![]() I trade stocks on my free time and do alright for myself, have turned 20k into 36k in 9 months mainly on swing trades and some day trades both based on upcoming catalysts and market trends and I would have thought my account would’ve been managed by someone more knowledgeable about the market than a firefighter who has been doing it 10 years who called it his “side hustle”. He also pushed hard on me to get life insurance and I have since looked up Primerica and it seems it is a MLM business.Īlso throughout the meeting it became apparent this guy that I set my account up with would be managing my funds. We start with our complimentary Financial Needs Analysis (FNA) to help you. ![]() Our Representatives come from all walks of life and from communities and neighborhoods all across North America. I didnt think a bank would have to sell you to start a Roth IRA with them, just thought it would be something they would assist you in but it seemed like more of a sales pitch and about how reputable their company is. Primerica is uniquely positioned to understand the needs of our clients because our Representatives are Main Street families, just like the clients we serve. I scheduled a call with him over zoom last week and the meeting soon turned into a “presentation” about their company and how I could also make money doing it and some red flags immediately went off in my head. He told me his fire fighting friend in the town over would get me set up. I have been thinking about starting one but this was the push that sent the wheel into motion. I was called by my uncle(a fire chief)who is very well off and has been saving since he was 16 and has a lot of money, and he told me to start a Roth IRA and start putting money away into it. I apologize in advance for formatting as I’m on mobile. Here, please treat others with respect, stay on-topic, and avoid self-promotion.Īlways do your own research before acting on any information or advice that you read on Reddit. Get your financial house in order, learn how to better manage your money, and invest for your future. Banking Megathread: FDIC, NCUA, and your cash.Private communication is not safe on Reddit. ![]() Scam alert: Ignore any private messages or chat requests.
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