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http://boards.fool.com/razuli-you-said-quotthe-account-is-an-indexed-12356587.aspx
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| Subject: Re: tranfer annuity ? | Date: 4/6/2000 11:27 PM | |
| Author: peppermintpatty | Number: 3438 of 18403 | |
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razuli - You said: "The account is an indexed annunity that grows at 3% until it matures in 2004 At the date of maturity it is credited with 100% of the average of the Weekly S&P 500 during 13 weeks prior to the date of maturity. This sounded good when I bought it but now I know that it would be better if the money was compounding over the life of the seven years." I would tend to agree with you... 3% over 5 years & then a bonus is not what I'd prefer! Best wishes, PP |
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