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by act_right
3143 days ago
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> Or investing in borderline scam products like variable annuities. It's interesting that you say this, because many VAs have embedded put options that were very valuable post-crisis. The "scam" happens when someone invests 100% of their modest life-savings in a VA. Ben Bernanke invests the majority of his retirement savings in annuities, it's really just like buying into a pension. |
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