i was wondering if anyone had any info about them.it seems its just like getting a stock directly from a company rather than going through a broker.then they pay u dividends and if u reinvest them in the company and keep putting more of your own capitol into it then u can earn substantially more than a 401k plan.theres even a company in california called the dividend company which tries to give out more and more each month.
2007-09-06 12:22:39 · 1 answers · asked by Anonymous in Business & Finance ➔ Investing
It is a gimmick. They issue real high dividends to make the stock look more attractive than it is.
Here is a quote from the sales pitch:
There's a new teaser going around from a Stansberry newsletter, this time it's from the 12% Letter by Tom Dyson, and it's teasing us about a secret retirement plan they call the 801K. They've got a special report to send you called How to build a $1,000,000 Retirement with "U.S. 801(k) Plans" ... and all you need to do to find out what these 801K plans are is to try a subscription for $99.
2007-09-07 04:34:55 · answer #1 · answered by Menehune 7 · 0⤊ 0⤋