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Digg it UP - Annuities - Equity-Indexed Annuities - The Investment From Hell
I was approached by a man who had unsuccessfully been trying to sell his franchises for four years. We looked at what the market really, really wanted and then doubled the price of the franchise and added a free trip for two to Disneyworld. I sold all the franchises in four months. When we added a free television set for anyone who bought a house from us, my wife, Rika, and I sold more houses.Why do they have conventions in Las Vegas instead of some unknown, small town? Because people want to play. They want an excuse t
Fortunately, Jim read his contract, and just in time. Jim said, “I meet with an advisor. He recommended the Allianz MasterDex 10, since at the time they were offering a 12% bonus up front. After he went through his talk it sounded good so I rolled my IRA over into it. That was the first time I saw the booklet, when he laid it out for me to sign, and I did. Upon getting home, I read it and saw I had messed up, thank goodness for the ‘three day
When a visitor lands on your squeeze page they are made an offer. That can be a free ebook, an ecourse, a newsletter or some other free offer that they will find it difficult to refuse. You should treat it as a sales page for your offer, and than tell the visitors that all they have to do is provide their first name and email address so that you can send the free gift or offer to them. You should also mention that you will send them other useful information and offers from time to time. They can hardly complain at that, ca
I’ve been hearing from many of these investors lately. Some of them got the message before they stepped off the cliff. For others, the warning came too late.
Over the past several years I’ve been sounding the alarm bell due to the inherent dangers found in equity indexed annuities (EIAs). And the message is being heard. I’ve recently issued detailed reports on EIAs in general and one specifically on the most popular EIA on the market, the Allianz MasterDex 10. In these free reports, I explain the risks and pitfalls to you that the person selling them doesn’t. Too bad that Greg’s grandpa didn’t know the truth. Greg explains: “Back in 2000, my Grandpa was talked into buying one of these by an agent. He was planning on just withdrawing the interest each year to live on. Well, for the first 6 years, they distributed 10% of his initial investment. Recently, he has come down with terminal cancer, and wanted to get out.
“He asked for a full withdrawal, knowing that he’d have to pay the 4% (surrender) penalty. Well, his total withdrawals over the seven years came out to less than 90% of his initial investment! Reading through the contract, it looks like he wasn’t supposed to start receiving distributions until 2015, when he would 98 years old! Does this sound right to you?”
No, Greg, it doesn’t sound right to me. But unfortunately, that’s how some of these EIAs work. The truth is written in the fine print of the contract, which most people fail to read, much less understand.
Fortunately, Jim read his contract, and just in time. Jim said, “I meet with an advisor. He recommended the Allianz MasterDex 10, since at the time they were offering a 12% bonus up front. After he went through his talk it sounded good so I rolled my IRA over into it. That was the first time I saw the booklet, when he laid it out for me to sign, and I did. Upon getting home, I read it and saw I had messed up, thank goodness for the ‘three day
So, you've got a brand new shiny blog. You lovingly tend to it, writing posts with the perfect mix of warmth, humor, irony and insight.You write, you post, and you wait. Crickets are chirping in the silence as you start to wonder, "So now that I have a blog, how do I actually get people to look at it?"If your traffic report for your site is like a flat line on a graph, don't fret.Unless you're Guy Kawasaki or Seth Godin, it's not likely that your blog will shoot to the tippy top of Technorati overnight. Fo
Over the past several years I’ve been sounding the alarm bell due to the inherent dangers found in equity indexed annuities (EIAs). And the message is being heard. I’ve recently issued detailed reports on EIAs in general and one specifically on the most popular EIA on the market, the Allianz MasterDex 10. In these free reports, I explain the risks and pitfalls to you that the person selling them doesn’t. Too bad that Greg’s grandpa didn’t know the truth. Greg explains: “Back in 2000, my Grandpa was talked into buying one of these by an agent. He was planning on just withdrawing the interest each year to live on. Well, for the first 6 years, they distributed 10% of his initial investment. Recently, he has come down with terminal cancer, and wanted to get out.
“He asked for a full withdrawal, knowing that he’d have to pay the 4% (surrender) penalty. Well, his total withdrawals over the seven years came out to less than 90% of his initial investment! Reading through the contract, it looks like he wasn’t supposed to start receiving distributions until 2015, when he would 98 years old! Does this sound right to you?”
No, Greg, it doesn’t sound right to me. But unfortunately, that’s how some of these EIAs work. The truth is written in the fine print of the contract, which most people fail to read, much less understand.
