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Snore and fleece

The US Financial Reform Bill is too long

The US Senate has started to debate the Financial Reform bill. This bill proposes the most sweeping changes to US (and, therefore, global) financial markets regulatory practices since the Great Depression of the 1930s.

So one might think this an extremely important bill, right? So all the Senators have Read more

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Please note that an automatic CAPTCHA function has been added to this blog. I was being overwhelmed with spam comments and had to control them. The CAPTCHA only applies to anonymous comments – registered users are not requried to use it. I hope this does not act as a deterrent to genuine comments from either the registered or the anonymous.

An Overview of Annuities

“A brief introduction as background for other posts about annuities”

An annuity is a contract between you and an insurance company whereby the insurance company will pay you a certain amount of money, on a periodic basis, for a specified period. For example, you might pay an insurance company ten thousand dollars and in return you will receive 100 dollars a month for 10 years.
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