The Big Investment Mistakes Made In Retirement
Posted on February 21, 2008 - Filed Under Finance | Leave a Comment
Taking too much risk with your investment: We all want the highest interest rate possible and the lowest risk possible - unfortunately these are competing objectives. High rates always spell high risk BUT high risk does not always spell high rates. You should know that risk and reward are traveling companions: if you want low risk you’ve got to settle for low rates and if you want the chance of making high rates you’ve got to accept high risk.
Read More..>>Annuities 101
Posted on January 10, 2008 - Filed Under Business | Leave a Comment
What is a fixed annuity, a variable annuity?
Simply put, both a fixed annuity and a variable annuity are amounts payable annually. More specifically, they are contracts offered by insurance companies which allow you to accumulate funds for retirement on a tax-favored basis and then, if you choose, receive a guaranteed income payable for life or for a period certain such as five, ten or twenty years. Usually the payments are made monthly, but many companies offer to make the payments quarterly, semi-annually, or annually. Most of this discussion will focus on the fixed annuity.
How do they work?
Read More..>>Attention Annuity Salespersons - Control Your Own Destiny
Posted on January 6, 2008 - Filed Under Business | Leave a Comment
Sales organizations love to sign you up. Contracting you is one of their greatest joys and why shouldn’t it be. You do the work, you invest your money and they get the cream of the overrides. What do they invest in you…Oh yes I know….Service!
In my book, service is a synonym for greed.
Answer these questions:
• How many times have you had an annuity marketing company attempt to recruit you?
• How many telephone calls and emails do you get each week from annuity marketers?
• How many times has a marketing company offered you free leads as an incentive to contract?
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