Variable Annuities

You know all the articles you read about annuities that have extremely high fees? And the ones that people lose a lot of money in? Well, these are better known as variable annuities. yes, they do have some advantages. They do offer market upside potential, have a guaranteed death benefit, and offer tax deferral...but they have a lot of downside also.

Now don't get me wrong...I am an annuity advocate for the right situation and for the right candidates...but I am wildly opposed to variable annuities in MOST situations. For starters they have high fees. Over time, the market may average 8-10% but if you look at the fees, ranging anywhere from 2-5%, then your returns start to look pretty dismal. I mean for the amount of risk you take, it is often not worth it.

The other problem I have with variable annuities is that they have too many bells and whistles that are often deceiving and extremely costly. One of these "features" is the living benefit. I marvel at the fact of how many agents propose the living benefit and can't explain to their clients how they really work...(or won't because when you understand it, you find out it's really not a great feature at all). So for the most part, I think variable annuities don't offer enough to justify purchasing them.

So is there a good situation where variable annuities would be appropriate? Well, there may be...And I suppose you want to know what those situations might be? Well, for that, you will have to get it from the book...What book? It is called Annuities: The Shocking Truths Revealed--found at http://www.AnnuityMD.com. It is an in depth look at the different types of annuities, what they can and can't do, how people make mistakes when they buy annuities, and what they can do to avoid them. You think that's valuable? It sure is. And I don't hold back...It is the truth and nothing but the truth. It talks about all the hidden truths that nobody ever tells you about annuities...especially when they are trying to sell you one. You may think education is expensive, but try ignorance..there's no comparison. Because remember...

Ignorance is not bliss...

Tony Bahu is the author of the controversial document, 'Annuities: The Shocking Truths Revealed', which reveals the secrets that the banks and insurance companies don't want you to know.

For more information on his document, visit the site below right now!

http://www.AnnuityMD.com

Latest News


guardian.co.uk

Microsoft's Ballmer to CES: keep investing in tech despite ...
Scientific American - 10 hours ago
Las Vegas , NEV. -- In his first ever CES keynote, Microsoft CEO Steve Ballmer yesterday acknowledged the tough economic times, but urged companies not to ...
Microsoft: the year ahead ComputerWeekly.com
Microsoft releases Windows Server 2008 R2 beta VNUNet.com
Windows 7 beta available worldwide on Friday AFP
TechFlash - G4 TV
all 1,247 news articles

The Money Times

The Best Investment Values in a Decade
Motley Fool - 9 hours ago
These days, we're presented with what Ron Muhlenkamp a few months ago called "the best investment values we've seen in a decade." Obviously, the market has ...
You Are About to Make a Bad Investment Motley Fool
The Flight to Safety Could Burn You Motley Fool
Wednesday's Biggest Stock Stars Motley Fool
Motley Fool - Motley Fool
all 146 news articles

Wealth Bulletin

How to avoid a Madoff fund
San Francisco Chronicle,  USA - 1 hour ago
Feeder-funds (hedge funds or funds that do all their investing through another fund) and funds-of- funds sold investment services to individuals, ...
The Financial Services Industry’s Free Lunch Asia Sentinel
Fund-of-Hedge Funds Lacked Technology to Avoid Madoff Losses Advanced Trading
D Bank declined offers to invest with Madoff Financial Times
all 13 news articles

Dividend.com

Billionaire investor places next supermarket bet
MarketWatch - 5 hours ago
Yucaipa's investment funds have been aggressive buyers of Whole Foods shares since Nov. 24, spending a net $98 million to amass the stake. ...
Activist shareholder buys 7 percent stake in Whole Foods Austin American-Statesman
Billionaire investor Burkle bets on Whole Foods MarketWatch
all 22 news articles

Thomas, McNerney & Partners Promotes Three Members of Its ...
PR Newswire (press release), NY - 7 hours ago
Thomas, McNerney & Partners is a health care venture capital firm with approximately $600 million under management, focused on investing in life science and ...

US investment in IT would create jobs, group says
ITworld.com, MA - Jan 7, 2009
by Grant Gross A US$30 billion investment by the US government in broadband, health IT and smart energy grids would create or retain nearly a million jobs, ...
New ITIF Report Documents How $30 Billion IT Stimulus Package ... eGov monitor
$30B IT Stimulus Will Create Almost 1 Million Jobs Slashdot
all 32 news articles

Invesco Fund Loss Stirs Investor Fears
Wall Street Journal - 27 minutes ago
By DIYA GULLAPALLI 'Stable-value" investment funds have been one of the last havens in employee-retirement accounts. But one, advised by money manager ...

Appleseed Fund Ranked by Lipper as Top Performing Midcap Value ...
CNNMoney.com - 12 hours ago
"Since the Appleseed Fund's inception, we've shown it's possible to outperform the market by investing in companies with strong sustainability records and ...

New T. Rowe Price mutual fund eyes global investment
Bizjournals.com, NC - Jan 7, 2009
T. Rowe Price Group Inc. is launching a new mutual fund seeking reward amid the risks of global fixed-income investing. The Strategic Income Fund will ...

Telegraph.co.uk

Learning from Madoff's Ponzi scheme
WKOW-TV.com, WI - 7 hours ago
Another important lesson from the Madoff Ponzi scandal is that investing money successfully also requires some homework on your part. "If you're investing ...
Video: Congress Sounds Off Against SEC in Madoff Affair AssociatedPress
Congress Demands SEC Speed Madoff Inquiry to Improve Oversight Bloomberg
Re-defining Risk: 5 Investment Rules for 2009 Midas Letter
BusinessWeek - Chicago Tribune
all 2,717 news articles

Resources