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Old 03-07-2013, 10:17 AM   #41
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I wish I could but I can't discuss details publicly, it's against SEC rules, which is why I only offer to friends and family. .
There is an SEC rule that allows one to discuss with friends and family but not the public? this doesn't sound right.
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Old 03-07-2013, 10:18 AM   #42
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,
Wow the negativity is appalling...
Only if you lack a sense of humor...
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Old 03-07-2013, 10:27 AM   #43
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There is an SEC rule that allows one to discuss with friends and family but not the public? this doesn't sound right.

Small Business and the SEC

"Non-public offering (private placement) exemption, Section 4(a)(2) of the Securities Act"


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Only if you lack a sense of humor...
And yes, I'm at w*rk so it's understandable. Otherwise, I'm really easy-going light-hearted guy who loves to laugh.
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Old 03-07-2013, 03:12 PM   #44
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Small Business and the SEC

"Non-public offering (private placement) exemption, Section 4(a)(2) of the Securities Act"
Thanks I did not know about this. I learned something new.

But if you can't discuss the details, why even bring it up?
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Old 03-07-2013, 04:57 PM   #45
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Thanks for the suggestion, but I was hoping to retire early(before 65). I am willing to listen to more aggressive investing ideas.
Hence my extreme aversion to tying up needed money in inflexible products like SPIA's.
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Old 03-07-2013, 05:03 PM   #46
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From my probably biased POV, SPIAs are for old folks with marginal financing of their retirements. But, it takes all kinds ot make a world, doesn't it?

Ha
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