Providing Clarity, Capacity, and Confidence…
RSS icon Email icon Home icon
  • It’s all about timing, or is it?

    Posted on October 27th, 2009 Richard Himmer No comments

    It’s all about timing, or is it?

    The longer the recession grinds on, the more people realize the marvel of indexed annuities. Imagine all of your money intact today, never losing sleep over it, and having complete control over the entire amount.

    Is there a bad time to purchase a Fixed Indexed Annuity (FIA)?

    [A] On August 21, 1987 the S&P hit an all time high of 355. By December 4th [D] it had fallen 37 percent to 224. Traders were jumping out of windows on Wall Street. (Not really, at least I didn’t see any. This is a metaphor indicating they were having a bad day.)