Investment Capital That Does Not Run Out?? -please Advise!!!

**jpg7n16** · 08-31-2011, 04:58 PM

An annuity.

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I really don't like the overuse of caps in your posts. It's very annoying. I won't reply to any more of your posts as long as they're this style.

Please chill out with the caps.

**disneysteve** · 08-31-2011, 05:02 PM

jpg is correct that you are describing an annuity. Keep in mind that the vast majority of annuities are tremendous rip-offs. They tend to have very high fees, make a ton of money for the salesperson and aren't a great deal for the customer. There are some exceptions but in general it is best to avoid them.

**bjl584** · 09-01-2011, 04:21 AM

Originally posted by caligirl860 View Post

Hi, Im Looking For The Right Term/Word To Use To Describe This Particular Type Of Investment -But I dont Know What It Would Be Called - Maybe You Can Tell Me If I Describe It To You ?? - OK Here Goes : Lets Say I Had A Lump Sum Of 15000 Dollars And Invested The Entire Lump Sum Into Some Sort Of Investment And In Return I Got A Certain Amount Of Money Back Every Month Or Every Year - Lets Just Say For Example $300 Dollars - But Heres The Deal : Even After I Have Reached My Intial Capital Of $15000 Dollars - I STILL Would Get The $300 Dollars Every Month/Year -EVEN AFTER THE CAPITAL HAS BEEN EXHAUSTED !!!! -CAN YOU TELL ME WHAT THIS WOULD BE CALLED???? ? - PLEASE ANSWER!!!

When in doubt, choose answer "C."

Please turn off your CAPLOCK key.

Investment Capital That Does Not Run Out?? -please Advise!!!