Whan an Annuity?

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Jul 17, 2005 6:47 pm

[quote=Put Trader]Note the four responses.



1. Annuity guy says annuties are best because it’s what he can sell.



2. BabblingLooney makes a sales presentation of sorts, filled with good points–some debateable, but good nonetheless.



3. Mojo tells a story about Forrest Gump



4. picks up on BabblingLooney’s point that fixed annuities are stupid, and announces that he sells fixed annuities.





[/quote]



Putsy, your question is a sucker’s bet. You’re lucky I at least gave

you a nice story. BabblingLooney gave it to you from her encyclopedia

of knowledge. It was a polite answer to a stupid question.



Fedex me all the usual doc’s for your personal finances (we’ll provide

you a “new client” package with specific details) and my team will

review your current situation. We will make a decision and respond

within 48 hours if there is likely to be a good fit for the both

of us working together for the long-term future. In the mean

time, we will both have time to determine if our attitudes work well

together, while we get to know each other.



It would take three people about 8 hours each to identify whether this

individual fits our criteria for an ideal client. It takes longer if we

are talking about a family office or most privately held companies. An

annuity is not an unusual request from individual clients. We take the

wide-angle lense approach and try to accept or reject it as a good fit.





There you are Putsy, two different answers to the same stupid question.



Gameboy, it appears your life energy points still need replenishing

after the spanking and scare I gave you at the end of last week. You

are somewhere above a peep-show and below a silent film for style

points. I think I’ll need to turn on the sat radio to keep the whole

thing working.



Thanks for all the laughs.

Jul 17, 2005 7:30 pm

Note the responses:



Ms. Looney suggests that, er Roger, is selling the highly questionable Equity Indexed Annuity.



Roger says she is wrong without explaining why, or what it is that he is claiming to sell if not an Equity Index Annuity.



The Annuity whore invents a word designed to insult women and tosses it

into the mix in his normal way–pulling all of his intellect together

into a six word sentence.



Then Mojo jumps in an volunteers to do something if I Fedex him my

financial statement. One wonders if he does not have a fax, or

the ability to receive .pdf files.



Yep, three insurance guys in search of a clue.



Jul 17, 2005 8:07 pm

[quote=Put Trader] 
Then Mojo jumps in an volunteers to do something if I Fedex him my
financial statement.  One wonders if he does not have a fax, or
the ability to receive .pdf files.



Yep, three insurance guys in search of a clue.

[/quote]



Knobby Walsh, with your insurance license we could let one of the three
stooges take a nice siesta. I do need to check my shemp-traps.

Jul 17, 2005 8:19 pm

[quote=Mojo]

[quote=Put Trader] 
Then Mojo jumps in an volunteers to do something if I Fedex him my
financial statement.  One wonders if he does not have a fax, or
the ability to receive .pdf files.



Yep, three insurance guys in search of a clue.

[/quote]



Knobby Walsh, with your insurance license we could let one of the three
stooges take a nice siesta. I do need to check my shemp-traps.

[/quote]



Let me tell you something Mojo.  In your crazed attempt to better
me, or to be funny (whatever it is) you’re trying way too hard.



I’m very bright and the subject of your efforts and I don’t get it–no doubt those with even less interest don’t even try.

Jul 17, 2005 8:25 pm

Note, the Note the responses:



Ha Ha. I am trying to figure out the voice of your character Putsy.
It’s a cross between Burl Ives (“Big Daddy” Politt)) and that guy who
did the intro for The Untouchables (TV) doing the lead up for each
episode.



I have a question I know you’ll like. It’s just around the corner. Easy
to answer. Hard to validate without the goods in hand. A real SVP show
stopper. Looks like you’re almost drunk enough to ask for it.

Jul 17, 2005 8:33 pm

[quote=Mojo]Note, the Note the responses:



Ha Ha. I am trying to figure out the voice of your character Putsy.
It’s a cross between Burl Ives (“Big Daddy” Politt)) and that guy who
did the intro for The Untouchables (TV) doing the lead up for each
episode.



