Are free dinners the same as free lunches?

Almost DailyBrett is simply amazed by the sheer volume of invitations received every day since the onset of his retirement.

There are annoying robocalls, carnivorous telemarketers, “personal” letters, informational packets, not to mention a slew of digital and broadcast ads.

Dinner for two at the nicest places in town … free of charge.

New “friends” wanting to lend a helping hand in managing your author’s investments, providing a swell place to take vacations year-after-year, distributing retirement savings or taking over residential equity and kicking-back crumbs month-after-month.

Why does one need a middle-man for your own retirement nest egg?

There is a thriving industry to provide Almost DailyBrett and everyone else with a spiffy “vacation club,” spending quality time annually with family (assumes one wants to spend more time with family).

“You deserve it.” How do you know?

Conversely, there is reciprocal industry to extract (for a fee) pigeons from foolish time-share contracts.

Too much time with the family? Too good to be true? Didn’t read the contract? It must suck to be you. Only we can help.

Buy a time-share, get out of a time-share … either way the Land Sharks win and you lose.

Somebody is making money and sad to say, it’s the salesmen/saleswomen.

These apex predators all have the gift of gab with wonderful smiles and they are all well dressed, hiding their dorsal fins.

They have a deal … such as deal … for you.

Their basic proven strategy: Get your derriere into a comfy seat with a nice drink (or two or three … ) and soon it will be time for the contracts … time share, annuity, reverse mortgage … all waiting to be signed.

Just affix your signature right here on the bottom line … muther sucker.

“Die And Go To Hell”

“We don’t sell annuities. I would die and go to hell before I would sell an annuity.” — Ken Fisher of Fisher Investments’ 60-second advertisement

Can’t forget the image of Leonard DiCaprio giving the middle finger to a vacillating on-the-phone investor in Martin Scorsese’s over-the-top plethora of gratuitous F-bombs, drugs and skin: The Wolf of Wall Street.

What value to society is created by time-shares, annuities, reverse mortgage sales dudes and sales dudettes?

Do they really care about their clients? 

As we grow more mature, there seems to be a mindset that retirees in their sixties … let alone older … are losing it upstairs. They are ripe for exploitation.

It seems that new friends are popping up here, there and everywhere. They are always ready to help. Trust us.

Almost DailyBrett detests the hard sell. The harder the push, the greater the personal resistance.

Your author gravitates to proven friends. A prime example is Charles Schwab, which has managed my retail investment portfolio for a generation.

Is publicly traded Charles Schwab (NYSE: SCHW) intrinsically interested in driving the top and bottom lines, consistent with its fiduciary responsibility to investors? Absolutely.

Schwab’s core business … providing a low-cost trading platform (e.g., $4.95 for equity, mutual fund and bond transactions) … may be a tad boring and predictable, but the client is provided with real shareholder value.

Didn’t CNBC’s Mad Money with Jim Cramer write a book entitled, “Get Rich, Carefully?”

Does anyone think he or she is going to get rich carefully with a time share, annuity or reverse mortgage?

Didn’t think so.

https://almostdailybrett.wordpress.com/2017/05/16/hasta-la-vista-to-timeshares-annuities-and-reverse-mortgages/

https://almostdailybrett.wordpress.com/2018/07/14/has-it-come-to-this-tom-selleck-and-henry-winkler/

https://almostdailybrett.wordpress.com/2013/12/26/506-f-bombs/

https://www.consumeraffairs.com/news/timeshare-salesman-says-he-lied-for-a-living-062615.html

https://www.cnbc.com/mad-money/