> Or investing in borderline scam products like variable annuities.
It's interesting that you say this, because many VAs have embedded put options that were very valuable post-crisis. The "scam" happens when someone invests 100% of their modest life-savings in a VA.
Ben Bernanke invests the majority of his retirement savings in annuities, it's really just like buying into a pension.
It's interesting that you say this, because many VAs have embedded put options that were very valuable post-crisis. The "scam" happens when someone invests 100% of their modest life-savings in a VA.
Ben Bernanke invests the majority of his retirement savings in annuities, it's really just like buying into a pension.