Index-Linked Annuities Are A Legal Scam

Here’s what I would like below the title: Wow! Have I got a deal for you! I can show you how to do three things:
Build a portfolio of low-cost index funds with no annual fees
Give you a bonus of 20%
Guarantee that you cannot lose money, no matter what.
Does this sound too good to be true?
I hope you think so. Let me share how this legal scam works.

Andrew Hallam

I’m a financial columnist for Canada’s national paper, The Globe and Mail, as well as for AssetBuilder, a financial service firm based in Texas. I’m also the author of Millionaire Teacher: The Nine Rules of Wealth You Should Have Learned in School and Millionaire Expat: How To Build Wealth Living Overseas. My mission is to educate, motivate and inspire people on basic retirement planning and best practices for investing, using evidence-based strategies. I'm happy to comment on your questions.

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