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    David RacichPRO
    Fountain Hills, Arizona
    Some advisers use “invest” for securities and “save” for non-securities. You can invest or save from your cash flow on a monthly basis or pay a lump sum deposit into an annuity. For investors: variable annuities, a security, are a mid to long term investment when utilizing market equities and bonds via the separate sub accounts. Know your liquidity needs before investing and risk tolerance profile because you can lose money with variable annuities. For savers: fixed interest rate or indexed annuities, both non-securities, are short to midterm savings options. Know your liquidity needs before making a product purchase.
     
    Answered on June 13, 2013
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