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http://boards.fool.com/sell-out-annuities-buy-stocks-11704725.aspx
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| Subject: Sell Out Annuities, Buy Stocks? | Date: 12/23/1999 11:26 PM | |
| Author: FoolForGod | Number: 16829 of 72278 | |
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I'm 38 years old and I have roughly $23,000 in an annuity that I haven't contributed to for several years. It just keeps growing at about 12-15% per year. About a year and a half ago, I began investing with $4000 from the sale of a house and put in another $800 or so. Now that account is over $8500. My Question: Should I take the money out of the annuity and put it to better use out here in the "foolish" world? What are the pros and cons? |
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