- 6,994
See above..
Is Now a Good A Time to Sell Annuities?
- Thread starter HoosierLife
- Start date
- 1,410
With how great the economy is going I would say yes. Annuities & IUL. But I wouldn't try to sell them to low income seniors...
- 2,038
FIA's are easier to sell in a down or volatile market than an up, even with improved caps and spreads. It's mostly guarantees that separate it from other investment vehicles.
The spike in rates should be good for straight fixed though, depending on it's separation from it's main competitor, cds, though.
- 2,584
I would say it is not the ideal time if you are targeting brokerage accounts.
- 29,487
Why not?
- 5,778
When isn't it?
All eggs don't belong in one basket... and that would include oh let's see... moneys prior to '07 or '08... or 2018...
All eggs don't belong in one basket... and that would include oh let's see... moneys prior to '07 or '08... or 2018...
- 1,410
That is true that it's easier to get roll overs during down markets but the negitive to it is they've already lost a lot of their money during those times too. I guess there's positives & negatives to everything.
My thinking right now is that since the economy is up, people have more money to roll over into annuities & more income to put into IULs. A buddy of mine is doing very well right now with both.
But I'm no expert so if anyone else has more expertise then feel free to chime in!
- 1,410
FE prospects typically have less income. I would imagine an agents time would be better spent selling annuities to higher net worth individuals.Why not?
- 1,410
I suppose a good salesman can sell anything at anytime!When isn't it?
All eggs don't belong in one basket... and that would include oh let's see... moneys prior to '07 or '08... or 2018...
- 29,487
I know, I was messin' with you.
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