Chink in the armor of American Funds
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American Funds are great for newbies with no clue how to build a portfolio or for a veteran in a small town with no competition. I work in a metro area and a diverisified portfolio of American Funds does not set me apart from my fellow EJ rep 5 blocks up the street, let alone all the wirehouses and independents in the area. By the way, I have been reading this forum for quite a while, and B24 and Spiff seem way too intelligent to be working for EJ. Why do you stay?
Pretty much I am that guy just starting out, and it's still an image thing. As soon as I could afford it, I moved up to an older Audi A4 (3 years old on purchase). In a couple of years, I'll start replacing it every two years with a 3 year old, compact luxury sports sedan. To me, it sends the message that I like quality but I'm careful with my my money. In my town, the millionaires drive F150s and they've got no space for Hummers, BMW 7s or MB.…That’s okay for a guy just started out but a vet?
Because we're too intelligent to leave. Just kidding. It's a really long, drawn out conversation about why I stay at Jones. To keep it short, I like the company, don't want to go indy at the moment, and don't feel that moving to another b/d that isn't indy makes any sense. My guess is that unless I just get really bored with this career or EDJ makes a switch in business model that I don't agree with I'll probably retire from EDJ. When I'm 75. It'll take me that long to build up enough LP to make it worth my while. As to the cars conversation, I'm a truck guy. If I were to start over with my vehicles today I'd buy myself an quad cab F150 and a Flex for my wife. It would end up with her driving the truck and me driving the Flex. In my garage would be a 67 Mustang GTA convertible with a 390.American Funds are great for newbies with no clue how to build a portfolio or for a veteran in a small town with no competition. I work in a metro area and a diverisified portfolio of American Funds does not set me apart from my fellow EJ rep 5 blocks up the street, let alone all the wirehouses and independents in the area. By the way, I have been reading this forum for quite a while, and B24 and Spiff seem way too intelligent to be working for EJ. Why do you stay?
The argument that we shouldn’t buy flashy items is ludicrious. Buy whatever you damn well please. We cold call and door knock for a living. Anyone else want to do that?
You determine your own standard of living and if someone wants "in," by all means take the 7 and hit the pavement. There's a guy in my region who owns a 2002 BMW Z3 and he parks it behind his office. A $10,000 2002 BMW Z3 FOR GODSAKES. You've got 1 life to live, don't waste it in a Ford Taurus if you can reasonably afford the car of your dreams. We're a capitalist country, greed is good, and you want a ferrari by all means buy a damn ferrari. And park it out front you've earned it.Then you can literally roll up to the front doors during doorknocking. You wouldn't even have to get off the scooter, just hand them your brochure and off you roll to the next house. You could even add a suction-cup Edward Jones sign to the back like pizza delivery carsI say get a scooter.
[quote=mlgone]This is what I want
BMW M6. Actually in full disclosure I am in the market for a 2003 BMW M5 with like 60k miles. I figure 20K? Sweet ride [/quote] great call.great callI would love to have a 68 ram air cherry red white top convertible Firebird and or a cherry red white top convertible 63 Vet.
I think I found the winner. Around 15k (3yr old with 40,000 miles), good gas mileage, decent insurance rates, nice, but not snobishly nice.
This is my dream car. You can find a decent one around $1,000 - $3,000.
volvo_240.jpg800×498That was my first question.. I had to look at the picture twice..That is sweet. Why would you ever need to open your windshield?
I guess its a less obvious way for the stoners to dump their stash during a pull over.
Since I focus a lot on life insurance, I figure this would be a better fit than a Honda or Acura.
http://www.youtube.com/watch?v=24J-kXf8F1A&feature=player_embeddedIt gets me around and I can take some of my clients and prospects to events that I host:
[quote=Shania Twain]
I didnt want to brag.
But this is my ride.
It’s Carrol’s '66 A/C Cobra Super Snake. I picked it up at auction a few years back. [/quote]
Here is the auction.
That’s me
That final bid of $5,000,000.00 was mine
(this video will give you goose bumps)
a/c cobra super snake