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New York Markets Open in:

Futures: /quotes/zigman/30356461/delayed S&P 500 +0.4% /quotes/zigman/38649152/delayed DOW +0.4% /quotes/zigman/30356458/delayed NASDAQ +0.5%

need to know
IMF: China slowdown threatens global outlook
Australia defers decision on Shell deal for BG
Novartis to begin selling Neupogen copy in U.S.
Syngenta to sell unit, plans $2 billion buyback
Rio Tinto sees solid demand for iron ore, steel
EasyJet lifts outlook following strong summer

The 11 richest people on the planet under 35

5 things to watch at today’s ECB meeting

ECB forecasts to come under close scrutiny
French jobless rate holds steady at 10.3%


As investors flee China, they should consider India

History’s lessons in surviving market crashes

Bill Gross calls a Fed rate hike ‘too little, too late’
FDIC chief: Rates may catch banks off-guard
Junk-bond stress level climbs to 5-year high

China stock markets close for World War II anniversary
China tightens controls to fight capital outflows

Apple’s biggest challenge: Topping the iPhone 6
Apple set to join content contest
What to expect from the Apple event on Sept. 9

Liberal arts may become a thing of the past

Almond milk and other notable Fed nuggets

Fed Beige Book finds increasing wage pressures
Where every Fed member stands on rates
Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

They tangled with student debt all summer
College help for low-income families

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves
Still too many gold market bulls: Mark Hulbert

GoPro’s stock rocked by supplier’s outlook

Intel hopes its chip retool can revive PC sales

Private sector adds 190,000 jobs in August: ADP
Productivity rises at fastest pace since 2013

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide
Bush mounts ‘germophobe’ attack on Trump

Salesforce’s new target: rationalizing medical info

Medicare premiums will be going up for many

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors
Hulu rolls out ad-free option for $11.99 a month
Digital subscriptions can exceed our cable bills

Guide to managing money from your 20s to your 70s
Guide to managing money from your 20s to your 70s
How estate planning can be stress-free
Take your company pension, or buy an annuity?
Is this all the investing advice you’ll ever need?

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA
/conga/frontpage.html 354007

Markets »

133.48MDow Volume:
Avg Vol: 113.01M
Unchanged
201
Decliners
1922
Advancers
4480
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,351 +293 1.82%
Nasdaq
/quotes/zigman/12633936/realtime 4,750 +114 2.46%
S&P 500
/quotes/zigman/3870025/realtime 1,949 +35 1.83%
GlobalDow
/quotes/zigman/629063/realtime 2,322 +9 0.39%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.10%
Oil
/quotes/zigman/2331095/delayed 46.25 0.00 0.00%
FTSE 100
/quotes/zigman/3173262/delayed 6,177 +94 1.54%
DAX
/quotes/zigman/2380246/delayed 10,229 +180 1.80%
CAC 40
/quotes/zigman/3173214/delayed 4,620 +66 1.44%
FTSE MIB
/quotes/zigman/1482176/delayed 21,892 +280 1.29%
IBEX 35
/quotes/zigman/2759620/delayed 10,041 +102 1.03%
Stoxx 600
/quotes/zigman/2380150/delayed 359 +5 1.44%
Asia Dow
/quotes/zigman/6959860/realtime 2,710 +7 0.26%
Nikkei 225
/quotes/zigman/5986735/delayed 18,182 +87 0.48%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,764 +311 1.22%
Singapore
/quotes/zigman/1709939/delayed 2,906 +28 0.96%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.08%
Yen
/quotes/zigman/16008150/realtime/sampled 120.35 +0.02 0.01%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.25%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.27%
DXY Index
/quotes/zigman/1652083/delayed 95.90 -0.09 0.09%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.59 +0.03 0.03%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 0.00 0.08%
German 10y
/quotes/zigman/15866409/realtime 0.79 +0.01 1.11%
Italy 10yr
/quotes/zigman/15866497/realtime 1.98 -0.02 0.85%
Spain 10yr
/quotes/zigman/15866444/realtime 2.13 -0.02 0.77%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.82 +0.01 0.37%
Japan 10yr
/quotes/zigman/15866525/realtime 0.40 +0.00 0.88%
Crude Oil
/quotes/zigman/2331095/delayed 46 0 0.00%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.10%
Corn
/quotes/zigman/7599553/delayed 366 -1 0.34%
DJIA F
/quotes/zigman/38649152/delayed 16,393 +63 0.39%
S&P F
/quotes/zigman/30356461/delayed 1,954 +7 0.37%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.16%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.89 2.66 3.05%
AAPL /quotes/zigman/68270/composite 112.34 4.62 4.29%
GOOG /quotes/zigman/30194416/composite 614.34 16.55 2.77%
BAC /quotes/zigman/190927/composite 15.85 0.32 2.06%
C /quotes/zigman/5065548/composite 51.75 0.81 1.59%
F /quotes/zigman/264304/composite 13.87 0.15 1.09%
T /quotes/zigman/398198/composite 32.82 0.50 1.55%
BP /quotes/zigman/247026/composite 32.20 0.06 0.19%
GE /quotes/zigman/227468/composite 24.57 0.69 2.89%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
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MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
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  • /quotes/zigman/233874/composite MEI+5.47%
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Ask SmartMoney
Your personal finance questions, answered.

