QUOTE(pinksapphire @ Jun 9 2013, 02:49 AM)
I'm not too sure if this is the right thread to ask, but I'm just gonna take a stab at it.
I have this person who keeps calling and messaging my friend, wanting to promote PB Mutual funds to him. I'm planning to tag along because he's going to finally give in and listen to what this person has to say. I'm just wondering if there's anything that we can use about this fund as a defensive way of staying away from buying anything from that agent? I know the agent's going to say the best things about it, so we wanna have some good points to use as a mean of not signing up. We've already being upfront and told the person we're not interested, yet, being aggressive and all, the agent still wants to meet up and since we're all former colleagues, we cannot totally say no after rejecting so many god damn times.
I know this funds have its own good points, so I just want to know if there's a quick summary about things that people usually say to not want to be involved?
Safest / best way to say "let me consider" / buy time?
Ask the agent:
1. What do U personally invest in?
2. Why for (1.)?
3. How for (1)? Dollar Cost Averaging, Value Cost Averaging, Trend, Lelong, combinations?
4. How long have U been investing in the above & methods?
5. What is your (agent's) total CAGR for the above?
6. Would U be able to show be the proof of returns for the above? ie. returns pa% / CAGR per transaction or per investment vehicle?
If our buddy can show/answer all the above logically
AND was not invested pre-2008 or better yet, pre-1997
AND is cocky like 'sure win one",
U know this fellow never got hit by worlwide or regionwide market crisis/meltdown. Run Forest, run!

Just a thought