Date : March 5th, 2010Category : UncategorizedAuthor : Editor2 Comments
We were sold an annuity with the promise of 6% interest and supposedly that was guaranteed forever? Were we conned? Could our annuity become worthless in 5 or 6 or 7 years? The current value of the annuity is down.
Date : February 19th, 2010Category : UncategorizedAuthor : Editor3 Comments
I understand the the life settlement/viatical industry started out
when aids caused those afflicted with the condition to sell their
life insurance policies to either use or enjoy a percentage of the
death benefit while still alive.
and since convenience always has a cost–people like warren
buffet and others with vision and available operating capital
would buy large bundles of these policies at a discount and
make a profit upon the death of the policy holder.
the sales by aids patients has leveled off and the sales of
policies initiated by sales organizations in structured format
to take advantage of the mortality tables used by insurance
companies when the sell policies that 85% of policies laps
before death so those that hold a policy the full term get
a much higher return on investment than they would if they
cashed out early. there is money being made on all of these
transactions–who is positioned the best to profit???
Pastor Timothy Neptune (First Baptist Church of Marco Island) discusses the realities of our current economic crisis with Steve Meyers of Grainbelt Commodities. For more information, including the …
Pastor Timothy Neptune (First Baptist Church of Marco Island) discusses the realities of our current economic crisis with Steve Meyers of Grainbelt Commodities. For more information, including the …
Pastor Timothy Neptune (First Baptist Church of Marco Island) discusses the realities of our current economic crisis with Steve Meyers of Grainbelt Commodities. For more information, including the …
