073: Chuck Jaffe: Money Life and Your Life

“Fun With Annuities” The Annuity Man Podcast

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2+ y ago 48:53

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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: Stan@TheAnnuityMan.com

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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