UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next
Author: UncaMikey Big red star, 1000 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 75340  
Subject: Re: Indiv. Retirement Annuity vs. IRA Date: 5/15/2001 5:42 PM
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Recommendations: 3
Just wanted some opinions and advice, how do others feel about this?

I would do what I could to get my money back and into a real IRA, spend a little bit of time researching investing, and make a note to myself to not deal with anyone who combines the words 'insurance' and 'financial planner' in their title. The guy wants his commission, and should be regarded as a salesman.

It's your money. Be careful with it. If it's a small amount, be thankful that you have been able to learn a very important lesson at relatively small cost.

There is tons of info on IRAs and retirement investing here at TMF. Take some time and read some of it.

*>UncaMikey
Post New | Post Reply | Reply Later | Create Poll . Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (7) | Ignore Thread Prev | Next

Announcements

The Retire Early Home Page
Discussion on accelerating retirement day.
Post of the Day:
Value Hounds

Medallion Financial: TAXI!
What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Community Home
Speak Your Mind, Start Your Blog, Rate Your Stocks

Community Team Fools - who are those TMF's?
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and "#1 Media Company to Work For" (BusinessInsider 2011)! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.
Advertisement