Annuity Owner Mistakes
Okay, so I can tell you I have sat in front of countless numbers of people who have made mistakes when purchasing and owning annuities. And I have visited people who wish they never got involved in an annuity. And I have seen people who say that their annuity is their worst nightmare...So what is it that makes the annuity such a bad thing for some people and such a great vehicle for others??? Well I am about to tell you...and it all goes back to the annuity owners biggest MISTAKE. Yes, not mistakes but mistake.
Let me explain to you. Most annuity and insurance agents out there have what is called their "best product." IT is the product that can supposedly solve every investment need for any investor. And they make it sound so good that when someone is shopping for annuities, they ask the salesperson, "what is the best annuity?" and this is the biggest mistake. For all you know, the best annuity to the salesperson may be the one that pays the best commission to him. This question gets more people in trouble than any other question in the investment world...
"What is the best ____________ (annuity, stock, mutual fund, etc)? Like I say all the time, there is no best investment because everyone's needs are different. Each investment has it's own benefits which have to be matched to an investor's needs.
So in essence, the biggest mistake is searching for the "best" investmtent. So how do you avoid the annuity owner's biggest mistake? By asking a better question? The best question is "What is the best investment FOR ME?" That question is totally different. You see, to further elaborate, the biggest mistake involves not doing your homework. When you don't do your homework and you look for the "best" investment, you will probably end up with something that you don't want. By doing your homework, you can figure out what you DO want and what you DON'T want. And when a salesperson presents something to you, you can quickly see if it fits your needs or not. If it does not, then the salesperson probably didn't do his job.
One tool to assist you in this search is the book, "Annuities: The Shocking Truths Revealed" which can be found at http://www.AnnuityMD.com. Yes, you guessed it; it is not free. But it is valuable. It not only tells you what annuities can and cannot do, it gives you the right questions to ask your agent. It helps you avoid all of the annuity owner mistakes that are made. This is because it tells you everything the agnets, banks, and insurance companies don't. And it revolves around the premise of doing your homework so an annuity doesn't become your worst nightmare.
The bottom liine is, always ask, "what is the best annuity for me?" And if the salesperson starts shooting out answers without asking you about your situation, then run...run and find another person. And before they ask you about your situation, it's a good idea to know your own situation. The more you can help a GOOD salesperson, the more they can help you. And remember, there is no "best investment." There is only a best investment for each person relative to their situation and their needs. And please remember...
Ignorance is not bliss...
Tony Bahu is the author of the controversial document, 'Annuities: The Shocking Truths Revealed', which reveals the secrets that the banks and insurance companies don't want you to know.
For more information on his document, visit the site below right now!
 Google News Updated : Sun, 20 Jul 2008 00:45:55 GMT US banks ask SEC to expand stock trade protection - Reuters
Reuters - By John Poirier WASHINGTON (Reuters) - An emergency move by US securities regulators this week aimed at curbing manipulative short-selling in some major financial firms should be expanded to all publicly traded banks, or it could erode confidence in ... SEC Short-Sale Rule Gets Negative Reviews SEC Spares Market Makers From `Naked-Short' Sales Ban (Update1) Publ.Date : Sat, 19 Jul 2008 17:02:49 GMT Growth ahead for more diversified game industry - Reuters
Reuters - By Kiyoshi Takenaka - Analysis LOS ANGELES (Reuters) - The video game industry looks set for at least another year or two of strong growth, driven by geographical expansion, a strong hardware lineup and growing pool of casual gamers, ... Nintendo Wii Tops for Console Sales in June Sony's press conference at E3 was a dazzling hi-tech showcase Publ.Date : Fri, 18 Jul 2008 12:07:32 GMT What's the best Oscar strategy for Heath Ledger in 'The Dark Knight'? - Los Angeles Times
Los Angeles Times - That's a tricky Oscar question. On one hand you might think Heath Ledger should go supporting because, technically speaking, "The Dark Knight" is a film about Batman. Heath is where the heart is 'Dark Knight' sets box office record with $66.4M Publ.Date : Sat, 19 Jul 2008 23:18:18 GMT Venture Funding Drops for Youngest Companies As Older Ones Suck Up ... - New York Times
New York Times - By Abha Bhattarai In an ominous sign for Silicon Valley’s entrepreneurial machine, venture capital firms are cutting back on their investments in companies at their earliest stage of development and being forced to provide extra funding for later-stage ... VC Deals In Charts (Q2 2008)?Exits? We Don't Need No Stinkin' Exits? Venture investments in state total $77.6 million so far in '08 Publ.Date : Sat, 19 Jul 2008 22:54:52 GMT Aybar's triple caps Halos' rally over Sox - MLB.com
MLB.com - By Rhett Bollinger / MLB.com ANAHEIM -- Pinch-hitter Erick Aybar hit a three-run triple in the seventh inning, Vladimir Guerrero blasted a solo home run and left-hander Joe Saunders pitched 6 2/3 strong innings to lift the Angels to a 4-2 win over the ... Aybar's three-run triple sends streaking Halos over BoSox Aybar's bases-clearing triple sparks Angels Publ.Date : Sat, 19 Jul 2008 22:52:04 GMT McCain Co-Chairman, Under Fire, Steps Aside - New York Times
New York Times - Carolyn Kaster/AP At a town-hall-style meeting Friday on energy, John McCain found himself questioned instead on his wartime positions. McCain Takes on the 'Cable Monster' and an 'Extreme' Obama Gramm Out as McCain Co-Chair; Obama Reacts Publ.Date : Sat, 19 Jul 2008 14:45:59 GMT Panel Finds Misconduct By Fusion Researcher - Washington Post
