by Structured Settlement Watchdog®
"Investing in Structured Settlements", Structured Settlements Secrets and Ezinearticle.com's shameful post by Lance Winslow VI (a/k/a Lance Ray Winslow) is a huge embarrassment for the structured settlement factoring industry. Winslow offers these "words of wisdom" to canvas investors for structured settlement factoring transactions:
"Often some derelict will be awarded some huge amount of money from a noble company due to a run away jury in a Kangaroo Court. Since many times the company paying the money out agrees on a structured over time settlement, the plaintiff of course is a lowly human and has lots of desires for riches and he has little if any cranial capacity to understand the enormous gift the courts have grated (sic.) him as our nation turns in to a socialist quagmire of re-distributing wealth to those who do not deserve it. Yes a few have been damaged and do deserve something, but usually not. If you disagree with that, you are wrong and I am right.
Now then, since these folks who are future Darwin Award Winners and probably free T-Shirt Jerry Springer guest stars have these huge structured settlements you can make some money by buying these structured settlements from them. For instance if a man receives a 10 million dollar settlement over ten year (sic.), he will receive 1 million per year. But he may want all the money now instead so he can go buy stuff? So you may be able to give him 6 million in cash now and you get the 10 million over ten years. This means you get a 40% return guaranteed over the next ten years. Now then such an investment is not as good as others in that your annual rate of return is only 4% and many of us know that in the stock market over time we have seen 7.7% annual returns. But it is something to think about. Now then, what if some one receives 1.2 million over 5 years and you give them 500,000 in advance? Now things are looking a lot better aren’t they? Any way think on this."
Lance Winslow, of Team Wash Guys and the snooty founder of Car Wash Guys, a chain of mobile car washes, is known for such articles as "Robot Dogs in Kennels" and claims blue blood ancestry to the American Mayflower and beyond. His personal website is listed on ezinearticles.com as www.worldthinktank.net. ("WTT") Part of the mission statement of WTT is that " we must use all of our brain power". Obviously Mr. Winslow has not used all of his! Nor has he worked with the survivors of an air crash, the surviving family members of someone who died as a result of the events on 9-11-2001 or a person rendered paraplegic (or worse) by the senseless decision of another to get behind the wheel of a motor vehicle or helm of a boat and operate while drunk or impaired.
Surely Winslow wrote this article for an unnamed factoring company. Clearly their game has been exposed. Imagine a poor injury victim, trying to doing their own research, getting sucked into visiting the Structured Settlement Secrets website (by the marketing value of the name) and then bruising heavily from Winslow's cruel piece. This is all the more reason to question whether you should enter into a structured settlement factoring transaction to sell your rights to receive future periodic payments.