Non-Securities Licensed Peeps
Explain the Rule of 72
Divide the Rate of Return into 72 and it tells you the number of years it takes money to double
How does a Mutual Fund work?
Pool of money example...
What two types of investments do annuities give you the best benefits of while getting rid of the worst benefits?
Daily double if you can name the best and worst of each...
401k and Pension
Best: 401k - Growth Pension - Guarantee
Worst: 401k - Loss Pension - Don't own $$
What is the name of our Managed Accounts Platform
Lifetime Investment Platform.
"Lifetime"
Can you explain an investment product and how it works.
Trick question. Not compliantly. However, if you want to make a point, or make sure your trainer explains something. Ask it as a question....
What is the name of Primerica's Investment Division?
PFSI - Primerica Financial Services Investments
What are the 3 types of Annuities that Primerica markets?
Fixed, Index Linked, Variable
What is the Securities Licensed needed to get Managed Accounts Licensed?
Series 65 - They say it's like getting a finance and law degree at the same time!
Where do you go to study for your first securities license and what are the first 3 tests that allow you to get licensed for Mutual Funds?
POL/Securities Licensing/Get your License/Securities Licensing Process. SIE, Series 6 and Series 63
What is a "Platform Fund"? Name two....
Daily Double if you can explain why we want to use platform...
A fund family that Primerica services internally.
Franklin Templeton, Invesco, Fidelity, American Century, Nuveen (5 of them)
Why? Easier to service - online, PSS Call Center, & ability to use our forms!
What are our 4 Annuity Companies?
Equitable, Lincoln, Brighthouse and Corebridge
Explain the difference between Strategic and Tactical investing. (Basic explanation - don't have to get technical - we aren't all Jon!)
Strategic is a buy and hold strategy.
Tactical is making decisions to buy/sell based on market conditions.