Personal Investments • What Do You Think of These Investments?

Hi guys,

Recently I talked to a FA at my bank. He suggested 2 investments. They are the following:

Index Annuity:
- 100% protection of principal
- 10% withdrawal from principal
- 3% guaranteed return even if the market dips below 3%
- Rate cap: If annuity is fixed at 5%, you get 5% even if the market returns above that.

Structured Cap Annuity:
- Performance cap rate for example of 75% with 20% buffer. If the market had an 80% return in 5 years, I keep 75% of that return. With the buffer, if the market dips 17%, I get 17% return as protection. If the market dips below the buffer say, 23%, I still am protected up to 20% but lose 3%.

For the Structured Cap Annuity, heres a pdf for examples of performance: https://jmp.sh/teRUFJ2j

Let me know if these investments are good for me compared to other investments.
Looking forward!

Statistics: Posted by arca — Sun Sep 08, 2024 12:07 am

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