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Potentially useful in certain circumstances but shouldn't be part of a standard investment portfolio.
Subject Expert
Oh, OK. So not even that it is the best option for any use case, just a viable but not optimal option.
I guess that is true.
Avoid them. You want higher risk investing, all S&P 500, when you're young because you have a long time for it to grow.
Useful for private placements or downside buffers in RILAs but most of the time no
Subject Expert
Hahahaha.
I did it with my emergency money when I started saving with the first like 50k. It was f&f and they would let me take my money out at any point. So essentially a hysa earning 5%.
Don’t do it
J.G. Wentworth 877 cash nooooooooooow
Select investors get to sing on a bus wearing Viking horns.
Seriously?
Subject Expert
Profitable for salespeople, not for you.