Friday, July 31, 2009
Risk-averse investors dive into low-rate annuities: Stop the madness!
With the stock market having handed investors massive losses -- in spite of the recent upturn -- there was a flight to security in the first quarter of 2009.
USA Today recently reported that "Fixed annuity sales jumped 74%, to $35.6 billion, the highest ever, for the three months ended March 31, the most recent data available from insurance consulting firm Limra..."
WalletPop: Risk-averse investors dive into low-rate annuities: Stop the madness!
USA Today recently reported that "Fixed annuity sales jumped 74%, to $35.6 billion, the highest ever, for the three months ended March 31, the most recent data available from insurance consulting firm Limra..."
WalletPop: Risk-averse investors dive into low-rate annuities: Stop the madness!
Permalink posted by markw @ 5:43 AM 
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