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Understanding your financial goals is critical to deciding the best type of annuity for your situation. If you let greed get in your way, then it will just loosen your grip on your own peace of mind.
The thing is, annuities are not for greed; they're there to help you protect your money. Each type of annuity has its own level of risk and payout options. Your personal goals and objectives will help determine the best annuity for you. Don't use annuities for purely selfish reasons; channel your greed elsewhere because annuities and greed don't mix.
What You’ll Learn From This Episode:
[2:10] Bryan explains how quickly rates have been changing this year.
[4:43] You have to have a fair bit of economic analysis on why rates are going to be higher.
[5:50] Everybody needs to understand that there's a cost to waiting.
[8:42] As the duration gets longer and the yield gets higher, you can have more volatility in the price of a bond.
[10:23] Annuities are not for greed. You satisfy your greed in other ways. Stuff your money in a safe deal.
[10:41] Annuities are for safety; annuities are for protection; annuities are for peace of mind.
[13:19] There is a cost to waiting, and you could have gotten it in less time.
Key Quotes:
[2:30] "The way people are chasing rates this year, it seems like we're kind of chasing the stock market."
[4:36] "Just because you want it to be so, it may not be so."
Resources:
Annuity Newsletter
Call Annuity Straight Talk at 800-438-5121 or schedule a call at AnnuityStraightTalk.com
3.8
1010 ratings
Understanding your financial goals is critical to deciding the best type of annuity for your situation. If you let greed get in your way, then it will just loosen your grip on your own peace of mind.
The thing is, annuities are not for greed; they're there to help you protect your money. Each type of annuity has its own level of risk and payout options. Your personal goals and objectives will help determine the best annuity for you. Don't use annuities for purely selfish reasons; channel your greed elsewhere because annuities and greed don't mix.
What You’ll Learn From This Episode:
[2:10] Bryan explains how quickly rates have been changing this year.
[4:43] You have to have a fair bit of economic analysis on why rates are going to be higher.
[5:50] Everybody needs to understand that there's a cost to waiting.
[8:42] As the duration gets longer and the yield gets higher, you can have more volatility in the price of a bond.
[10:23] Annuities are not for greed. You satisfy your greed in other ways. Stuff your money in a safe deal.
[10:41] Annuities are for safety; annuities are for protection; annuities are for peace of mind.
[13:19] There is a cost to waiting, and you could have gotten it in less time.
Key Quotes:
[2:30] "The way people are chasing rates this year, it seems like we're kind of chasing the stock market."
[4:36] "Just because you want it to be so, it may not be so."
Resources:
Annuity Newsletter
Call Annuity Straight Talk at 800-438-5121 or schedule a call at AnnuityStraightTalk.com
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