Global View Investment Blog

So you bought a Variable Annuity. We forgive you. And we can help!

As we recently blogged, variable annuities are great for agents and insurance companies but generally not good for investors (when light is shined on them). They are very popular with investors and many accountants because they don’t know the full story: click here

Recently we added a new client who had nearly 100% of his investments in products good for the broker and not good for him. A majority of these were in variable annuities.

Why? Because most of the products have commissions of 7% or more UP FRONT. We know this because we can offer similar products with lower fees. In fact, we can often save our clients 3% or more in annual fees.

The graphic below illustrates this:

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If you, a friend, or a client owns a variable annuity or whole life insurance we have some good news. We can RESCUE the annuity by getting it out tax free (if necessary) and saving you tens of thousands of dollars a year. We can show you EXACTLY how much your decision to “insure” income is costing your beneficiaries!

To learn more about other conflicts of interest visit our page: http://globalviewinv.com/conflicts/

Ken Moore

Written by Ken Moore

Ken’s focus is on investment strategy, research and analysis as well as financial planning strategy. Ken plays the lead role of our team identifying investments that fit the philosophy of the Global View approach. He is a strict adherent to Margin of Safety investment principles and has a strong belief in the power of business cycles. On a personal note, Ken was born in 1964 in Lexington Virginia, has been married since 1991. Immediately before locating to Greenville in 1997, Ken lived in New York City.

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