Variable Annuities: High Cost for Lower Returns

Variable Annuities: High Cost for Lower Returns

Despite Variable Annuities (VA) high fees and hefty commissions for insurance salesman, they can make sense in select cases. According to Mason Dinehart III, a national expert witness and consultant for litigation and arbitration involving securities, insurance and annuities, variable annuities should be viewed as strictly supplemental retirement investments. These VA’s are generally quite expensive […]

July Market Review

July Market Review

The S&P 500 rose 1.3% and the Dow Jones Industrial average fell 1.1% in July. 10-year US Treasury bonds returned 1.0%. 30- year US Treasury bonds returned 2.3%. Healthcare and Utility sectors led the way again returning 1.9%. Gold was up 1%. Crude oil prices rebounded 3.1%. These returns give the appearance of a low […]