The Motley Fool Discussion Boards

Previous Page

Learning to Invest / Portfolio Management


Subject:  Re: How do I know if an annunity is the right on Date:  4/11/2012  3:58 PM
Author:  skew9 Number:  6645 of 6911

i concur with bob. annuities serve a specific need. however when you really break them down and extrapolate a tangible rate of return on your principal money being put in, it is inferior at best and at worst will underperform. also you need to look at specifically who is backing the annuity in your particular state. does not matter if it says prudential on the cover page of the folder. dig in deep into the paperwork and you will be surprised at what you find.
Copyright 1996-2018 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us