Annuities Quotes & Sayings

By keeping the annuities, we could build up a national industry every years as big as the Shannon Scheme. — Eamon De Valera

In short, the early receivers of the new money in this market chain of events gain at the expense of those who receive the money toward the end of the chain, and still worse losers are the people (e.g., those on fixed incomes such as annuities, interest, or pensions) who never receive the new money. — Murray Rothbard

You may have seen my firm's ads screaming, 'I Hate Annuities.' Folks ask why we run them. Simple: Because I do. — Kenneth Fisher

Clean air and water, a diversity of animal and plant species, soil and mineral resources, and predictable weather are annuities that will pay dividends for as long as the human race survives - and may even extend our stay on Earth. — Alex Steffen

It is almost always a bad idea to use a reverse mortgage to pay for a vacation or to buy a risky investment, like stocks or deferred annuities. — Charles Duhigg

It's my guess that something like 5% of GDP goes to money management and itsattendant friction. I define it broadly - annuities, incentive pay, all trading, etc. Nobody else has used figures that high, but that's my guess. Worst of all, the people doing this are among the best and the brightest. Hundreds and thousands of engineers, etc. are going into hedge funds and investment banking. That is not an intelligent allocation of the brainpower of the civilization. — Charlie Munger

People who buy annuities, it turns out, live longer than people who don't, and not because the people who buy annuities are healthier to start with. The evidence suggests that an annuity's steady payout provides a little extra incentive to keep chugging along. — Steven D. Levitt

Tis said that persons living on annuities Are longer lived than others. — Lord Byron

I advise you to go on living solely to enrage those who are paying your annuities. It is the only pleasure I have left. — Voltaire