global1
(1000+ posts)
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Sat Mar-05-11 03:10 PM
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Has Anyone Checked Out "bankonyourself.com" As An Investment Tool?....... |
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The progressive radio station in my area is playing ads for www.bankonyourself.com as an investment tool for those who have lost confidence in Wall St & the Banksters. Has anyone here on DU looked into this yet? Is this legit or is it a scam?
I'm one of those that have lost confidence and I'm looking for ideas as to what to do with my money besides stuffing it in my mattress.
If anyone knows anything about this I would appreciate your review.
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MineralMan
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Sat Mar-05-11 03:35 PM
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1. Well, it's very good for insurance companies who sell whole |
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life policies. However, the actual return on those is pretty dismal, compared to other investments.
I finally liquidated mine a couple of years ago. Had I put the same money elsewhere, I would have had a much better result. The policy was essentially sold to me on false pretenses. I would have been far better off buying a term life policy and investing in other things. Far better off.
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DU
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Wed Apr 24th 2024, 02:47 PM
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