Thursday, August 16, 2007
Bonuses can be very tricky. There is ALWAYS a price to pay for these bonuses. It's not bad if you TOTALLY understand the consequences and are willing to pay the price, however, if you don't completely understand, you could find yourself in a big mess.
Bonuses need to be used with care. Again, the cost of taking a bonus is sometimes SEVERE. I promise you that 98% of people who look at the bonus are very unclear of what price they have to pay for that bonus. Do you think the insurance company is just being nice to you because they like you? ABSOLUTELY not. do your homework.
The greatest resource I can suggest to you is at http://www.annuitymd.com/. No, it's not free----but I guarantee you that Ignorance will cost you more.
I hope you are willing enough to at least listen. If you are thinking about the Allianz Endurance 15 or any other bonus equity index annuity, you better do your homework....it's your money---you better take care of it.
Ignorance Isn't Bliss....