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vtbones

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

What's this?

The annuity isn't giving you diversification.


You are investing in the same thing (S&P 500 index), just in different investment vehicles. Except that the annuity is limiting your downside and upside. But for someone with a time horizon over 20 years, the downside doesn't matter.

(In response to this post by ElbertoHokie)

Posted: 01/25/2018 at 12:18PM


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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
  Because his financial adviser wanted a big commission for selling it. ** -- Hokie360 01/25/2018 12:10PM
  Well, yeah.That's what I assumed. ** -- vtbones 01/25/2018 12:15PM
  It's not that much money. I'm only 33. At the time, I think it was good -- ElbertoHokie 01/25/2018 12:12PM
  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
  It is a 10 year annuity. Returns can vary widely on rolling 10-year return -- lchoro 01/25/2018 11:55AM
  JG Wentworth 877-CASH-NOW ** -- JoesterVT 01/25/2018 11:49AM
  Really don't see much of a correction in the short term -- EDGEMAN 01/25/2018 11:17AM
  You have to be a little careful with the fine print on those step up plans -- BigDave 01/25/2018 11:10AM

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