Financial Annuities in Mexico

Agreed! My advisor is also a big buy and hold guy especially with the established stocks that pay regular dividends.

Dividends Don't Lie! Every other numeric statistic that is published by the company or the financial media is suspect except for one, the dividend. Why? Because they wrote you a check for that amount. (Well, they don't write checks anymore. It's all electronic but you get the idea.)

Any of the consumer financial products that promise a "guaranteed return" I tend to look at in the same light as extended auto warranties and reverse mortgages.

Excellent analogy!

(I will never forgive him though, for talking me out of buying Tesla when it IPO'd)

Hindsight is 20/20, Sir. However, would you have had the stomach to hang on as the stock regularly bounced between $350 and $200? Then would you have held on during the "production hell" when they were ramping up production of the Model 3. Although we did not know the full extent of the financial peril they were in, it was evident Tesla was just hangin' on for dear life. We learned later on that they were only 3 weeks from bankruptcy. I love regular dividends. They help me sleep at night.