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Fixed vs. Fixed Indexed Annuities: What’s the Difference?

Among the various kinds of annuities, which are contracts you sign with an insurance company to pay a premium for guaranteed income later, two of the most common are fixed and fixed indexed annuities. The former offers a fixed rate of … Continue reading ->The post Fixed vs. Fixed Indexed Annuities: What’s the Difference? appeared first on SmartAsset Blog. …read more […]

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Here’s How the U.S. Economy Stacks Up Against the World

It may seem like the U.S. has its share of challenges ahead for 2020 – partisan politics, rising healthcare costs and an aging population, to name a few.
Today, Nicholas Vardy takes a look at where the U.S. economy stands as we head into a new decade.

As a kid growing up in the 1970s and 1980s, I held two truths to be self-evident.
First, the Soviet Union would dominate the U.S. militarily. Second, Japan would dominate the U.S. economically.
Both fears seem almost quaint today.
By 1989, the Japanese stock market reached its historic high – a level it has not seen since.
By 1991, …read more […]

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Fossil Fuels vs. Renewable Energy: EIB Takes Sides

The European Investment Bank (EIB) – the world’s largest public lender – has historically financed projects all over the world.
A few weeks ago, it made an important announcement that sent shock waves around the world’s banking networks. And it will have huge implications for investors.
Phasing Out Fossil Fuels
When the public and private sectors of the European Union need money, they turn to the EIB. It lends money to small companies through local banks.
The EIB never invests more than half the cost of any project. This attracts financing from other banks and private investors.
One of the EIB’s biggest areas of investment …read more […]