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Friday, November 11, 2011

Best Annuity Rates

I started investing in the stock market for the first time only a couple of years ago at the suggestion of my husband. Initially, the experience was exciting, but along with the market turmoil and economic downturn, my stock portfolio lost a lot of value. This made me wonder whether there were safer investments that I might explore. The first alternatives that I discovered were certificates of deposits and municipal bonds. Although CDs are generally pretty safe, they tend to pay horrendous rates of return. Municipal bonds certainly tend to have better rates of return than CDs, but I was a little spooked by the fact that there have been municipalities that have sought bankruptcy protection in recent years. Indeed, a county in Alabama filed for bankruptcy just this month! Eventually, my search led me to consider annuities. As I understand them, the way annuities work is that when someone purchases an annuity, they are effectively agreeing to loan present money in exchange for a promise that the bearer will pay a certain rate of return over time. Thus the key is finding the Best Annuity Rates. Doing so requires a bit of research, but can result in both low risk and a good rate of return.

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