend my typing skills are horrific that why i have a sec and actually im a much better pianist then a typist actually an award winning composr but thats a diff thread , While Im sure there are many on here with more experience then my 23 years there are very few who beat my PERORMANCE if they are emploring any of the strategies i see spoken of here. i spent 20 years at the larget new York firms and worked with the largest money manager in the country thru the 90's and into 2001 and BOTTOM LINE they all got killed while charging their 1-2 % fee. THe truth has started to leak into the press as we see with the Wharton Proof of indexed Annuities beating most classes . Ed Slott Waren Buffet are all NOW stating fixd annuities as well as Indexed annuities have a valid place in a retirement portfolio. so until i can see a guaranteeed startegy that will not allow my clients to be subjected to the LOSSES im sure youre clients have had to stomach grammer and sentence structure are really of little interest to me
all bets are off
Chupee: Yeah, well, I'm no longer on the corporate side. I do blast engineering now and my clients are more concerned with things other annuity purchases.
I will say this, though, and it comes from having worked with players ranging from Montgomery Street Securities in San Francisco to Bear Stearns in NYC: If you weren't selling annuities, you'd be selling cars or refrigerators or timeshares in Cabo.
From the "stock jocks" to the VUL "specialists", nearly ALL of you suffer from two things: (1) Lack of knowledge about your product(s) and (2) Willingness to do anything to hit your sales targets.
So, that blowhard attitude of yours is nothing new. And, I'd wager your "results", like all of the other results, have the substance of wind.
I'm sure you're quite the virtuoso pianist, as well as a composer along the lines of Beethoven. I'd be willing to bet you have an award winning wine cellar and a library to make the pharaohs weep. Your automobile collection is eclectic, yet reflects your stunning taste, as is your coterie of female admirers.
Anyhoo. Keep tossing the bullshit, my friend, eventually some will stick to the wall.
Damn, I don't have a house yet.
Chupee's timing is rotten. I could have used all that to fertilize my garden.
Oh, well.
State insurance funds, which depend on premiums paid by individual insurers, will be called on to make up any shortfalls in policyholder payments by Executive Life's new buyer.
True, the Insurance Commissioner will try to clean up the shrapnel if you pick the wrong long company for a long term annuity, but he won't necessarily make you whole. Here's the L.A. Times coverage of the Executive Life debacle:
http://tinyurl.com/yhncwt6
Highlights inclue
After taking control of the company, California Insurance Commissioner John Garamendi ordered Executive Life to cut all annuity payments--including those bought by companies after terminating pension plans--to conserve the insurer's inadequate funds. (...)
If Garamendi can't find other insurance companies to buy Executive Life, the firm might be forced into insolvency. The California guarantee fund, which began operation on Jan. 1, would come into play. But it has sharply defined limits, paying 80% of a policy, up to a maximum of $250,000 for death benefits and $100,000 for an annuity. For a corporate pension annuity, the maximum payout is $5 million under the state fund.
Garamendi already has decided that one Executive Life product--the guaranteed investment contract--doesn't qualify for protection under the state fund because it isn't a true insurance vehicle. The contracts, popularly called GICs, are sold in multimillion-dollar units to businesses and public agencies. The attraction was the "guaranteed" high-interest rate, which was guaranteed only by Executive Life's financial health.
I'll certainly agree with you that annuities can be a useful part of a long term financial plan, but the retail buyer often gets taken to the cleaners due to their lack of knowledge of the products, the commission structures, and the soundness of the issuer.
(And I'll agree that the information in the article regarding the state fund does not accurately describe the fund's limitations today)
You guys really take your SALES gig way too serious .. as i thought no one wants to have a civil sit down and discuss and show a few statements and im sure you discount the Wharton School of business article also so what can i say . No im not beethoven just a pretty good composer so when the local La guys ae ready lets go to my favorie rest/ steak house called Mastros in bev Hills and lets have nice meal and see whos really hiding behind a chatroon .. who knows maybe we can do a seminar together. The bottom line is there is a war going on between the insuance industry and Finra and all you guys have been indoctrinated into equities that you really cant see the forest thru the trees . at the end o fthe day here is only ONE thing that matters how did the client do . i get cards and letters from all over the world from clients when they travel thankng me for saving their retirement and oher assets. They dont care how much the Ins paid me .. They didnt pay a penny and the fees are only taken from gainds so what can be beter then that ,, Just tell me and ill jump on your wagon ,, Trouble is have NEVERseen it .. so i go in pEace and offer is always open.. and by the way Cricketin the grass god help your clients Im sure your stomach turns when your phone rings.. best of Luck
thank you as thats the first honest commebt ive read here so far .
Chupee: Yeah, well, I'm no longer on the corporate side. I do blast engineering now and my clients are more concerned with things other annuity purchases.
