Investment Company

Saturday, October 9th, 2010 at 4:35 am

Has anyone heard of the investment company called Primerica?

Is this a scam or is this a real investment company? Has anyone out there invested any money in this company?

Primerica Financial Services is a subsidiary of Citi. They market term life insurance, home loans, debt consolidation loans, Mutual Funds, retirement plans, college plans, prepaid legal service, auto & homeowner insurance, and long term care.

As with any other company, the company has to get licenses and approvals from the state and federal government to market Investments. Independent agents are required to take the federal exam and pass it before they can talk about or solicit anything in regards to investments. Primerica is a regulated industry, so its definitely a legit company.

I personally open my Roth IRA there and I max it out every month. My agent asked me some questions to analyze my risk and from there, he recommended me what mutual funds I should invest in. My portfolio been averaging out around 13% since I first started Investing. I think that's a pretty good return.

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