Kenneth Fisher: You Bought A What, Annuity?!

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Sep 02, 2005
Ken Fisher is not talking stock market this time, he is talking about annuity."The only ones benefiting from deferred annuities are the insurance companies issuing them and the sales reps selling them... Instead of losing money while insurers use yours to buy stocks for themselves, buy good stocks directly and hold them."

http://www.forbes.com/columnists/columnists/forbes/2005/0919/240.html