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Subject:  Re: Annuities for mother in law Date:  10/1/2007  11:25 PM
Author:  vkg Number:  1104 of 1845

<i> She invested 50k and it is now worth 60k. </i>

A CD would give her better returns and be FDIC insured.  20% over 7yr  (less than 3% a year without compounding) is very low return for a high risk investment.  The advisor that put her in it maybe making more than she is off the investment. 


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