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Annuity 101
By Robert Thatcher

If a person has a lot of money and decides not to spend it, there are ways of making this grow. One option is keeping it in the bank and letting it grow interest. The other is investing it in the stock market with the help of a financial consultant. This professional will be able to know what stock is worth buying and when is the best time to sell.

Another way of making the money grow especially if the person does not have medical insurance will be in the form of an annuity.

An annuity is a deal made between the insurance firm and the person. This arrangement allows the insurance company to invest the money of an individual in various business ventures with a percentage of growth to be returned in a numbe...
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