Comments on: A VA to consider http://www.joetaxpayer.com/a-va-to-consider/ Financial Commentary For The Average Joe Mon, 06 Feb 2012 21:56:17 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Dave Shafer http://www.joetaxpayer.com/a-va-to-consider/comment-page-1/#comment-3841 Dave Shafer Wed, 08 Apr 2009 21:09:03 +0000 http://www.blog.joetaxpayer.com/?p=1146#comment-3841 Might be interesting if you did a 5-10-20 year look back comparing fixed annuities [both indexed and traditional] to the variable annuity. I believe the same issues as mutual fund investing will be found in variable annuities ie. lack of consumer ability to make reasonable investment decisions. I have been unable to find actual data or anyone that looks at actual data of real individual variable annuity performance like there is for mutual funds [Dalbar, Inc.] But I think it is a safe assumption that it would not be a better than mutual fund performance. I have come to believe that indexing whether in mutual funds, ETFs, or variable annuities is simply based on assumptions and risk analysis that is wrong therefore not a place most people should be investing. The data is pretty strong for my assertion! Might be interesting if you did a 5-10-20 year look back comparing fixed annuities [both indexed and traditional] to the variable annuity. I believe the same issues as mutual fund investing will be found in variable annuities ie. lack of consumer ability to make reasonable investment decisions. I have been unable to find actual data or anyone that looks at actual data of real individual variable annuity performance like there is for mutual funds [Dalbar, Inc.] But I think it is a safe assumption that it would not be a better than mutual fund performance.

I have come to believe that indexing whether in mutual funds, ETFs, or variable annuities is simply based on assumptions and risk analysis that is wrong therefore not a place most people should be investing. The data is pretty strong for my assertion!

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