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To: Gorzaloon
I get frantic pushy high pressure calls all the time from "Wealth Management" places....actually just boiler room operations touting their in-house junk. If they even suspect you have anything left in your 401 (k), they are on you like Velcro.

Not quite as bad an experience, but as a senior with his home paid off, I am constantly bombarded by their brothers in the "reverse mortgage" business. It appears that anybody who had a nickel left is a target for some scavenger outfit.

38 posted on 09/14/2009 5:37:56 AM PDT by Oatka ("A society of sheep must in time beget a government of wolves." –Bertrand de Jouvenel)
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To: Oatka
Not quite as bad an experience, but as a senior with his home paid off, I am constantly bombarded by their brothers in the "reverse mortgage" business.

I am in the same situation as well.

The reason they are hustling these so hard right now is pending legislation to reign in their ripoff fees and prices. It's a feeding frenzy.

50 posted on 09/14/2009 6:55:59 AM PDT by Gorzaloon (Roark, Architect.)
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