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Article - Annuities: Good, Bad, or Ugly?
06-04-2010, 12:36 PM
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#1
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Moderator Emeritus
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Article - Annuities: Good, Bad, or Ugly?
Mel Lindauer of Bogleheads fame has started a six article series on annuities in his "The Bogleheads View" column at Forbes.
Annuities: Good, Bad Or Ugly? - Forbes.com
The first article gets into the basics, "What is an annuity?", kinds of annuities, fees associated with annuities, and the wonders of variable annuities.
This looks to be a keeper!
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06-04-2010, 12:39 PM
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#2
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Moderator
Join Date: Oct 2005
Location: Texas
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From the article:
 Quote:
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Frequently, when annuities are being discussed, insurance agents show up on the forum to defend their annuity products.
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No, that never happens......
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"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
RIP to Reemy, my avatar dog (2003 - 9/16/2017)
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06-04-2010, 01:05 PM
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#3
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Give me a museum and I'll fill it. (Picasso)
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He had a lot of false facts in the article, I think he is confusing VAs with EIA's..........
I don't know of any VAs that have 15 year surrender periods, but I digress.......... 
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06-04-2010, 03:01 PM
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#4
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Give me a museum and I'll fill it. (Picasso)
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Yes, I have achieved work / life balance.
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06-04-2010, 03:32 PM
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#5
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Moderator Emeritus
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Quote:
Originally Posted by FinanceDude
He had a lot of false facts in the article, I think he is confusing VAs with EIA's..........
I don't know of any VAs that have 15 year surrender periods, but I digress.......... |
No comments on the Forbes article yet, but The Usual Suspects are posting followups on the thread Mel started at bogleheads.org.
Bogleheads :: View topic - Mel's Forbes Series on Annuities - Part 1 of 6
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