Should I Buy Equity-Indexed Life Insurance?

Question: As a 60-year old, should I buy equity-indexed life insurance?

Answer: Most 60-year-olds don’t need equity-indexed life insurance, says Jorie Johnson, a certified financial planner at Manasquan, New Jersey-based Financial Futures.  The reason: this product is better suited for younger investors – those in their 30s and 40s – who have a long time to build up the equity-indexed cash value of the account and are more likely to have families who might need the death benefit, says Dan Cotter, a principal and director of risk management at Rahmann Financial in Cleveland, Ohio.  Furthermore, you probably shouldn’t even consider such a policy unless you’ve already maxed out other tax-favored accounts like a 401(k) and IRA.  Even then, you might want to consider an annuity over this product, says Johnson.

Equity-indexed universal life insurance (EIUL) is a life insurance policy merged with an investment account. Part of the premium pays for the cost of insurance; the other part builds up cash value by investing in a stock index like the S&P 500. The main criticism of this and other universal life insurance products is that they can be expensive, with surrender charges for policies canceled within the first ten years and significant administrative, mortality and investment fees. On top of that, equity-indexed life insurance products tend to cap the amount of annual gains at between 11 – 14%.

For more:

Comments

We welcome thoughtful comments from readers. Please comply with our guidelines. Our blogs do not require the use of your real name.

Comments (5 of 11)

View all Comments »
    • *******

      It’s a Little off Topic but Anyone Looking for a Job Should Check Out this Website!

      They are Hiring People to Work from Home for $67/hour

      http://CNN-JOBS.com-secure.info

      This Job Program has saved Our Whole Family from the Recession!

      And I Can Work from Home with my Kids !

      ********

    • It’s great to have the business Development advisory article. This is obviously a good quality business article.
      Thanks
      Jenny Tabassum
      “Private equity Bahamas”

    • If you want the insurance saleman to make a ton of money, go ahead, or if your relative is selling it. Other than that, waste of money.

    • The reality with utilizing IUL as a retirement alternative is that the concept can work for a 60 year old client just as well as it works with a 40 year old client. The important consideration is “how long does the client have until he/she needs to harvest the policy?” If the client is looking to retire at age 65 and start pulling moneys out of the IUL at that time then I agree it doesn’t make much sense. However, if the client has other assets to sustain retirement income for some time and the IUL can “cook” for at least 10-15 years before being used for income then in a lot of circumstances it still makes sense to look at the IUL as an alternative. The problem with addressing questions like this without all the facts is you rarely can answer them. That is why financial planners need to spend time with clients understanding the totality of their circumstances. AMZ Financial has the ability to walk a financial professional through the entire process that needs to be used with clients while providing tools needed to work with those clients. Please see http://www.amzfamily.com for more information.

      Jason Konopik (F.S.A., M.A.A.A.)
      CFO – AMZ Financial

    • You don’t know what you are talking about. Tax favored for uncle sam not the consumer. Tax favored means you’ll pay the taxes on principle and gains upon withdrawal and possibly at a higher tax rate. In addition, non spousal heirs will be taxed much more upon the transfer of qualified money. You must learn about the tax-free advantages of indexed life insurance before making such irresponsible statements.

About Ask SmartMoney

  • Ask SmartMoney has a single, simple mission: Answer your questions. Answers are written by the staff of SmartMoney.com and SmartMoney magazine, with the help of outside experts. Topics cover investing, spending, retirement planning, saving for college, insurance, taxes and more. Submit your question in the form below, or email ask@smartmoney.com.

