Annuities are financial products that are designed by life insurance companies. The contract itself is an insurance policy. Annuities can actually be traced back to Roman times when citizens would make a payment and receive an annual stipend in return. Over time, these products become more refined and complex. Governments began using them for anything [...]
Entries Tagged as 'insurance'
November 13th, 2012 · No Comments
What is it with government regulators? They say they’re trying to help you by intervening into the marketplace. They say they can “fix” those expensive auto insurance and health insurance premiums by forcing insurers to make premiums more affordable for you and your family. Then, when they show up with their laws, nothing ever seems [...]
April 14th, 2012 · No Comments
I read once that something like 94 percent of all mutual fund managers under-perform the stock market. That figure seems to fluctuate a bit depending on whom you’re talking to. One thing seems to stay consistent with the percentage though – the implication that active investing is damn hard. It is. There’s a lot that [...]
January 19th, 2012 · No Comments
There’s a dark side to switching insurance companies. New paperwork, new premium payments, new automatic (ACH) withdrawals. Is any of it worth the hassle? Sometimes. Sometimes not. A few years ago, I found myself engaged in a conversation with someone about insurance. Yes. Insurance. People normally don’t yammer on about car insurance but this person [...]