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Subject:  Re: May want to re-think traditional allocations Date:  9/26/2012  5:17 PM
Author:  Rayvt Number:  70965 of 75337



Great. When you go to that site it starts playing a video, with loud audio. Right there is a marker that this is a rinky-dink operation. But, hey, doesn't EVERYBODY want their co-workers to know that they are surfing non-work-related investment sites?
And whatever else they load stalls my netbook in its tracks, so it took forever to kill it.

Between the video and the frozen scrolling (see: netbook, stalling of, above) I couldn't even see what their gimmick was.

I've never heard of "2-leg re-set indexing", but I suspect it stands for "These scamsters are going to take all my money". Google show nothing -- except for a few TMF board postings, so I suspect that my suspicion is correct. Either that or it's some standard well-known strategy that these bozos have plastered their own name on, to fool the marks.

Oh, I see from one of your (Dave's) posts that this is just the standard roll-your-own indexed annnuity. Except that instead of buying a safe T-bill or CD, you buy a junk bond. What could possibly go wrong?

Excuse me while I go throw up.

I did get a chuckle from the bit about "downside security (safety)" of junk bonds, though.