I have a question I know you’ll like. It’s just around the corner. Easy
to answer. Hard to validate without the goods in hand. A real SVP show
stopper. Looks like you’re almost drunk enough to ask for it.

[/quote]



See what I’m talking about–I’m the subject, I have a vested interest
in grasping what you’re trying to say and I just don’t grok it.



It’s really bad message boarding when one of the posters is incapable of getting the other to understand–try English.

Jul 17, 2005 8:54 pm

[quote=Put Trader] I'm very bright [/quote]

Bright people don't need to tell everyone, because everyone can tell just by reading what they write.

Nobody thinks puttyndacrack is bright. He's just another raisin faced bigot that is on the December end of a pathetic existence.

Jul 17, 2005 8:57 pm

Most my posts are basically background chatter.



For most people, the reasons they come to boards like these is to
relax, commiserate, and indulge in some basic easy exchanges or
commentary. Your rap is redundant. Each scratch only exaggerates your
tainted opinions. I think people enjoy my psycho-babble and the liberal
public spankings I give you. If you don’t get it, who cares. Most
people don’t “get” you either. I am providing  some balance to
your posturing.  I’ll give you a  little tip Putsy: You and I
both know that we wont be here much longer. I bet you a slice of pie
that I leave before you do.




Jul 17, 2005 8:59 pm

[quote=Mojo]Most my posts are basically background chatter.

For most people, the reasons they come to boards like these is to relax, commiserate, and indulge in some basic easy exchanges or commentary. Your rap is redundant. Each scratch only exaggerates your tainted opinions. I think people enjoy my psycho-babble and the liberal public spankings I give you. If you don't get it, who cares. Most people don't "get" you either. I am providing  some balance to your posturing.  I'll give you a  little tip Putsy: You and I both know that we wont be here much longer. I bet you a slice of pie that I leave before you do.


[/quote]

Do you have cancer or something?

Jul 17, 2005 9:12 pm

Nope. I am just giving him something to add to his fantasy island
episode this evening. I am waiting for the night he overdoses on the
slow-gin (or dementia to advance) and the probable posts as Marcus
Welby, MD, complaining about HMO’s and the caliber of doctors today to
start showing up. His bedside manner should be worth keeping around for
next season. 

Jul 17, 2005 9:26 pm

[quote=Mojo]



I bet you a slice of pie
that I leave before you do.



[/quote]



Ah, a wager made in heaven.



Before you go be sure to let us know what you think of writing things
like “Booty Call” and putting links to your professional website on the
page?



Is that the mark of a professional in your opinion?

Jul 17, 2005 9:51 pm

When <?:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />the client doesn’t feel comfortable in a managed portfolio, and wants or needs the guarantees.  

<?:namespace prefix = o ns = "urn:schemas-microsoft-com:office:office" /> 

It’s a love hate thing with annuities but I use them. I don’t like the tax issues, and not being able to get the money if the market goes down. You should be able to plan around any CDSC I think most who buy them don’t understand all the moving parts and or the rep who sold them. Certainly older clients that are utilizing strategic methodologies vs say tactical might be suitable.  

Current market conditions i.e. flat yield curve the market is just unwilling to take more risk for long term to get say 4.3 when the can get 3.8 short term. I don’t believe the flat curve is actually indicating bad times ahead rather an anomaly maybe sentiment is having a greater effect than we care to realize.

Jul 17, 2005 10:36 pm

[quote=Put Trader] Before you go be sure to let us know what you think of writing things like "Booty Call" and putting links to your professional website on the page?[/quote]

It sounds like poor ol' puttyndacrack has never had a booty call in his life. I am not surprised. People who exhibit as much negativity as putty does aren't on the speed dial of hot chicks. He's not on the speed dial of anyone, actually. He's just a poor ol' crusty raisin, waiting to die.

