investing






 

Question by  missbj (50)

What are the pros and cons of annuities?

 
+7

Answer by  Daigle83 (66)

The good thing is that you have a stable income for the life of the annuity. However, usually the rate is lower than what you could do with an equity investment over the long term and there are stiff penalties for trying to cancel your annuity.

 
You have 50 words left!