pb4uski
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
Reasonable deal methinks, but just know if you need that $100k in the next 3 years then you'll only be able to access 10% each year without a substantial surrender penalty (similar to an early withdrawal penalty on a bank CD).Thanks Montecfo,
As you can see, I am still learning the ropes of fixed income, finally gradually getting out of long held BND after being bruised .
Anyway --
I see a 3 yr MYGA, a deferred Annuity at 5% at Fidelity by USAA a A++ company as usually all companies at Fidelity are, I am pretty sure I will not NEED the money for 3 yrs.
Where as a 1 yr CD is at around 4.2%, does not get much higher at 3 yrs.
I am looking to invest just $100k, much lower than the $250k Annuity guarantee limit.
What do you guys think ? any thoughts ......
Meanwhile, with a CD or Treasury you can sell at any time without penalty.
If you can live with that constraint then it's a contender.