A superb column today by syndicated columnist Scott Burns on the investment cost disadvantage -- and tax disadvantage -- of variable annuities:
http://www.dallasnews.com/sharedcontent/dws/bus/columnists/sburns/stories/DN-burnscol_24bus.ART.State.Edition1.4d68870.html
If you've avoided the unnecessary added weight of variable annuities on your investing journey, then congratulations. Please don't falter now. If you're in the early stages of your "personal investment journey" then this column is good, cautionary advice.
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