In this episode, The Annuity Man and Chuck Jaffe discuss: 

Some good examples of bad investments Issues with cryptocurrency Understanding indexed annuities  Interest rates and inflation 

 

Key Takeaways: 

Some investments are unjustifiable and unnecessary.  Cryptocurrency isn’t that different from gift checks, except you can actually spend gift checks. Only a handful of stores accept bitcoin payment.  The problem with indexed annuities is that it’s so difficult to explain.  A lot of things go into calculating inflation in your own context, like taking into account your spending habits and where you are in life. 

 

"Inflation is a very much personalized thing… you could say that inflation is not bad, but a lot of houses are having trouble with inflation because of their spending patterns and where they are at in life." —  Chuck Jaffe

  

Connect with Chuck Jaffe:

Website: http://moneylifeshow.com/

Podcast: https://moneylifeshow.libsyn.com/ 

Twitter: https://twitter.com/ChuckJaffe 

 

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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