Is It Time to Take Another Look at Fixed Annuities?
One of the most important considerations for your finances is what portion of your money should be used for "risky" investments to maximize growth potential and what portion should be kept "safe" to ensure preservation of capital when the markets get turbulent.
For the safe portion, a typical recommendation is money market accounts, certificates of deposits or bond mutual funds. However, there is a lesser known but better alternative than bond funds:
a fixed annuity.
Why is it better?