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re: Recent Investing Trends(Past 5 years)
Posted on 4/20/13 at 4:30 pm to StrangeBrew
Posted on 4/20/13 at 4:30 pm to StrangeBrew
another trend is on annuities, a lot of the "big players" are getting creamed right now because they over extended during the good times of 06 and 07. they have too many locked in payements right now and are struggling to compete with the guys who didn't go crazy (nationwide for example)
1
Posted on 4/22/13 at 12:54 pm to roguetiger15
quote:
another trend is on annuities, a lot of the "big players" are getting creamed right now because they over extended during the good times of 06 and 07. they have too many locked in payements right now and are struggling to compete with the guys who didn't go crazy (nationwide for example)
And the marketing of annuities by "financial advisers" to unsophisticated investors via free dinners at restaurants. I know boomers who have liquidated their equity accounts and piled into
annuity products.
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