Comments on: EquiPoint Receives Private Investment, Plans for Growth

By: dduck12

dduck12 — Thu, 19 Nov 2009 13:00:35 +0000

I like your colorful language, however, your viewpoint not so much. I wish you luck with some other forum, they will certainly benefit from your vast experience base and positive attitude about life and financial matters.
Your insulting manner certainly is not unique, they have some old master insulters right here.
Bye.

By: comeondude

comeondude — Thu, 19 Nov 2009 00:34:10 +0000

You are correct.I don't originate reverse mortgages anyway. I'd have to deal with cranky, whiny old codgers like the Critic all day.

Even when it's a cool old person, I not only would have to talk to them, but also their greedy, chop-licking, demons of children that not only want mom's inheritance but have an IQ of 85 and can barely spell "reverse mortgage" let alone advise mom about them. And then now some regulator is going to sniff up my rear end and make me "prove" that some lady eating a can of fancy feast for breakfast really "needs" the product?

You guys can keep your pain in the ass product, but critic, even if the counselors are really "nice" someone who doesn't make very much money has ZERO business giving anyone financial advice.

I've met lots of very caring people who gave me free unsolicited advice (throughout the last two market crashes, internet stocks first and then real estate) that - had I not recognized them for what they are - idiots - and taken their financial advice, I'd be providing for my family under an overpass. 10 years later they're still nice people, and still have no business giving out advice.

I'm sure you really care about grandma Betsy and the 5 other people you helped get a loan this year. Kudos to you.

By: dduck12

dduck12 — Wed, 18 Nov 2009 20:19:44 +0000

It sounds to me like you are both dancing around the same totem pole. Quantity of sales of a good product (after all you guys are not selling defective water heaters) is ok as is quality sales where more time may be inested in counseling the client.
I have always admired the big sellers (I was not) of appropriate insurance products since I know that most families will wind up with more security. I mean people that need the insurance, understand what it can do, and can afford it. Every time I was not able to make a sale, I felt I let the prospect down.
So, I think you are both right, if I haven't assumed to much.

By: The_Critic

The_Critic — Wed, 18 Nov 2009 07:38:57 +0000

comeondude,

You see we are in two different industries. You sell things. The vast majority of us care for seniors and as part of that care provide them with reverse mortgages. As shown in your tirade and reply, your focus is on the things and what helps you sell them. That is OK.

You made it abundantly clear what you do and what you think of others serving in this industry. Clearly it does not matter what you sell so try selling another product where your attitude might be more appreciated. Right now you are the poster child for what Senator McCaskill believes is inherently wrong with our industry.

You really need to meet some of the very dedicated counselors in this industry. They give finacial advice and do a pretty good job of it. You might be surprised what someone earning $30K per year can do if their heart is in it.

By: comeondude

comeondude — Wed, 18 Nov 2009 02:52:38 +0000

Critic,

The entire focus of my tirade was to demonstrate the idiocy of sending someone to a session of financial counseling from someone who likely has little or no money.

Caring about seniors means that you shouldn't WANT to send them to get financial advice from someone who likely hasn't gone very far in life. Un-biased or not, stupid is stupid.

PS Who do you think you are to decide who does and does not belong in "your" industry? You're a *&^$! lump of coal who has nothing better to do that bellyache on a blog all day. I'm in the selling things industry, and you belong the hell out of *MY* industry for being a time-wasting crybaby curmudgeon.