Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

But, I’m not referring to those examples. Instead, I’m referring to the insurance product. Why? Because Annuities are rising in popularity. LIMRA reports that total U.S. annuity sales increased 22% to ...

In simple words, an asset is something of value that you own and can convert to cash. Your car is an asset and so is your house because you could sell either one and receive its value in cash.