I know that Annuities have been the evil step child of the investment world for some time now. At Annuity Rate Shopper we have been practicing the honest sale of insurance products for over 10 years and still, when people think about annuities they think “bad investments”. The truth is annuities, whether they are fixed rate annuities, equity indexed annuities, immediate annuites or variable annuities they all serve a purpose.
Yesterday (July 22, 2009 there was an article in the Wall Street Journal titled “Long Derided, This Investment Now Looks Wise. “,the premise of the article is that investors should take a second look at these annuity products and how they can help people accomplish their goals.