Friday, March 05, 2010

 

Annuity FYI Endorses FDIC Insured Equity Linked CDs as Preferable to Fixed-Indexed Annuities

Annuity FYI asserts that, for most investors, equity linked CDs are a better investment than fixed-indexed annuities. Of the equity linked CDs currently on the market, Annuity FYI experts have recommended one product in particular -- the Wells Fargo WISE US Index Equity Linked CD. For specific information on Wells Fargo's equity linked CD, see Annuity FYI's "Why We Like Wells Fargo's SGI WISE US Index Equity Linked CD."

An equity linked CD is a certificate of deposit issued by a bank where the rate of return is tied to a particular stock index, like the S&P 500(R) or DJIA(R). Equity linked CDs are insured by the FDIC to the maximum amount permitted by law, so the principal is secure...

Trading Markets: Annuity FYI Endorses FDIC Insured Equity Linked CDs as Preferable to Fixed-Indexed Annuities

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