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How to Buy Annuities Online |
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Monday, 06 August 2012 08:20 |
By Gail Cohen
Annuities are popular investment products, even when the economy is in the tank. They are a product of the insurance industry rather than the stock market and there are enough types to satisfy investor taste. That said, online annuity opportunities are never 100-percent risk-free, according to Ian Lundahl, a Corporate Insight senior analyst specializing in financial-consumer research. He told "Barron's" reporter Theresa Carey in 2011 that he "doesn't believe that purchasing an annuity will become a fully online experience for at least another five years."
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