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Old 10-21-2012, 07:09 AM
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KayakerNC KayakerNC is offline
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Quote:
Originally Posted by westcoast View Post
Heard this radio show from Tampa this morning where they guaranteed 7% per year.
How can they do it and what is the catch?
Suggest you read (carefully) Moshe Milevsky's article on what is REALLY happening.
Annuity Analytics: What is a Guaranteed Rate Really Worth?
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KayakerNC
Mt Clemens, MI
Newport, NC
Suffering from TV envy