Annuities are Owned by
It is fun to see the popular press disparage an annuity
like a playground bully. Eventually redemption always
comes when there is a market correction, a bank failure
or some other systemic malfunction of the economy -
and those same naysayers are humming a different
So, who is wise in this world then?
Well, annuity owners are not wanting in this department it turns out........
Now, I don't know if Einstein owned any annuities....but you don't have to be an Einstein yourself
to realize that when the architect of our federal financial policy has some of his largest holdings in these
financial instruments it might be worth considering...
Yes Ben Bernanke's largest holdings are in annuities.....
maybe he knows something others don't?
Not to be outdone by his own employee, even Bernanke's boss
is publicly proclaiming the virtues of the
lowly annuity to the masses:
And just when you thought that it might be a mild conspiracy
within a small circle of the government......
...then along comes the non-partisan GAO, the Government Accountability Office.
So the President, his Fed Chairman and the Government Accountability Office are all in cahoots
on the annuity it appears....
I don't know which remaining esteemed celebrity in
our culture who could possibly add even
more credibility to this amazing financial instrument...
Oh, I just remembered!
But seriously, perhaps the more accurate adjective to explain people that own annuities would
Annuities are reliable, predictable, realistic vehicles chosen by prudent investors who want
guarantees, that's all !
And that makes them SMART.....Shrewd, Measured, Appropriate, Retired or Retiring, and Tenacious!