Primerica

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alkemyst

No Lifer
Feb 13, 2001
83,769
19
81
Originally posted by: SP33Demon
Originally posted by: waggy
no.
Some supporting facts, documentation, websites, or anecdotal evidence would be nice. ;)

since he is your 'friend' have him prove what he makes still after getting those he knew to buy first.

I sat in one of these spiels and had the 'head honcho' call for months. They want you to sell to your friends and family before you get any leads (if ever).

These kinds of things people do buy, but it's true hardcore cold call sales once your nest egg is used up.

Also their products are not very competitive.

The thing that is funny is we have a few 'bases' here, many of these recruiter types talk how they make these big bucks but are driving in beaters and in rented suits/tuxes more than likely.
 

alkemyst

No Lifer
Feb 13, 2001
83,769
19
81
Originally posted by: Jadow
not really a pyramid scheme. After college when I was looking for jobs, I interviewed with them. They basically recruit you to sell whole life insurance and lousy high fee mutual funds. After college I was more idealistic and not interested in signing up because of the "sleaze" factor. I had some reservations about selling garbage financial products. Now, it sounds like a good way to make some dough on the side.

IT IS A PYRAMID SCHEME! To fund that dead weight is why things are more pricey.