Jul 18, 2005 12:09 am

Why is everybody concerned with the yield on annuities?  How about doing some planning with annuities?  Do a Google search for "insurance", "annuity", and "arbitrage".

Pikers...

Jul 18, 2005 12:48 am

[quote=Put Trader]

[quote=Mojo]



I bet you a slice of pie
that I leave before you do.



[/quote]



Ah, a wager made in heaven.



Before you go be sure to let us know what you think of writing things
like “Booty Call” and putting links to your professional website on the
page?



Is that the mark of a professional in your opinion?

[/quote]



Putsy, quid pro quo?



I agree to answer your question honestly and you agree to answer mine
with complete candor. Simplicity. No smoke and no mirrors. Just plain
english. We could ask Sra. Loony if she would agree to pick a number
between one and one hundred. The closest to the number gets to chose
who goes first. Or we could default to the old standard “Beauty before
age.”




Jul 18, 2005 12:49 am

[quote=menotellname]Why is everybody concerned with the yield on annuities?  How about doing some planning with annuities?  Do a Google search for “insurance”, “annuity”, and “arbitrage”.

Pikers...[/quote]

I'm not concerned. It is what it is.

The search you mention will pull up sites that discuss mortality swaps. I've been doing those for years, when they made sense.

I first learned of them from one of the books that really changed my practice, well over a decade ago.

Jul 18, 2005 1:30 am

[quote=menotellname]

Why is everybody concerned with the yield on
annuities?  How about doing some planning with annuities?  Do
a Google search for “insurance”, “annuity”, and “arbitrage”.

Pikers...

[/quote]

Why is everyone so concerned about the disproportionate amount of blacks in non-combat units? How about doing some urban planning? Do a Google search for "gay marriage", "Civil Liberties Act of 1964", and "HIV/AIDS and Down Low."

Mensa (Senorita, mis amigos le encantan escuchar su nombre en espanol - Muchas gracias "genius")...

Buena suerte.
Jul 18, 2005 7:02 am

[quote=Mojo]



I agree to answer your question honestly and you agree to answer mine
with complete candor.



[/quote]



As I have said before, I am not going to engage in a game of twenty questions, or even one question, designed as a "Gotcha."



What is on the table is a question regarding your sense of
professionalism.  What is also on the table is my answer to the
same question.



Essentially all I am asking is if you agree with me or not. 
Surely you’re able to come up with something along those lines–it’s
not that hard, you either do or your don’t.



How about this.  If you can explain how linking your business
practice to something such as that “Booty Call” piece is a sign of a
mature, clear thinking, adult let me know–otherwise I will conclude
that you too agree that it’s anything but a sign of mature, clear,
thinking adult.



Fair enough?

Jul 18, 2005 7:09 am

[quote=Mojo]
slow-gin 
[/quote]



It’s “Sloe Gin” and damn does it bring back memories of The Cutest
Little Thing In The Metroplex, a yellow 1965 Impalla convertible, and
lonely Texas roads late at night.



Or was it the honest to God nympho with a Rambler that had front seats that laid back all the way to the back seat?



When they say you can never go back, it’s both factual and a damn shame.

Jul 18, 2005 9:11 am

[quote=Mojo] [quote=menotellname]

Why is everybody concerned with the yield on annuities?  How about doing some planning with annuities?  Do a Google search for "insurance", "annuity", and "arbitrage".

Pikers...

[/quote]

Why is everyone so concerned about the disproportionate amount of blacks in non-combat units? How about doing some urban planning? Do a Google search for "gay marriage", "Civil Liberties Act of 1964", and "HIV/AIDS and Down Low."

Mensa (Senorita, mis amigos le encantan escuchar su nombre en espanol - Muchas gracias "genius")...

Buena suerte.
[/quote]

...said the white male, racist, homophobic.