You’ve probably heard Clark talk about annuities, right? Salespeople are hot under the collar to sell annuities these days and Clark wants you to steer clear. The National Association of Securities Dealers or NASD has even put out a special bulletin to warn you about these pieces of trash. Specifically, the NASD wants to warn you about “index annuities.” Why are they worthless? The company claims it protects you from drops in the stock market. But really, the company only protects you if you stay with them. If you bail out, you only get whatever the account is worth. So, if the stock market tanks, so does your account. Even worse, you must pay “surrender charges” if you want out. So, you now get 85 cents back on your $1. And, it keeps getting worse. Avoid them like the plague.