In this episode, The Annuity Man and Chuck Jaffe discuss:

• Some good examples of bad investments
• Issues with cryptocurrency
• Understanding indexed annuities
• Interest rates and inflation

Key Takeaways:

• Some investments are unjustifiable and unnecessary.
• Cryptocurrency isn't that different from gift checks, except you can actually spend gift checks. Only a handful of stores accept bitcoin payment.
• The problem with indexed annuities is that it's so difficult to explain.
• A lot of things go into calculating inflation in your own context, like taking into account your spending habits and where you are in life.

"Inflation is a very much personalized thing… you could say that inflation is not bad, but a lot of houses are having trouble with inflation because of their spending patterns and where they are at in life." — Chuck Jaffe

Connect with Chuck Jaffe:

Website: http://moneylifeshow.com/

Podcast: https://moneylifeshow.libsyn.com/

Twitter: https://twitter.com/ChuckJaffe

Connect with The Annuity Man:

Website: http://theannuityman.com/

Email: [email protected]

Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work

YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g

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