What is 2008-Financial-Crisis

This community is dedicated to discussing the financial crisis of 2007-2008, which has had a worldwide impact on wealth, jobs and personal security. Our hope is that this community...

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Advice:
Aig annuity not insured, do I stay?
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I switched my 50,000. CD to an AIG annuity 6 months ago. Don't ask me why, I regret it horribly right now. It is guaranteed 5% for the first 3 years and then 3% until I'm 50 years old. I'm 37 now and this is everything I have for my and my daughter's future. I'm really worried about what is going to happen to this money. Should I be? Should I look into taking it out and back into a CD? Any advice would be appreciated. Thanks!!
Posted on 10/11/08, 11:10 pm
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Reminder: This is a support group for The 2008 Financial Crisis. We trust you will do your best to remain positive and helpful. For more information, see our rules of the road.

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Reply #1 - 10/12/08  9:01pm
" Anyone? "
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Reply #2 - 10/12/08  9:11pm
" find a low key financial guide and ask them what you should do. They should be able to help you. DONT let them chage you a huge fee either! Thats a pretty easy question for them to answer youd think. But as for me. I would not give them my dog to take care of let along my lifes savings. IMO "
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Reply #3 - 10/12/08  9:12pm
" Sit tight the market will be on an uptick on Monday they've got their filthy lucre from the working man time to regroup and laugh

http://members.shaaw.ca/phradus/bo... "
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Reply #4 - 10/12/08  9:13pm
" http://members.shaw.ca/phraedus/bo...

sorry about that typed the address in by hand "
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