The 3 Biggest Concerns About Variable Annuities

Variable annuities and fixed annuities are very different creatures. Fixed annuities earn a set rate of interest for a specific time period. Variable annuities invest your funds in separate accounts (sub accounts) that invest in securities such as stocks and bonds, etc. Each separate account will offer specific investment objectives, you select the accounts that will best help you reach your goal. Here are specific points to understand before investing in variable annuities.

By |2020-08-05T22:12:49+00:00March 28th, 2020|Annuities|

Estimating The Future Can Be A Mistake Unless It Is Guaranteed

How ignorant are those who don't understand annuities and yet think they are experts A year or so ago, an article written by stockbroker, Brooks Rhys, made a clear and loud statement, “Don’t Buy Equity Linked   Annuities!” I have to laugh at the headline now; Mr. Rhys didn’t even know the correct name of [...]

By |2020-04-12T23:35:10+00:00February 20th, 2019|Annuities|

Promises And Guarantees Are Not The Same Thing

Recent update: https://www.cnbc.com/2019/01/28/woodbridge-group-ordered-to-pay-1-billion-in-penalties-for-ponzi-scheme-targeting-retail-investors.html In the old movie, The Road to Morocco, Bing Crosby and Bob Hope show their pure comedic brilliance.  One of the best parts of the movie is when they become lost in a Moroccan desert and see a mirage, the outcome is hilarious.  Of course, the illusion is not real, and they end [...]

By |2020-04-16T19:38:58+00:00February 4th, 2019|Investing|

12 B-1 Fees And Distrubution Fees In Mutual Funds

Distribution fees in mutual funds are designed to cover ongoing marketing and support cost for services provided to owners of mutual funds. Distribution fees are paid to the sales organizations that provide the clients for the mutual fund company. 12 B-1 fees are subtracted from the mutual fund owners share value. These are fees paid [...]

By |2020-04-13T17:50:01+00:00August 10th, 2018|Investing|