Equity Indexed Annuities

What do you like / dislike about the rate fixed annuities – sometimes called Equity Index Annuities?

They are a product wonderful to sell to a customer because it pays a nice commission. They are a product too awful to buy a client because, as an investment that completely suck. Why Why not buy the index and actually make some money? If you are looking for "security", put your money in a box under the bed. (Incidentally, you may lose money in an annuity, stock index … see link) Unless 96 years of age and wish to use the dollars of his last years to generate returns almost certain to pay the gas bill, these tools are just dumb. (They also often are fraudulent, see second link)

Forewarned is Forearmed: How to Purchase an Annuity (or not) That You Will Never Regret!

Related posts:

1. Equity Indexed Annuity
2. Fixed Indexed Annuity
3. Equity Index Annuities
4. Index Equity Annuity
5. Fixed Indexed Annuities

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