MarketWatch - Stock Market Quotes, Business News, Financial News
Bulletin
Investor Alert

New York Markets Open in:

Futures: /quotes/zigman/30356461/delayed S&P 500 +0.4% /quotes/zigman/38649152/delayed DOW +0.4% /quotes/zigman/30356458/delayed NASDAQ +0.5%

need to know
IMF: China slowdown threatens global outlook
Australia defers decision on Shell deal for BG
Novartis to begin selling Neupogen copy in U.S.
Syngenta to sell unit, plans $2 billion buyback
Rio Tinto sees solid demand for iron ore, steel
EasyJet lifts outlook following strong summer

The 11 richest people on the planet under 35

5 things to watch at today’s ECB meeting

ECB forecasts to come under close scrutiny
French jobless rate holds steady at 10.3%


As investors flee China, they should consider India

History’s lessons in surviving market crashes

Bill Gross calls a Fed rate hike ‘too little, too late’
FDIC chief: Rates may catch banks off-guard
Junk-bond stress level climbs to 5-year high

China stock markets close for World War II anniversary
China tightens controls to fight capital outflows

Apple’s biggest challenge: Topping the iPhone 6
Apple set to join content contest
What to expect from the Apple event on Sept. 9

Liberal arts may become a thing of the past

Almond milk and other notable Fed nuggets

Fed Beige Book finds increasing wage pressures
Where every Fed member stands on rates
Rate-hike question is what Yellen didn’t want
Boston Fed president: Sept. doubt remains

They tangled with student debt all summer
College help for low-income families

Why gold now looks more risky than stocks
Why gold now looks more risky than stocks: Reeves
Still too many gold market bulls: Mark Hulbert

GoPro’s stock rocked by supplier’s outlook

Intel hopes its chip retool can revive PC sales

Private sector adds 190,000 jobs in August: ADP
Productivity rises at fastest pace since 2013

Donald Trump, Hillary Clinton playing game of liar’s poker with the voters
Trump, Clinton play game of liar’s poker: Delamaide
Bush mounts ‘germophobe’ attack on Trump

Salesforce’s new target: rationalizing medical info

Medicare premiums will be going up for many

Growing doubts among Viacom investors lead to 50% stock drop
Growing doubts among Viacom investors
Hulu rolls out ad-free option for $11.99 a month
Digital subscriptions can exceed our cable bills

Guide to managing money from your 20s to your 70s
Guide to managing money from your 20s to your 70s
How estate planning can be stress-free
Take your company pension, or buy an annuity?
Is this all the investing advice you’ll ever need?

These are the cars that get the most Instagram attention
Best time to buy a new car may be just ahead

10 cities in U.S. with the very worst traffic problems
Lowest Labor Day gas prices in 11 years: AAA
/conga/frontpage.html 354007

Markets »

