Okay, so I can state you I have got got sat in presence of infinite numbers of people who have made errors when buying and owning annuities. And I have got visited people who wish they never got involved in an annuity. And I have got seen people who state that their rente is their worst nightmare...So what is it that brands the rente such as as a bad thing for some people and such a great vehicle for others??? Well Iodine am about to state you...and it all travels back to the rente proprietors biggest MISTAKE. Yes, not errors but mistake.

Let me explicate to you. Most rente and insurance agents out there have got what is called their "best product." IT is the merchandise that tin supposedly work out every investing need for any investor. And they do it sound so good that when person is shopping for annuities, they inquire the salesperson, "what is the best annuity?" and this is the biggest mistake. For all you know, the best rente to the salesperson may be the 1 that pays the best committee to him. This inquiry gets more than people in problem than any other inquiry in the investing world...

"What is the best ____________ (annuity, stock, common fund, etc)? Like I state all the time, there is no best investing because everyone's needs are different. Each investing have got it's have benefits which have to be matched to an investor's needs.

So in essence, the biggest error is searching for the "best" investmtent. So how make you avoid the rente owner's biggest mistake? By asking a better question? The best inquiry is "What is the best investing FOR ME?" That inquiry is totally different. You see, to additional elaborate, the biggest error affects not doing your homework. When you don't make your homework and you look for the "best" investment, you will probably stop up with something that you don't want. By doing your homework, you can calculate out what you bash desire and what you DON'T want. And when a salesperson shows something to you, you can quickly see if it suits your needs or not. If it makes not, then the salesperson probably didn't make his job.

One tool to help you in this search is the book, "Annuities: The Lurid Truths Revealed" which can be establish at http://www.AnnuityMD.com. Yes, you guessed it; it is not free. But it is valuable. It not only states you what annuities can and cannot do, it gives you the right inquiries to inquire your agent. It assists you avoid all of the rente proprietor errors that are made. This is because it states you everything the agnets, banks, and insurance companies don't. And it goes around around the premiss of doing your homework so an rente doesn't go your worst nightmare.

The underside liine is, always ask, "what is the best rente for me?" And if the salesperson starts shooting out replies without asking you about your situation, then run...run and happen another person. And before they inquire you about your situation, it's a good thought to cognize your ain situation. The more than than you can assist a good salesperson, the more they can assist you. And remember, there is no "best investment." There is only a best investing for each individual relation to their state of affairs and their needs. And delight remember...

Ignorance is not bliss...