Asked by Lauri

Can you explain what exactly is financial gain? I am doing a research paper and it must include this?
Answered by Ms. Sue
A financial gain is when an investment produces more money than the original cost.

http://www.thefreedictionary.com/financial+gain


Answered by Lauri
Thank you! This helps the paper. I am a tiny bit scrambled with this class. LOL!
Answered by Ms. Sue
You're welcome.

Answered by Lauri
I have one more question. how are annuities guaranteed until death? Can it be passed to another person?
Answered by Ms. Sue
The insurance company offering the annuities invests the money at a higher rate than it pays the individual.

This article explains various kinds of annuities.

http://www.sec.gov/answers/annuity.htm

There are no AI answers yet. The ability to request AI answers is coming soon!