mickeyd
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
In a similar finding, only 39 percent of investors answered that tax-deferred variable annuities are most appropriate outside a qualified retirement plan.
To be sure, annuity sellers contend that the insurance features of variable annuities, including the option to receive guaranteed lifetime income, make them appropriate for qualified plans and justify the additional insurance costs. Every year since 1999, industry figures show most sales of variable annuities have been as part of qualified plans.
The last sentance in the above quote makes me ill.
Among this above-average group in terms of assets, a mere 3 percent knew that 64 percent of the historical return of stocks, as measured by the Standard & Poor's Index, has come from reinvested dividends. (Most thought the portion of returns attributed to dividends would be 33 percent or less). Only 15 percent knew that, over the past 10 years, dividend-paying stocks have outperformed nondividend payers in the index (they have, by more than 8 percent).
Who needs more proof that value investing is the key to a long term success formula?
http://www.sun-sentinel.com/business/columnists/sfl-zsave13dec13,0,1274280.column