asked 151k views
3 votes
An annuity is a great way to invest your money while "playing it safe."
True
False

asked
User Statwonk
by
8.1k points

2 Answers

5 votes
True, because a annuity is a great way regular deposits to a savings account, monthly home mortgage payments, monthly insurance payments and pension payments.
answered
User Galkin
by
8.4k points
6 votes
True, An annuity is a great way to invest your money while "playing it safe". the rule of 72 is a great way to determine how long an investment will take to double. ... with virtually all investments, as the risk goes up, so does the potential return.

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