In Plus episode 290 for the week of March 12, 2020, we consider whether it is a time to buy or sell given the financial market turmoil, and how to handle the emotions of seeing losses. We profile a member's portfolio and answer her question as to whether she should increase her allocation to a variable annuity. We contrast variable annuities with fixed annuities. Finally, we answer a member's question about investing in L-bonds, a debt security issued by GWG Holdings, Inc. … [Read more...]
MNY032 Plus: More On Annuities
In this week's Money For the Rest of Us Plus episode, I discuss: The difference between variable annuities, fixed annuities, index annuities, deferred income annuities and immediate annuities. Which annuities take advantage of the unique capacities of insurance companies and which don't and why it matters. Insurance companies are not investment geniuses so we should be wary when that is what they are selling. The episode length is 13 minutes. … [Read more...]