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Author: vkg Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1498  
Subject: Re: Annuities for mother in law Date: 10/1/2007 11:25 PM
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<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. 

Debra

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