Annuities, Insurance, And My Soap Box
By Regarded Solutions:Not a day goes by when I do not get at least 2 or 3 annuity or insurance solicitations, many of which are offered by MetLife (MET) and Prudential Financial (PRU), just to name a couple.These are NOT investments, nor should they be confused with the world of investing in any way shape or form.Investing in a basic core portfolio of dividend-producing large-cap blue-chip stocks such as AT&T (T), General Electric (GE), Verizon (VZ), ExxonMobil (XOM), will allow you to maintain control of your finances, your future "older years", and (more than likely) greatly outperform these insurance products.
The Latest Annuity Insurance Product
The latest "product offering" is a real peach. Not only does the insurance company want your money at age 65, but they will "hold" the money for you so when you reach the age of 85, they will THEN begin paying you a monthly guaranteedComplete Story »