Fortunately, Jim read his contract, and just in time. Jim said, “I meet with an advisor. He recommended the Allianz MasterDex 10, since at the time they were offering a 12% bonus up front. After he went through his talk it sounded good so I rolled my IRA over into it. That was the first time I saw the booklet, when he laid it out for me to sign, and I did. Upon getting home, I read it and saw I had messed up, thank goodness for the ‘three day
No matter what kind of service you give, it is important to build costumer loyalty for it would yield to generating profit and market sustainability. But since it still depends to the costumers whether they choose your product or services over another for a particular purpose, building costumer loyalty is a goal you have to work hard on to achieve. However, it is not that difficult. By making your own correct perspective, realistic goals, and proper actions, you will be able to make a generous number of loyal costumers that ge
“He asked for a full withdrawal, knowing that he’d have to pay the 4% (surrender) penalty. Well, his total withdrawals over the seven years came out to less than 90% of his initial investment! Reading through the contract, it looks like he wasn’t supposed to start receiving distributions until 2015, when he would 98 years old! Does this sound right to you?”
No, Greg, it doesn’t sound right to me. But unfortunately, that’s how some of these EIAs work. The truth is written in the fine print of the contract, which most people fail to read, much less understand.
Fortunately, Jim read his contract, and just in time. Jim said, “I meet with an advisor. He recommended the Allianz MasterDex 10, since at the time they were offering a 12% bonus up front. After he went through his talk it sounded good so I rolled my IRA over into it. That was the first time I saw the booklet, when he laid it out for me to sign, and I did. Upon getting home, I read it and saw I had messed up, thank goodness for the ‘three day
I once wrote a direct mail piece that generated a dreadful response rate. It was too high.My client was a brand new stadium in Canada’s capital city, Ottawa. The stadium featured luxury suites that businesses could rent or lease to entertain prospects and clients, host corporate parties and reward employees.I was asked to craft a direct mail lead generation piece that would invite local businesses to spend an evening in one of the suites. Prospects would enjoy a Neil Young concert from some of the best seats in t
No, Greg, it doesn’t sound right to me. But unfortunately, that’s how some of these EIAs work. The truth is written in the fine print of the contract, which most people fail to read, much less understand.
Fortunately, Jim read his contract, and just in time. Jim said, “I meet with an advisor. He recommended the Allianz MasterDex 10, since at the time they were offering a 12% bonus up front. After he went through his talk it sounded good so I rolled my IRA over into it. That was the first time I saw the booklet, when he laid it out for me to sign, and I did. Upon getting home, I read it and saw I had messed up, thank goodness for the ‘three day
Is it the fear of failure that drives a salesperson or is it the thrill of success. When we learn to ride a bike and take off the training wheels, we know that failure will result in bruised knees. As we push the pedals, our confidence or fear will grow and the results speak for themselves.Look at the numbers, failure is associated with success. The most successful salespeople are often the biggest failures. It was Babe Ruth who struck out more than most batters, yet we remember him as a home run hitter. Thomas Edison f
Fortunately, Jim read his contract, and just in time. Jim said, “I meet with an advisor. He recommended the Allianz MasterDex 10, since at the time they were offering a 12% bonus up front. After he went through his talk it sounded good so I rolled my IRA over into it. That was the first time I saw the booklet, when he laid it out for me to sign, and I did. Upon getting home, I read it and saw I had messed up, thank goodness for the ‘three day cooling off period.’
“I called him back and stopped the deal. I get cold chills when I think how close I come to really messing up. I thought he was on my side and was trying to help me out, when all he was trying to do was help himself to my money. I’m glad I got on the internet and found you. You answered even more questions.”
Not all agents are unscrupulous. As Mark found out, some of them are just as ignorant to the truth as most investors are. After reading my free report, Mark forwarded it to his advisor. The advisor replied, “I printed the report, talked to the Allianz representative and hit him with each point. I can’t believe that they could have BSed me so well. This is a lousy product. You shouldn’t buy it and I don’t plan on EVER showing it to anyone else again.”
I’m glad Mark has an advisor that doesn’t put the profit motive above doing what is right for his clients. That wasn’t the case for Phil and Donna. Here’s their story, in their own words: “We were stupid enough to be swayed into turning my husband’s entire 401k into an EIA. Obviously, if we would have understood what we were getting into, we would have run, not walked, away from this! This is really the Investment from Hell!
“We would like to find out if there is anyway out of this mess, without losing almost 25% [in surrender penalties]. This policy made 0% the first year.” Even though the market went up almost 15% in 2006, Phil only made 1.5% that year!
Don’t repeat their mistake. Go to my website and check out my free report for yourself. I promise you’ll find it very revealing, and you’ll never look at an EIA the same way again.
SPECIAL REPORT:
Has this 'Investment From Hell' been recommended to you by your advisor? I hope not! This complimentary 47-page Special Re
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