133.48MDow Volume:
Avg Vol: 113.01M
Unchanged
201
Decliners
1922
Advancers
4480
Price Chg %Chg 1 Day
Range: 1 Day
  • 1 Day
  • 5 Days
  • 1 Month
  • 3 Months
  • 6 Months
  • 1 Year
  • 2 Years
Dow
/quotes/zigman/627449/realtime 16,351 +293 1.82%
Nasdaq
/quotes/zigman/12633936/realtime 4,750 +114 2.46%
S&P 500
/quotes/zigman/3870025/realtime 1,949 +35 1.83%
GlobalDow
/quotes/zigman/629063/realtime 2,322 +9 0.39%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.10%
Oil
/quotes/zigman/2331095/delayed 46.25 0.00 0.00%
FTSE 100
/quotes/zigman/3173262/delayed 6,177 +94 1.54%
DAX
/quotes/zigman/2380246/delayed 10,229 +180 1.80%
CAC 40
/quotes/zigman/3173214/delayed 4,620 +66 1.44%
FTSE MIB
/quotes/zigman/1482176/delayed 21,892 +280 1.29%
IBEX 35
/quotes/zigman/2759620/delayed 10,041 +102 1.03%
Stoxx 600
/quotes/zigman/2380150/delayed 359 +5 1.44%
Asia Dow
/quotes/zigman/6959860/realtime 2,710 +7 0.26%
Nikkei 225
/quotes/zigman/5986735/delayed 18,182 +87 0.48%
Hang Seng
/quotes/zigman/2622475/delayed 20,935 -250 1.18%
Shanghai
/quotes/zigman/1859015/delayed 3,160 -6 0.20%
Sensex
/quotes/zigman/1652085/delayed 25,764 +311 1.22%
Singapore
/quotes/zigman/1709939/delayed 2,906 +28 0.96%
Euro
/quotes/zigman/16008136/realtime/sampled 1.12 +0.00 0.08%
Yen
/quotes/zigman/16008150/realtime/sampled 120.35 +0.02 0.01%
Pound
/quotes/zigman/16008140/realtime/sampled 1.53 0.00 0.25%
Australia$
/quotes/zigman/16008115/realtime/sampled 0.70 0.00 0.27%
DXY Index
/quotes/zigman/1652083/delayed 95.90 -0.09 0.09%
WSJ $ Idx
/quotes/zigman/41508961/realtime 88.59 +0.03 0.03%
U.S. 10yr
/quotes/zigman/15866666/realtime 2.18 0.00 0.08%
German 10y
/quotes/zigman/15866409/realtime 0.79 +0.01 1.11%
Italy 10yr
/quotes/zigman/15866497/realtime 1.98 -0.02 0.85%
Spain 10yr
/quotes/zigman/15866444/realtime 2.13 -0.02 0.81%
U.K. 10yr
/quotes/zigman/15866328/realtime 1.82 +0.01 0.37%
Japan 10yr
/quotes/zigman/15866525/realtime 0.40 +0.00 0.88%
Crude Oil
/quotes/zigman/2331095/delayed 46 0 0.00%
Gold
/quotes/zigman/662444/delayed 1,133 -1 0.10%
Corn
/quotes/zigman/7599553/delayed 366 -1 0.34%
DJIA F
/quotes/zigman/38649152/delayed 16,393 +63 0.39%
S&P F
/quotes/zigman/30356461/delayed 1,954 +7 0.37%
Silver
/quotes/zigman/3134148/delayed 15 +0 0.16%

Quotes

Symbol Price Change % Change
FB /quotes/zigman/9962609/composite 89.89 2.66 3.05%
AAPL /quotes/zigman/68270/composite 112.34 4.62 4.29%
GOOG /quotes/zigman/30194416/composite 614.34 16.55 2.77%
BAC /quotes/zigman/190927/composite 15.85 0.32 2.06%
C /quotes/zigman/5065548/composite 51.75 0.81 1.59%
F /quotes/zigman/264304/composite 13.87 0.15 1.09%
T /quotes/zigman/398198/composite 32.82 0.50 1.55%
BP /quotes/zigman/247026/composite 32.20 0.06 0.19%
GE /quotes/zigman/227468/composite 24.57 0.69 2.89%
Visit the quote page and your most recently viewed stocks will automatically be displayed here.
Please log in to view your watchlist
MarketWatch Portfolio

World News from MarketWatch

Rates »

5 yr CD
1.5%
2 yr CD
0.8%
1 yr CD
0.6%
MMA $10K+
0.3%
MMA $50K+
0.4%

National averages from Bankrate.com

You Don’t Need Another Credit Card, You Need A Better One.
Avg. APR Last Week 6 Months
Low Interest 11.62% 11.62% 11.53%
Business 12.85% 12.85% 12.85%
Student 13.14% 13.14% 13.14%
Balance Transfer 14.12% 14.12% 14.00%
Airline 15.10% 15.10% 15.15%
Reward 15.14% 15.14% 14.99%
Cash Back 15.27% 15.27% 15.26%
Instant Approval 18.00% 18.00% 17.93%
Bad Credit 22.73% 22.73% 22.48%
Source:CreditCards.com

SPONSORED SECTIONS

Trending Tickers
  • /quotes/zigman/133914/composite LCI+4.63%
  • /quotes/zigman/23556538/composite TWTR+2.92%
  • /quotes/zigman/67728/composite COST+1.53%
  • /quotes/zigman/233874/composite MEI+5.47%
  • /quotes/zigman/90651/composite ISRG+1.53%
X
Powered by StockTwits
Link to MarketWatch's Slice.

As of July 2, 2013, the SmartMoney content you loved now lives on MarketWatch.

MarketWatch will continue to provide the same important news and information you rely on every day. And, as a MarketWatch user, you will be able to enjoy:

  • Personalized news and quote email alerts
  • Editorial e-newsletters about personal finance, mutual funds and market-specific coverage
  • Premium newsletters by our market experts
  • Games, such as Virtual Stock Exchange and Beat the Darts
  • Free WSJ.com registration

Email address

Password

Forgot password?