Friday, November 16, 2007
These funds are cheaper fee wise than normal annuities, offer potential upside growth of the equity markets, and you still have access to your money unlike a standard fixed annuity.
- The downside is they are designed to exhaust after a set period. Say you need retirement income for thirty years. The fund is designed to pay off in that time meaning you will have zero left at that point. If you life longer than that you will need to have other resources.
Get lifetime income and growth opportunity in one convenient investment solution.Fidelity Growth and Guaranteed Income1, our new variable annuity, can give you the financial security you’re looking for in retirement by offering you guaranteed2 lifetime income, tax-deferred growth potential, and income that is protected from down markets. Plus, you will have flexibility in case you need access to your money.
Posted by Chismillionaire at 12:59 PM
corn plus cows gives poop which gives electricity!
CVPS Cow Power
Posted by Chismillionaire at 11:30 AM
1904: British engineer John Ambrose Fleming invents and patents the thermionic valve, the first vacuum tube. With this advance, the age of modern wireless electronics is born.
Although the Supreme Court eventually invalidated Fleming's U.S. patent -- ruling that the technology he used for his invention was already known -- he remains the acknowledged inventor of the vacuum tube, a diode (having two electrodes) that would have far-reaching applications. The tube was standard equipment in radio receivers, radar sets, early television sets and other forms of electronic communication for at least half a century, until it was replaced by solid-state electronics in the mid-20th century.
Posted by Chismillionaire at 9:52 AM