04: Stan's Brutally Honest Factual Expertise About Annuities
Invest Like a Boss
Sam Marks Johnny FD Derek Spartz
4.8 • 518 Ratings
🗓️ 13 June 2016
⏱️ 45 minutes
🧾️ Download transcript
Summary
Stan The Annuity Man, a.k.a. Stan Haithcock, is a nationally recognized expert on annuities known for his transparency, honesty, and endless research. He started out trading millions at the World Trade Center and now 100% of his portfolio is invested in his unique approach to annuities.
In this episode we talk about the low risk options for long term investors that want to know their income stream 20 years from now. We also talk about fixed interest, stock market risks and what you should know before investing your money with other agent companies.
Stan’s Website – Stan The Annuity Man
Stan’s Contact info – http://www.stantheannuityman.com/about-stan-the-annuity-man/contact-us/
| Time Stamp | Topic |
| (00:01:00) | Worked at World Trade Center |
| (00:02:00) | #1 Annuity Agent in the U.S. |
| (00:02:19) | Contractual Guarantee’s |
| (00:03:40) | Roman History |
| (00:04:08) | P.I.L.L Categories |
| (00:05:50) | Life Insurance |
| (00:09:23) | Fixed Index |
| (00:13:43) | Interest Rates |
| (00:17:45) | Downside Risk Protection |
| (00:22:00) | Texas Creditor Protection |
| (00:24:00) | Lifetime Income Stream |
| (00:25:00) | FDIC Insurance Limit |
| (00:27:58) | Flash Boys Michael Lewis |
| (00:32:00) | Park your Money |
| (00:34:00) | Annuity Risks |
| (00:37:20) | Department of Labor : Fiduciary |
| (00:38:00) | IRS: 1035 Transfer |
| (00:39:00) | Fixed Interest |
| (00:40:50) | Social Security / Pension |
| (00:42:40) | Stock Market |
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Copyright 2016. All rights reserved. Read our disclaimer here.
Transcript
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| 0:00.7 | Welcome to the Invest Like a Boss podcast. I'm Sam Martz and I'm Johnny FD. |
| 0:04.4 | We're self-made entrepreneurs who invest our own money and use modern technology to invest like a boss. |
| 0:09.1 | Join us each week for exclusive interviews with our network of modern investors, business owners, and multimillionaires to discover new ways to invest our hard-earned cash. |
| 0:17.0 | Hey everyone, this is Johnny FD and welcome to episode four in The Invest Like a Boss. |
| 0:20.7 | I'm here with Sam in Bangkok and this week we have someone who is completely opposite from last week's episode. |
| 0:28.6 | Last week was 4X trading which is super high risk, super high reward. |
| 0:32.6 | Today's episode is with Stan the Nunnyman who's all about protecting your downside and minimizing risk. |
| 0:38.5 | And Stan, like to welcome you to the show, invest like a boss. |
| 0:41.6 | Great to be here. I hope that I will provide some information on annuities that people aren't aware of, |
| 0:46.5 | and they'll look at them in a different light. So let's get to it. |
| 0:50.4 | Awesome. Well, as your name suggests, you are the amount of annuities and a little disclosure time. |
| 0:55.6 | I have several annuities that I've picked up through Stan and his company. And I particularly love |
| 1:03.1 | them and I want to dissect the channel and the investment opportunity in these type of vehicles. |
| 1:09.1 | And that's what Stan is here to help us go through. So Stan, if you don't mind if you would give us just a little background and introduction to you and how you got into the annuity business. Well, I've been in the financial services business for a long time. You know, there's a firm called Dean Whitter that got purchased by Morgan Stanley that I worked for both of them. Then I went to a firm called |
| 1:27.7 | Payne Weber that got purchased by UBS, worked for both of them. So I've been doing this a long time, |
| 1:32.5 | managed money at a very high level, worked at the World Trade 2 Center, got out of the business |
| 1:36.7 | when UBS took over Payne Weber just to find myself in midlife crisis type thing. No one plans |
| 1:43.7 | to become Stanley Newuity, man. |
| 1:44.9 | It just kind of happened. I called into a radio show locally that was pushing fraudulently the annuities, and they were pumping and dumping them. And I was like, hey, you know, I called them in and filleted them like a flounder. The next thing I know, my phone starts ringing. That was nine years ago, and here we are now. I'm the number one independent annuity agent in the country. |
| 2:03.4 | I have quants in all 50 states. My phone starts ringing. That was nine years ago, and here we are now. I'm the number one independent annuity agent in the country. |
| 2:03.3 | I have clients in all 50 states, and I redefine the space and written six books on Amazon |
| 2:08.0 | that are read all over the world. |
... |
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