Annuities: Agreeing With Dave

Talking Real Money - Investing Talk

Don McDonald

Investing, Education, Business, How To

4.5 • 810 Ratings

🗓️ 6 July 2022

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

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Summary

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Transcript

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0:00.0	Exclusively on Disney Plus.
0:02.0	It's hard and it's brutal and that's what makes it special.
0:06.0	The multi-award winning series, FX's The Bear, is back for a brand new season.
0:11.0	Upon my signal, unleash hell.
0:15.0	And every second counts.
0:17.0	When that shows zero, this restaurant ceases operations.
0:21.8	FX is the bear.
0:23.1	New season now streaming exclusively on Disney Plus.
0:27.1	18 plus subscription required season C's apply.
0:35.1	Reality radio for a really great future.
0:38.1	We're talking real money.
0:40.9	Hi, Don McDonald here.
0:43.4	Tom Cock over there.
0:45.3	Welcome to Talking Real Money.
0:46.8	The show that most of the time disagrees with Dave Ramsey's investing advice most of the time.
0:57.3	However, there is one piece of Dave Ramsey investing advice with which we agree.
1:04.0	We love Dave when it comes to annuities.
1:09.0	I love this quote. Dave isn't a fan of annuities, andities. I love this quote.
1:11.4	Dave isn't a fan of annuities, and there are plenty of reasons why.
1:14.6	One of the main reasons is annuities have significant expenses that reduce the growth of your investment.
1:21.6	And then the person writing this on behalf of the insurance industry says an annuity's not an investment, it's an insurance contract.
1:28.5	Well, that's kind of weird.
	...

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