Variable Annuities

You know all the articles you read about annuities that have extremely high fees? And the ones that people lose a lot of money in? Well, these are better known as variable annuities. yes, they do have some advantages. They do offer market upside potential, have a guaranteed death benefit, and offer tax deferral...but they have a lot of downside also.

Now don't get me wrong...I am an annuity advocate for the right situation and for the right candidates...but I am wildly opposed to variable annuities in MOST situations. For starters they have high fees. Over time, the market may average 8-10% but if you look at the fees, ranging anywhere from 2-5%, then your returns start to look pretty dismal. I mean for the amount of risk you take, it is often not worth it.

The other problem I have with variable annuities is that they have too many bells and whistles that are often deceiving and extremely costly. One of these "features" is the living benefit. I marvel at the fact of how many agents propose the living benefit and can't explain to their clients how they really work...(or won't because when you understand it, you find out it's really not a great feature at all). So for the most part, I think variable annuities don't offer enough to justify purchasing them.

So is there a good situation where variable annuities would be appropriate? Well, there may be...And I suppose you want to know what those situations might be? Well, for that, you will have to get it from the book...What book? It is called Annuities: The Shocking Truths Revealed--found at http://www.AnnuityMD.com. It is an in depth look at the different types of annuities, what they can and can't do, how people make mistakes when they buy annuities, and what they can do to avoid them. You think that's valuable? It sure is. And I don't hold back...It is the truth and nothing but the truth. It talks about all the hidden truths that nobody ever tells you about annuities...especially when they are trying to sell you one. You may think education is expensive, but try ignorance..there's no comparison. Because remember...

Ignorance is not bliss...

Tony Bahu is the author of the controversial document, 'Annuities: The Shocking Truths Revealed', which reveals the secrets that the banks and insurance companies don't want you to know.

For more information on his document, visit the site below right now!

http://www.AnnuityMD.com

---

Discover the Foundation of Retiring Wealthy - The IRA!

Let me tell you about some legal ways to avoid... Read More

Easily Finding A Good Stock

There is a tremendous amount of software, complicated high priced... Read More

New U.S. Mint Coins a Golden Opportunity

In April, the U.S. Mint revealed plans to strike in... Read More

Overbought/Oversold

Has your broker ever told you that a stock is... Read More

Options Made Easy and Investor Education - Simple Enough for a 10 yr Old Kid

How many of you out there think that the market... Read More

It?s Not the Size of Your Bank Account

You might think that if you win the lottery or... Read More

HYIPs Investments or Scams?

High Yield Investment Programs (HYIPs) appear at first to be... Read More

Is Starting A Business For Me? What To Consider Before Starting A Business

Do you have the right temperament?Starting a small business is... Read More

Before You Start Investing

There maybe several reasons why you to want to invest... Read More

Creating a Financial Future - Putting Your Plan Into Action Part 1

This column has previously discussed "picturing the future that we... Read More

Mutual Fund Selection Made Simple By Indexing!

Non-indexed mutual funds try to keep it secret that actively... Read More

Remembering TEOTWAWKI and Learning from It

Its only been about 5 years since we had major... Read More

An Economical Retirement Investment Plan

The practice of economy, directed toward a retirement investment plan... Read More

Asset Allocation Lessons: The 70% Inflation Solution

For investors only... and for speculators who need to invest... Read More

The Demise of Buy & Hold

Based on consistent results I think Buy & Hold should... Read More

Why Should I Use Penny Shares to Build Wealth?

A strategic question. Why indeed?1. A penny share would usually... Read More

The Economy Is Not The Stock Market

Several days ago, the Commerce Department reported that May's factory... Read More

Basic Options Terms

Options are good investing and speculative instruments. But options terminology... Read More

The Differences Betweeen the Wealthy and Everyone Else

I recently received an e-mail from a young lady who... Read More

Online Trading Options Strategies - Rolling

Rolling is defined in options online trading as moving a... Read More

When Its Too Late to Save for Retirement

You are 55 years old (or somewhere around there) and... Read More

It Is Never Too Early To Start A Roth IRA!

The Roth is kind of weird until you get used... Read More

Introduction To FOREX

The Foreign Exchange Market, better known as FOREX, is a... Read More

Retire Dollar Smart

Jim Miller is a registered investment advisor. This means that... Read More

Why the Rich Keep Getting Richer

Rich people: fortunate, lucky, selfish, and arrogant? Or highly educated,... Read More

The American Age of Inflation is Over

"The American Age of Inflation is finished." So says economist... Read More

To Retire Rich, Save and Invest Early

If you want to retire rich, start saving investing early.... Read More

Asset Location ? Increase Investing Returns & Reduce Your Taxes

Location ? Once the holy grail only for real estate... Read More

Asset Allocation: Critical to Your Investment Success

Asset allocation is a critical component of investing success. Both... Read More

Investing for Retirement - Not an All or Nothing Play

In 1519, Hernando Cortes, beached on the shores of unexplored... Read More

Preholiday Trading

The Light Crude Continuous Contract closed at $66.13 a barrel... Read More

Investing & Online Stock & Share Trading: Money & Risk Management - Atkinson Portfolio Planner (1)

This article was originally featured in Daryl Guppy's 'Tutorials in... Read More

The Biggest Oil Opportunity in the World ? And How You Can Profit From It

Where is the second biggest deposit of oil reserves in... Read More