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Author: Helter Three stars, 500 posts Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 74815  
Subject: Re: eAnnuity Date: 10/27/1999 4:52 PM
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TTRobers replied to my Annuity questions with:

Selecting an annuity is NOT a "do-it-yourself" project which flies in the face of Motley Fool approach to things.

Do other fools agree with this?

You're seeking FREE advise and here, you'll probably get advise that is worth just about what you're paying.

I beg to differ - there are many experienced and helpful folks on here who provide excellent advice. If you feel advice on this board is worthless - why are you posting? Sorry if I took this the wrong way - do you mean just in the case of Annuity choices?

Sure, it'll cost you something (you can afford it now), but the benefit will very likely far outweigh that cost. It sounds like you're doing fine in a lot of way . . . . but may need to things more efficiently and effectively . . . ??? A good experience financial planner has the knowledge, training and experience to help you do that.

I understand that I can afford professional advice. Given my current income - by most people's standards - I can afford lots of stuff. I don't think its prudent to go out and spend simply because you can. I see it this way: I've been afforded a unique opportunity to set myself up well for the rest of my life.

Most planners, etc... will see my income and begin drooling... a young guy with this - I can make lots of fees here - I'm quite afraid of being ripped off. I like coming here for free anonymous advice because people share with no incentive for personal gain. That makes any advice I get here even more valuable.

If annuity means I have to pay for advice - forget it - I'd rather pay the taxes(the government can use the help).

Helter

PS - I do use an accountant for my business; however, I DON'T discuss personal investment with him - just my business accounting.



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