Washington Post - INDIANAPOLIS -- A Purdue University panel has found two instances of misconduct by a researcher who says he produced nuclear fusion in tabletop experiments. Purdue physicist found guilty of misconduct Details of what Purdue's investigation found Publ.Date : Sat, 19 Jul 2008 05:47:31 GMT Add RSS Feeds to My Website |
PARLOT::Ebooks, Scripts,
Websites, and more... The most basic aspect of trading is learning to differentiate... Read More CATCHING A FALLING KNIFEOne of the most common mistakes made... Read More Do you rule your superannuation or does it rule you?It's... Read More As I take my leisurely walk with my dog through... Read More The first point to mastering money management is that you... Read More Angel investors are individuals who invest in emerging business ventures.... Read More For instance, if the market moves up in the first... Read More The financial characteristics of the automobile dealership are attractive:". .... Read More The Value of Gold in a Era of Paper Assets,... Read More In an ideal world you would start your working career... Read More "Hey Joe! I need help finding a broker. I notice... Read More Yes, it's the time we've all been waiting for?tax season!... Read More Location ? Once the holy grail only for real estate... Read More First and foremost, an opportunistic strategy for creating wealth in... Read More There maybe several reasons why you to want to invest... Read More The American Football season just came to an end with... Read More Ever since the turn of the century, world stock markets... Read More One of the fundamental principles of finance is the concept... Read More Grading coinsThe condition of a coin is commonly summarized by... Read More The syntax is tortured, the grammar mutilated, but the message... Read More When you invest, it simply means that you are putting... Read More In this day and age of online brokers for virtually... Read More If it seems... Read More There are three important differences between investing and trading. Overlooking... Read More A SEP is a special type of IRA. Under a... Read More
Adsense
websites
Options Education : Opinion versus Fact!
Effective Advice For A New Generation of Investors
Super Rules, OK?
In a Time of Need
Trading Expert Discovers Ways To Beat Stock Market Odds With Money Management
Angel Investors: Who They Are & When Are They Appropriate
Day Trading the SP Futures with Initial S/R and the NYSE TICK
Investing in Car Dealerships: How to Do It Right
Why You Need To Buy and Sell Gold Coins (Part 1)
Rolling your 401k: Contributory IRA vs. Rollover IRA
Finding a Broker
Now is the Time to Invest for Your Retirement!
Asset Location ? Increase Investing Returns & Reduce Your Taxes
How To Create Wealth In The Stock Market
Before You Start Investing
Using Divergences to Keep Out of Bad Trades
Beta Factors: How They Can Be Used In The Current Situation
Time is Money and We Are Running Out of Both!
Why You Need To Buy and Sell Gold Coins (Part 5)
Begging Your Trust in Africa
Short Term Savings Products
Success Trading: Yet More Basic Terminology for New Traders
IF - The Wonders of Investing
Selecting Rules for Investing and Trading
Is a SEP Plan Right For Your Business
Affordable and Reliable Web Hosting Starting at $4.49/Month
Do You Need A Financial Planner?
No matter how much money you make, it pays to... Read More
Index Trading Weekly Update
Here is a sample of the last newsletter:SP500 Last Signal... Read More
Investor Guide to Financial Health
Step 1: Spend less than you earnPerhaps the simplest financial... Read More
Top Ten Investment Mistakes
1. Lacking an investment plan a/k/a/ "Don't take a trip... Read More
Property Investment Just Got Exciting
There is an area in Brazil that has lower crime... Read More
Find a Methodology and Minimize Investment Madness
There are many reasons to be investing these days, and... Read More
Rules for Simplified Employee Pension Plans better known as a SEP Plans
A SEP is a special type of IRA. Under a... Read More
How Eating Bitumen Made Me a Better Stock Trader
Stock market trading is a fascinating activity.There are so many... Read More
Lessons in Transition
Q: What have been the most successful approaches to attracting... Read More
Quit and Retire Three Years Earlier!
For most people, there is a direct correlation between how... Read More
Success Trading for New Traders: What Does Bid and Ask Mean?
Do you ever wonder exactly what's going on in the... Read More
Investing: Do You Want To Make Money, Or Would You Rather Fool Around?
It always amazes me how much stock market investors resemble... Read More
Preparing to Invest: How to get started
Investments can be a source of great potential earnings. The... Read More
Investing and Understanding What You Buy
"There is nothing more frightful than ignorance in action!" Johann... Read More
Wit and Wisdom on Money, Wall Street and Success - Part #2
Here are ten more WISDOM packed GEMS that ooffer very... Read More
Investing 101: Risk Terminology - BETA
About thirty years ago, statisticians armed with all of their... Read More
Will a Falling Dollar Derail Your Plans for Retirement?
How much are you willing to pay for a tank... Read More
When Its Too Late to Save for Retirement
You are 55 years old (or somewhere around there) and... Read More
Expand Your Pool of Investors for Your Company
If you own a company that sells complicated products and... Read More
Fundamentals of Option Pricing
When one begins to consider an option, it is very... Read More
Asset Allocation Lessons: The 70% Inflation Solution
For investors only... and for speculators who need to invest... Read More
The American Age of Inflation is Over
"The American Age of Inflation is finished." So says economist... Read More
Day Trading the SP Futures with Initial S/R and the NYSE TICK
For instance, if the market moves up in the first... Read More
Seven Investment Terms Everyone Should Know
For those who have never given their financial future a... Read More
Trading Tips No 4: Technical Analysis The Holy Grail Syndrome
Everyone knows that the Holy Grail of investing and trading... Read More
Investing |