Rich_by_the_Bay
Moderator Emeritus
d said:... which also means that had you "invested" a month and a half ago you would have been screwed out of 4.6% ... for the duration of the annuity.
The smarter strategy is to DCA into annuities by purchasing portions as separate contracts over a year or two. No different from equities - rarely pays to try timing the market. If you DCA among several different companies, it also minimized the risk of business failure.