You've just been offered an opportunity to buy an annuity contract? You've heard that these are not good investments to put your money into. However, the broker you're working with insists it's the best option available. What do you do?
This situation plays out often in the real world. If you try to do your own research, you'll find biased opinions of this kind of investment product all over the internet. So who should you believe?
In this podcast episode, Derek explains what you're actually getting when you buy an annuity. He also explains how you can better evaluate an annuity to make sure it is or is not what fits your investment needs best.
Enjoy the show!