Thursday, July 23, 2009
Variable Annuity Investors Celebrate Guarantees
Say what you will about variable annuities; they returned about 6% or more for investors in 2008 when others saw 40% or more of their holdings wiped out, The Wall Street Journal reports. In fact, they were one of the best investments of the past decade, due to their minimum guarantees... All during the bull market of the 1990s, critics assailed insurers for selling variable annuities with additional guaranteed riders. However, these guaranteed minimum variable annuities appeared to be brilliant investments in last year’s massacre...
BIC: Variable Annuity Investors Celebrate Guarantees
BIC: Variable Annuity Investors Celebrate Guarantees
Permalink posted by markw @ 4:26 AM 
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