Fixed Annuity Rate
I am 50 years old. I have $20,000 to invest. Which would you choose to do?
Keep it in CD’s (various rates around 4% and various short terms (6, 9 mos) and keep rolling it over, or a fixed annuity at 4.10 that has 100% guaranteed principal, 5 year term. No other options (I have other investments), just want opinions (plusses & minuses) for each. This money needs to be SECURE, it is part of the “safety net” I want to keep for retirement.
I have other investments, 401k, mutual funds, stock, flex annuity, ira etc. This is just 20,000 I want to keep secure. Of the TWO above (only) which do you think is better? I am not sure how safe an annuity is..
Don’t go for stocks. Since the stock market is not going so well, overseas investments would be the best choice.
Starting a small business would be the way to go if you have time.
Alternatively try to invest in someones business. You may receive up to 20% guaranteed interest a year. You will not get such high guaranteed returns on stocks, mutual funds, bonds or CD’s.
If you invest $20,000 at 20% annual interest rate, you will get back $24,000 in 1 year, $28,800 in 2 years, $34,560 in 3 years.
I run my own business and my net profit is over 5% a month (over 60% a year).
Email me at investment4us@hotmail.com and I’ll give you a valuable advice if you are serious about investing.
Best of luck!
Emergency Fund vs Fixed Annuity
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Many turning to annuities for safety to sock away case: generally used to provide for retirement, investors now like fixed rate of return and tax … An article from: Mississippi Business Journal $9.95 This digital document is an article from Mississippi Business Journal, published by Dolan Media Company on February 2, 2009. The length of the article is 721 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Many turning to annuities… |
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Fixed annuities: the opaque financial product.(Focus Annuities): An article from: National Underwriter Life & Health $5.95 This digital document is an article from National Underwriter Life & Health, published by The National Underwriter Company on October 4, 2004. The length of the article is 890 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available in your Amazon.com Digital Locker immediately after purchase. You can view it with any web brow… |
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