Zero Is NOT Your Hero: Shootin' It Straight with Stan episode artwork

EPISODE · Aug 17, 2022 · 8 MIN

Zero Is NOT Your Hero: Shootin' It Straight with Stan

from "Fun With Annuities" The Annuity Man Podcast

In this episode, The Annuity Man discussed:  What "zero is your hero" means  Dirty tactics that agents use to sell annuities  A more rational alternative CD product  Zero is not your hero    Key Takeaways:  The phrase "zero is your hero" means that when the market goes down, you will not lose any money. In this world that we live in, you should always be getting some interest on your money.  Be wary of these two dirty tactics agents use to sell annuities: back-tested numbers and upfront bonuses. Don't base your decision on the past; base it on the future. Don't buy a product for the upfront bonus. Also, there's no such thing as a "market upside with no downside."  Instead of buying a product where you're locked in seven to ten years, why not buy a MYGA? It's a CD product where you can lock in on shorter terms of one, two, three, four, or five years.  Zero is not your hero. If zero is your hero, you might as well dig a hole and put all your money in it. If anyone tells you that zero is your hero, just tell them to shut up. Be rational, don't buy the dream.    "Zero is not your hero. We are in inflationary times. I don't care if we're in inflationary times or not; you need your money to grow. Period. " —  Stan the Annuity Man     Connect with The Annuity Man:  Website: http://theannuityman.com/  Email: [email protected]  Book: Owner's Manuals: https://www.stantheannuityman.com/how-do-annuities-work YouTube: https://www.youtube.com/channel/UCCXKKxvVslbeGAlEc5sra2g  Get a Quote Today: https://www.stantheannuityman.com/annuity-calculator! 

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Zero Is NOT Your Hero: Shootin' It Straight with Stan

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This episode was published on August 17, 2022.

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