annuities
 

has anyone bought them in serious volume? just one more option i'm considering, as they seem to be very secure (as 'retirement' income). just looking for more information (i've found jack shit on the web, and my current bank doesn't push them). thanks...

Like you need annuities? You could retire of your damn interest on a standard checking account.

When will it stop quiet? How much is "enough"? :)

yeah you're right :) but if the money is just sitting around it might as well make even more. and still be hassle free and NOT something i have to worry about - that is paramount. i'm looking for reasonable returns with *very* low risk, and *very* little 'work'. arrgh. but basically, 10 months more is 'enough'...

http://fabian.com/ He knows all about investing for retirement. He has opened my eyes. Let him open yours.

Speaking of the future, where do you guys see yourselves in 5 years?

If I'm going to make it, I need to organize my own personal sites better. (The TripleXCash sites are fuckin' rock solid, and organized to a T... I definitely need to follow that example) In fact it wasn't until I started there, that I realized how disorganized my setup was. It works for me, but it could be a lot better.

So far I'm on track with the goals I've set for myself. However, I'm sure I could always do better.

Where will you be in 5 years? (I assume [Labret] will be in jail for killing an introuder) Sorry bro, just keeping the legend alive. LOL

makes sense. milk that shit for all it's worth. :Graucho

as soon as i read 'mutual funds' i cringed. i own about 100K in mf's and they have done nothing but lose money. big surprise.

almost all of my net retained is currently sitting in a high interest savings account (2.75% rate). i'm looking to move it to something with a higher return, but a similar level of security and simplicity.

2.75% rate damn !!! You could get 6,7% rate in norway and that's low deposits <10k (usd) with anything over 150k USD you should get around 7.5% p.a in a descent bank over here.

Yep seems like low rates i have almost more on my checking account ;)

You can get atleast 4-5% here without any special amount of money.

where exactly? i am in Canada, and the highest interest savings account that i am aware of (with complete control over my money) is 2.75%. i am talking about a 7 figure principle.

A year ago here you could get 7% too on market rate accounts..now it's 2%.

Annuities are long term investments. Most of them , even those tied to the market seem to do well in the long run. If you're looking short turn, it's not the way to go.

I tend to spread out quite a bit, but have been fairly happy with a variable annuity I set up with ING http://www.ing-usa.com/, about 4 years ago. If you want something stable and safe, stick with hard assets and real estate based fund..if you want better return over time..the market has always come back..and over time the overall market-tied fund usually does pretty well. You have to look at performance over time and your length of expectations.

I'm gething 6.75% on my money in the bank here. And I have no obligations, and the intrest is added after every month. Not once every year as most banks. This is in norway, you should move here :) but you have to pay 28% capital tax if your gonna bring money off that amouth in tho the country :( But with a 7 figure number you should be gething 7.5% without any obligations or anything. And it's as safe as it get's it's the bank lol :)

ideally, this is what i want: i'd like to hand over X million dollars - then get 7-8+% guaranteed annual return (or higher if possible - of course). If i could secure such a return, i would lock it in for a very long time. i am not interested in making large amounts of money on the capital ie: i am not interested in risk.

what i am interested in, is a good rate of return, with very low risk (or 'no' risk) for X million dollars. also, very little work/stress. I will be keeping a sizable amount of money liquid, and so will not have any need to access the majority of my cash, if i could lock in such percentages.

I was just about to say the same thing. Do some checking on foreign banks interest rates. You will always find way more appealing rates, especially in those countries that seem to attract money launderers and tax dodgers.

I'm getting 4.3% on my very standard dutch bankacount...

2.75 is really low :(

shit ...with that much money do what we do
buy comercial properties !
^9% return and 10%+ capital gain on average

20% a year is nice :thumbsup

Annuities are good but they don't have high rates of returns however the risk is low.

I'd invest in some solid IT's or real estate.