FIXED INDEX ANNUITY
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Now that we know the 3 Secrets to Financial Security in this Crazy World, how do we achieve it?
There are only three ways to have your money completely protected against market losses:
1. FDIC Insurance2. Treasury Bonds3. Guaranteed Insurance Contracts.
Most people gravitate toward the guaranteed insurance contract called: FIXED INDEX ANNUITY
HOW A FIXED ANNUITY WORKS
• When the stock market goes up, you go up with it
• Your gains are locked in on an annual basis
• When the stock market goes down, you don’t lose anything
• You earn compound interest
• No annual fees
TOO GOOD TO BE TRUE?
Two factors to consider: Time and Maximum Gain.
#1: TIMEGreat News! Instead of paying annual fees, you make a time commitment. The best accounts are between 5 and 10 years in duration. If you need income during that period, you can take out up to 10% per year, every year, without penalty.
#2: MAXIMUM GAINYou could earn about 50% of stock market gains. You won’t get all the gains of the market, but you’ll never lose when the market goes down.
You don’t have to make as much on the upside, if you never lose anything on the downside.
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