I will say this, though, and it comes from having worked with players ranging from Montgomery Street Securities in San Francisco to Bear Stearns in NYC: If you weren't selling annuities, you'd be selling cars or refrigerators or timeshares in Cabo.
From the "stock jocks" to the VUL "specialists", nearly ALL of you suffer from two things: (1) Lack of knowledge about your product(s) and (2) Willingness to do anything to hit your sales targets.
So, that blowhard attitude of yours is nothing new. And, I'd wager your "results", like all of the other results, have the substance of wind.
I'm sure you're quite the virtuoso pianist, as well as a composer along the lines of Beethoven. I'd be willing to bet you have an award winning wine cellar and a library to make the pharaohs weep. Your automobile collection is eclectic, yet reflects your stunning taste, as is your coterie of female admirers.
Anyhoo. Keep tossing the bullshit, my friend, eventually some will stick to the wall.
i am truly sorry you were burnt from the stock world but if you are in La i will take you to lunch my treat and if nothing else you will learn something and i actually give a cd of some of my music .. Thats more then anybody is offering . so your call. be careful when you challenge someone unless youre willing to back it up I am ...once again good food and a little tutorial.. I dont expect to have the pleasure as its much easier to live in your litle make believe world where you never admit you were wrong .. take care
Chupee: Yeah, well, I'm no longer on the corporate side. I do blast engineering now and my clients are more concerned with things other annuity purchases.
I will say this, though, and it comes from having worked with players ranging from Montgomery Street Securities in San Francisco to Bear Stearns in NYC: If you weren't selling annuities, you'd be selling cars or refrigerators or timeshares in Cabo.
From the "stock jocks" to the VUL "specialists", nearly ALL of you suffer from two things: (1) Lack of knowledge about your product(s) and (2) Willingness to do anything to hit your sales targets.
So, that blowhard attitude of yours is nothing new. And, I'd wager your "results", like all of the other results, have the substance of wind.
I'm sure you're quite the virtuoso pianist, as well as a composer along the lines of Beethoven. I'd be willing to bet you have an award winning wine cellar and a library to make the pharaohs weep. Your automobile collection is eclectic, yet reflects your stunning taste, as is your coterie of female admirers.
Anyhoo. Keep tossing the bullshit, my friend, eventually some will stick to the wall.
i am truly sorry you were burnt from the stock world but if you are in La i will take you to lunch my treat and if nothing else you will learn something and i actually give a cd of some of my music .. Thats more then anybody is offering . so your call. be careful when you challenge someone unless youre willing to back it up I am ...once again good food and a little tutorial.. I dont expect to have the pleasure as its much easier to live in your litle make believe world where you never admit you were wrong .. take care
I have to say as i didnt read the end of your charming note that i actually am a huge fan of extoic cars and I just recieved a beautiful Ferrai from New York 3 weeks ago so youre were pretty close on that one. i was gonna post a pic so you guys could trash that too but coulnt get it to post ..If youre ever in Calabassas feel free to stop by VCR on sunday mornings
i am truly sorry you were burnt from the stock world but if you are in La i will take you to lunch my treat and if nothing else you will learn something and i actually give a cd of some of my music .. Thats more then anybody is offering . so your call. be careful when you challenge someone unless youre willing to back it up I am ...once again good food and a little tutorial.. I dont expect to have the pleasure as its much easier to live in your litle make believe world where you never admit you were wrong .. take care
Chupee: Huh? Where did I say I was "burnt in the stock world"? I'm going to go with nowhere.
As far as a "make believe" world goes... Yeah, never mind.
Well, enjoy your "Ferrai", whatever that is and how interesting you couldn't get the picture to post, huh?
tell me how I have quite a few i think they want it in HTMl which im not sure of .. i await your instructions thanks
Ps Youre not sure what a Ferrari is ,?, THen you would not enjoy it. Sorry
Man that shovel must be heavy..
There is a menu item right under the comment entry box labeled "Add image". Now I know that you know how to use the comment entry box because you have been using it for quite a few posts... and you had to have read right through the "Add image" section to hit the "Save" or "Preview" buttons.
So how about that Ferrari.. You were the one who made the boast.. btw check your spelling on your post here, where you called it a "Ferrai".. whatever that is.
BTW, chupee, your writing here .. quoted
Your phraseology is wrong and indicates that you are shoveling it (and two spelling errors too). If you had really purchased a Ferrari and had it shipped.. you would have taken delivery of it from the shipper or expediter. Your wording indicates that you would like to 'receive' a Ferrari, but you are quite unable to pay for it, have it shipped, and take delivery of the vehicle.
thanks i saw that however when i try and copy and paste no workie . any other suggestions. it just copies and pastes a link but NOT the JPEG. well considering how trashed my typing is I would think you woudl d have fig what it was ... ok im trying here..