Message Font: Serif | Sans-Serif
UnThreaded | Threaded | Whole Thread (17) | Ignore Thread Prev | Next
Author: intercst Big funky green star, 20000 posts Top Favorite Fools Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 20131  
Subject: Re: annuities Date: 4/14/1999 12:04 PM
Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Recommendations: 0
PeppermintPatty wrote,

Your point is well made! Under that circumstance the benefit is clear & meaningful. My point,
however, pertained more to purchase of mutual funds rather than direct stock purchase - the
small/beginning investor lacks sufficient capital to enjoy reduced brokerage fees & diversify

Excellent point! I agree that mutual funds (low fee index funds, that is) are appropriate for individuals with less than $100,000 to invest. Once you get above $100,000, there are significant commission savings in buying a diversified portfolio of common stocks through a discount broker.

Also, let me compliment you on your courteous discussion of annuities and VUL (variable universal life). While few Fools would have anything to do with these products, we certainly welcome your comments. And, who knows, maybe at some time in the future fees and expenses on these things will be reduced to the point that even a Fool might consider one.


Post New | Post Reply | Reply Later | Create Poll Report this Post | Recommend it!
Print the post  
UnThreaded | Threaded | Whole Thread (17) | Ignore Thread Prev | Next


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 Glassdoor #1 Company to Work For 2015! 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.