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  1. 2010-12-10 14:17 #1
    tyven
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    Kuya

    If a security is an investment and an annuity is an investment why do they fall into separate government jurisdictions?
  2. 2010-12-10 14:27 #2
    Kuya
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    What's an annuity
  3. 2010-12-10 14:28 #3
    Antithesis
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    The gross domestic profit of your anus.
  4. 2010-12-10 14:36 #4
    Kuya
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    So bullshit
  5. 2010-12-10 14:36 #5
    Kuya
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    Quote Originally Posted by Antithesis View Post
    The gross domestic profit of your anus.
    *product
  6. 2010-12-10 14:45 #6
    Conrad
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    my anus's domestic product is quite gross
  7. 2010-12-10 14:50 #7
    Antithesis
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    Quote Originally Posted by Kuya View Post
    *product
    Thank you for that correction.
  8. 2010-12-10 14:55 #8
    tyven
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    Quote Originally Posted by Kuya View Post
    What's an annuity
    well dammit.
  9. 2010-12-10 14:55 #9
    Callisto
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    Quote Originally Posted by Kuya View Post
    What's an annuity
    nigga you dumb
  10. 2010-12-10 14:58 #10
    Callisto
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    also broven I might be wrong but I'd assume it's because annuities are basically you paying your own money into something just to have it distributed back to you at a later time, while securities typically involve stocks/options that themselves have their own government regulatory agency with the SEC and whatnot
  11. 2010-12-10 14:59 #11
    Kuya
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    Quote Originally Posted by Callisto View Post
    nigga you dumb
    I can count to potatoe
  12. 2010-12-10 15:38 #12
    tyven
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    Quote Originally Posted by Callisto View Post
    also broven I might be wrong but I'd assume it's because annuities are basically you paying your own money into something just to have it distributed back to you at a later time, while securities typically involve stocks/options that themselves have their own government regulatory agency with the SEC and whatnot
    idk why SEC doesnt have jurisdiction over annuities. I have a better than average understanding of insurance matter but crash coursing my way through securities today has been a show. callisto is judy biggert your congresswoman?
  13. 2010-12-10 15:40 #13
    Callisto
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    Quote Originally Posted by tyven View Post
    idk why SEC doesnt have jurisdiction over annuities. I have a better than average understanding of insurance matter but crash coursing my way through securities today has been a show. callisto is judy biggert your congresswoman?
    b/c annuities don't require regulated public information the way that stocks/options do, SEC is mostly just for the proper flow of company profitability info so you don't get fleeced investing in securities containing shitty stocks, annuities usually involve safer investments like bonds and shit


    and not sure who the rep is in our area but I don't think so
  14. 2010-12-11 12:28 #14
    tyven
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    This all makes an alarming amount of sense.
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