You actually never used the word "SHOULD". I don't believe anything was taken out of context. The meaning seemed pretty clear to me, although it is now a moving target as you walk things back. I noticed you never answered my question. Whatever ...
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Originally Posted by l2ridehd
I guess that is how things are taken out of context. I NEVER characterized the folks who buy annuities as gamblers or incompetent. I did say those are the only type of people who SHOULD be using annuities. Huge difference.
To each their own. I personally believe that almost no one should be using this investment vehicle. There are so many better investment strategy's available. And I also consider a single annuity which most people who buy them have, to be zero diversification for that part of their investments. I guess we just have to agree to disagree.
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