All this investment talk is making my head spin… Please HELP!!!

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18 thoughts on “All this investment talk is making my head spin… Please HELP!!!

      1. I’m always saving, but I’ve yet to start investing. Not for lack of research, but I haven’t started yet. I was supposed to start another annuity and a mutual fund in December, but before I knew it December was over. Now it’s May…

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      2. A mutual fund has a level of risk to it, but an annuity is the safest thing you can get. I used to sell insurance, so I know that much. We already have on annuity. It’s doing okay, but we need another one.

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      3. We have one through Transworld Assurance. We’ve had it for about 17 or 18 years. It’s doing okay. The interest rate is only 4% right now though. I keep hoping it will go back up to 7%, but so far no such luck.

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      4. I see that! At least you made that decision back then. I was reading about them a bit and apparently variable annuities have so many fees that it’s counterproductive! Does yours have fees?

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      5. Not while we’re just saving, only upon withdrawal… I could be mistaken but I think that is just the taxes. We only get penalized for withdrawal within the first 10 years or something.

        Liked by 1 person

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