How safe is your fixed indexed annuity? Should you trust a fixed indexed annuity with your important retirement funds? What happens if an insurance company were to fail? These and other questions are vitally important and the answers may surprise you.
Typically Brokered CDs are long term commitments. A Brokered CD could have a term of 10 or 20 years. The value of the Brokered CD is set for the time duration offered by the bank. But the actual value of the Brokered CD changes daily based on general interest rates available to the consumer. In many ways Brokered CDs are the same as a bond, the bond will pay a specified interest rate for a specified time periods but if the bond is sold prior to maturity, the actual amount received by the bond owner may be higher or lower than the face value.
We all know that the Federal Deposit Insurance Corporation insures our bank deposits. They are safe, and they are guaranteed. We, as a nation, depend on these guarantees as to the financial backbone of our monetary system. Have you ever wondered what is not insured? Investments in stocks, bonds, mutual funds, municipal bonds or [...]
I remember well that statement being made at a financial convention years ago, the speaker followed up his announcement with this: “I just don’t know when!” It seems that the stock market is always going up, and yet his past few days something odd has happened, it has dropped, dropped like a rock. Immediately after [...]
I have been asked recently how the current volatility of the stock market will affect the interest in annuities. Of course, the obvious answer to avoid instability is to get out of the market, and most people are fearful of that. While the issue of volatility is clear, greed and desire to make more and [...]
Sleeping well is tough with the volatility of our economy The stock market is volatile. The CEOs salaries are out of control. The hedge funds are losing money. What options does that leave for the safety investors? Where can we invest our money to ensure it will not lose value? A bigger question is [...]
Noticed or not, inflation is real, and it can vary widely based on an individual’s circumstances. What can a traditionally conservative investor do to make sure their FDIC insured Certificate of Deposit keeps up with or even beats the current inflation rate?
The FDIC was created in 1933 to add stability to the failing banking industry. The concept was simple: provide guarantees for funds on deposits in member banks. Stability was necessary for the country to crawl itself out of the Great Depression. Since its inception, the FDIC and its guarantees have allowed the United States to prosper and gain confidence.
A safety net can be important when things go bad Several noted economists and distinguished investors are indicating a bumpy ride ahead for the stock market, not only in America but worldwide. Billionaire investor Carl Icahn, recently offered caution on national news when he declared, “The public is walking into a trap again as they [...]
Bank Saving Products or Insurance Company Annuities, which would you choose for your safe and secure money? Federal Reserve Vs. 10 Year US Treasury As consumers, we think of interest as interest. In fact, there are two different and distinct factors that separate banks and annuities when calculating interest on savings vehicles. Bank CD interest [...]