TRUE OR FALSE? A variable annuity contract can be defined as a contract in which the insurance company varies the annuity payments based on the net income of the insurance company. If the net income of the insurance company increases, then the annuity payments associated with a variable annuity contract will increase.
TRUE OR FALSE?
It makes sense to always sell your risky assets when the market for these assets becomes volatile and then buy them back when volatility declines.