Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
A Dose Of Reality For A Hot-Selling Insurance Product
FYI: Come Sept. 1, the marketing pitches for one of the hottest life-insurance products might become a lot less enticing.The product, called indexed universal life, relies on investment gains based on stock-market indexes. The policies promise annual interest based on formulas pegged to stock indexes. Regards, Ted http://www.wsj.com/articles/SB11486026120286184909004581077983096963182