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No. of Recommendations: 4
Never have understood why people buy annuities. We've had AT&T stock for years. Pays a nice 5% or more every year, with quarterly payments, and not apt to go anywhere. I also like BGS (B&G Foods), which pays that and more.

There are also Fidelity (and other) mutual funds that pay very dependable dividends. You can always sell all or parts of these, or add more.

So why tie up money in an annuity? Wondering...

Vermonter
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