Vacation4us
Full time employment: Posting here.
- Joined
- Oct 5, 2018
- Messages
- 530
So 2 years ago the guys at my bank convinced me to sit down with them and go over their financial services offering. I did the sit down but gave them none of my funds to manage.
This week the guy I see almost every time we visit the bank called me and asked to schedule a phone appointment. I said sure I had some CD’s at another institution coming up this month and I was looking for options.
So he calls and wants to put all my money (401k & 403b) in a structured note inside an annuity.
I did some reading and it’s a hard no for me. Which I then told him yesterday while my DH and I where at the bank. Well he didn’t want to take no for answer. Really annoyed me. Kept debating the merits of the offering with me. Then made a comment that I probably wouldn’t transfer my money if they could guarantee a fixed return. Kind of implied I lacked the intelligence to make a good decision.
So do I move all my accounts, just ignore the guy? What would you do?
This week the guy I see almost every time we visit the bank called me and asked to schedule a phone appointment. I said sure I had some CD’s at another institution coming up this month and I was looking for options.
So he calls and wants to put all my money (401k & 403b) in a structured note inside an annuity.
I did some reading and it’s a hard no for me. Which I then told him yesterday while my DH and I where at the bank. Well he didn’t want to take no for answer. Really annoyed me. Kept debating the merits of the offering with me. Then made a comment that I probably wouldn’t transfer my money if they could guarantee a fixed return. Kind of implied I lacked the intelligence to make a good decision.
So do I move all my accounts, just ignore the guy? What would you do?