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/biz/ - Business & Finance

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4616495 No.4616495 [Reply] [Original]

Totally just spitballing here, but say you get an inheritance of 800,000 or so, and you want a relatively safe investment. How retarded are things like annuities?

>> No.4616565

>>4616495
annuities about as safe as it gets but the costs are high.
with modest fees, you could manage the money with a financial advisor and at least maintain control over it.

>> No.4616642

>>4616565
If you don't mind, I'm new to thinking about investments beyond a 401k and the like, I'm middle class, probably lower end of it.

What level of fees would you expect from that investing in an annuity, and what level of return? Having someone manage it would have significant fees too right?

>> No.4617169

>>4616495
thanks just bought 100k

>> No.4617200

>>4616495
Buy niggercoin