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Started By
Message
Sell
Posted on 5/4/16 at 8:47 am
Posted on 5/4/16 at 8:47 am
I have a good bit of money in annuities. Should I sell now. I have been reading about a bust and I am scared to death. Opinions please. Outside of why the f__k do you have annuities. It is for protection.
6
Posted on 5/4/16 at 9:05 am to ginms
You may want to check on the fees associated with getting out of the annuities. They can be hefty. Annuities can have some good things about them but I personally hate them and think they BS products that make it incredibly hard to get out of.
Posted on 5/4/16 at 9:15 am to ginms
So there is such thing as a stupid question....
Posted on 5/4/16 at 9:20 am to ginms
So you bought the annuities for protection, yet are scared of the impending market doom? I'll go out on a limb and guess you want to sell the annuities to buy gold, shotguns, and spam?
Posted on 5/4/16 at 11:41 am to iknowmorethanyou
There are reasons people have to do what appears as stupid as hell. But it turned out in favor of me. I know about the penalties. I just thought I would ask this stupid fricking question. Who knows what will happen but I thought maybe someone could just say yes or no it's worth hanging in there.
Posted on 5/4/16 at 11:45 am to ginms
Talk to your representative regarding the benefits offered by the annuity. Typically speaking, the fees you pay are in part associated with riders that protect your future retirement income against market losses.
Posted on 5/4/16 at 11:53 am to ginms
ginms, can you please fix your thread title? it lacks info...should contain the point of your thread
Posted on 5/4/16 at 11:56 am to Chicken
Alright alright you win I will quit and sometimes you would just like some info from somewhere else. Jesus
Posted on 5/4/16 at 12:03 pm to ginms
whoa, dude...you can't edit your thread and put a reasonable thread titie?
Posted on 5/4/16 at 12:19 pm to Chicken
Sorry, I got the message I won't post again. No problem. Thanks anyway.
Posted on 5/4/16 at 1:08 pm to Chicken
quote:
whoa, dude...you can't edit your thread and put a reasonable thread titie?
I don't think he realizes you are the mod haha...
Posted on 5/4/16 at 1:25 pm to ginms
quote:
I have been reading about a bust and I am scared to death
The market will not in our lifetime ever bust as hard as it did in 2008.
Posted on 5/4/16 at 1:31 pm to ginms
For the love of God...just edit your title!!!!!!
JUST...DO IT
This is what it could be:
"I have a good bit of money in annuities. Should I sell now?"
JUST...DO IT
This is what it could be:
"I have a good bit of money in annuities. Should I sell now?"
This post was edited on 5/4/16 at 1:33 pm
Posted on 5/4/16 at 1:39 pm to Chicken
Chicken would like you to edit the thread title so it is less vague. Vague thread titles are discouraged against on the site.
"selling an annuity" would be a much more descriptive title than "sell"
"selling an annuity" would be a much more descriptive title than "sell"
Posted on 5/4/16 at 1:51 pm to TheIndulger
quote:would still be lacking, but better than "Sell"...
"selling an annuity"
Posted on 5/5/16 at 6:38 am to ginms
Chicken has lost control of thread titles.
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