Is primerica financial services any good?
I opened my Roth IRA about 3 years ago. The representative will ask you some questions to evaluate your market risk and your objectives. From this information, he/she will recommend some mutual funds to you. He/she must give you a prospectus, a booklet contain information about a certain mutual fund. He/she should tell you the difference between “A” shares vs “B” shares, tell you what the Letter of Intent is, the concept of Dollar Cost Averaging, sales charge breakpoints, and any other relevant information. Lately, the stock market been going down. Some people will say they lost money. But in reality, they didn’t lose or gain any money until they actually withdraw money from their investments. To me, I see this as a big advantage to the ordinary investor who is stuck with a fix income. Since price of mutual funds shares are low, people can buy more shares. I invest $333/month and I don’t know when the price of these shares will be high or low. By investing every month for a long period
