Last week, we focused on a conservative investment, now we shift gears and focus on the riskier side of investments. Many people feel that they can pick a few great stocks and then get rich quick. But there are very little instances where this actually works out and most of the time, you end up losing money by putting all your eggs in one basket. We will discuss the dangers of stock picking and why it has no place in a comprehensive retirement plan.
We kick off our new series by discussing the polarizing topic of annuities. Some claim that annuities are the greatest investment on in the world, while others claim that they are terrible. Taylor and Brad will discuss some common misconceptions pertaining to this investment and how you may be able to properly utilize an annuity in your financial plan.