[quote=chupee][quote=DriveByLurker][quote=chupee, an undercover Dale Canegie instructor]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.(…)[/quote]
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?
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[/quote]
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.
