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Targa, Panamera Turbo
 
M.D. Holloway's Avatar
 
Join Date: Aug 2004
Location: Houston TX
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Primerica...hmmm OK

Got a call from a someone with Primerica. Hmmm Always considered these guys bottom feeders. Guess I'm a bottom lurker...

Out of curiosity I looked them up and read a little about their angle. What a bunch of crap...

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Old 04-30-2013, 07:56 PM
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wow. lot of good information in that post. thanks!
Old 04-30-2013, 07:59 PM
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Targa, Panamera Turbo
 
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Ok, I'll bite, what can you add? Educate me please...
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Old 04-30-2013, 08:04 PM
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Old 04-30-2013, 08:10 PM
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What's the issue with them, Mike ? I heard they are kind of shady
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Old 04-30-2013, 08:17 PM
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Well, come to find out it seems as though they have a good pitch to 'middle Americans' on investing. I haven't seem the performance data on how well their portfolios do but it looks like a very aggresive investment house that sells term insurance and mutual funds. Its along the same concept as Amway - warm market. Has about 80% leave rate after the first year but its a deal that hooks you to get friends and family to get on board and take a cut.

I think it was a spin off of a group started by Citibank. I would love to sit with one of their people and review the training manual for selling / closing. The techniques are interesting...
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Old 05-01-2013, 07:14 AM
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Sounds like Vertical Marketing for an Investment product.

Basically a legal pyramid/ponzi.
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Old 05-01-2013, 07:52 AM
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Primerica - Wikipedia, the free encyclopedia
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Old 05-01-2013, 08:30 AM
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google primerica scam. that should tell anyone enough.

Old 05-01-2013, 12:58 PM
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