Just want to thank the responders again...all very insightful and intelligent posts.
I guess I can only reason, if someone is looking to buy an annuity of this type, they will have to pay somewhere around 113,000 if they buy direct from insurance company...so why not buy from me at 90K and...
All good points..of course this is no US Treasury..but still you are looking at 30 YEAR rates at 4.17%. While there are certainly other factors at work- the professionals arent buying into your theory 100% yet or these rates would be much higher already. It is obvious that you may have to...
Yeah...Genworth had some issues from underlying Mortgage Loans I think it was (well some issue anyway that I researched at the time and memory is fading on it), that drove stock to $1+, but they seemed to explain it well at the time, and they are spin off of General Electric..so I dont think...
LOL..these guys make some nice money. Prolly why most lotteries now give their own Lump Sum option so these outfits dont rape the winners. I mean, it is their right--do what you have to in order to make good returns.
I thought about this just21..but couldnt find any subject to place it and it seems pretty high priced considering some of the stuff on there with bids..if you were serious :)
Will probably list it if it isnt too expensive
Hey..Just want to thank you guys for responding to my question, even if it was to jab me alittle or a lot. :D
Just trying to look at all the possibilities to get the proper cash out of this thing.
I do have some knowledge on the subject as a graduated with a BS degree in Investment...
Hope this post works in this section....
Hi
I received an immediate 19 year annuity that pays $9,000 per year in May of each year (next payment 2010--total of payments $171,000) written by Genworth Insurance. The Present Value in May was calculated at $113,000. I am trying to sell this...
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Party shares increased in the early part of 2008 based on the belief that Party Gaming had made an agreement with the US Govt absolving any liability on their part for activities in the US