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vtbones

Joined: 05/20/2005 Posts: 6627
Likes: 455


That doesn't make sense. It just tracks the S&P.


I'm no expert but it sounds like you are leaving gains on the table. 30 years of growth in a low cost index fund or etf will outperform that annuity.

(In response to this post by ElbertoHokie)

Posted: 01/25/2018 at 11:49AM



+1

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Current Thread:
 
  
I've got an annuity that my financial advisor -- ElbertoHokie 01/25/2018 10:12AM
  Why do you have an annuity? ** -- vtbones 01/25/2018 11:39AM
  Well, yeah.That's what I assumed. ** -- vtbones 01/25/2018 12:15PM
  Diversification -- ElbertoHokie 01/25/2018 11:41AM
  That doesn't make sense. It just tracks the S&P. -- vtbones 01/25/2018 11:49AM
  All of my other 401k is invested in index funds. ** -- ElbertoHokie 01/25/2018 12:14PM
  The annuity isn't giving you diversification. -- vtbones 01/25/2018 12:18PM
  Buying bluestar ** -- ElbertoHokie 01/25/2018 12:34PM
  JG Wentworth 877-CASH-NOW ** -- JoesterVT 01/25/2018 11:49AM

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