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Clark, I enjoy your show and believe you are dead on in most cases. However, you have completely blown in your knowledge (or lack thereof) of annuities. Until you are licensed and fully trained in insurance and a registered representative you are not qualified to give an assessment of these products. I guess I should start putting my client's funds at risk and never mention possibility of loss or phantom tax or no lifetime guarantees or a list of pros and cons of each type of money placement. Ignorance is not bad, merely a lack of information. Information and still no understanding becomes stupidity. It is evident from your comments that you don't know the different types of annuities, the safety aspect, suitability requirements, or the oversight given by companies to insure the suitability for clients. Sorry, Clark, you blew it.
By Larry
