The strategies behind some investment products seem designed to make them so mysterious that a lay person has difficulty assessing their potential for returns.
Among their attractions for insurance agents: high commissions and bonuses that have included beach vacations and cruises. How much do savers stand to lose? Consider one product that a major insurance company marketed to me: a 10-year annuity linked to the S&P 500 Index. Based on this annuity’s formula and the price at which it was offered, a client would have foregone on average an estimated $54,000 in profit per $100,000 invested over any 10-year period going back to 1989. That’s compared with a simple combination of U.S.
Fixed indexed annuities are not loaded with fine print and most offer free lifetime benefit riders that guarantee income for life. Annuities have 'taken' off after the crash in 08 because clients needed safety and not risk of losing everything with no time to recover.
Years ago democrats abandoned our Constitution and laws.
Haha. If you’re so stupid to be conned into a bad investment product it’s your own fault. Don’t do business with disreputable companies
Just another way in which the Big investment firms reap the rewards of Trump's Presidency. It doesn't benefit the little guy that voted for him. Quite the opposite!
He’s killing everything! He’s worse than a train going off the tracks, The worse is not what we are able to see. It’s all the shenanigans he’s doing behind close doors 🚪 That will truly cripple and destroy the American we once knew.😢🇺🇸
Terrible and misleading ARTICLE. There's no tax deferral on the Treasury + index fund alternative strategy. People pay for convenience and simplicity, as with everything. Fiduciary Rule hurt more people than it helped. BTW, I hate Trump....but he was right in this situation.
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Source: BusinessInsider - 🏆 729. / 51 Read more »