Variable annuities and fixed annuities are very different creatures. Fixed annuities earn a set rate of interest for a specific time period. Variable annuities invest your funds in separate accounts (sub accounts) that invest in securities such as stocks and bonds, etc. Each separate account will offer specific investment objectives, you select the accounts that will best help you reach your goal. Here are specific points to understand before investing in variable annuities.
Leading Economic Indicators On March 19th, The Conference Board released its report showing the Leading Economic Index (LEI) for the U.S. up 0.1% as of February to 112.1 (2016 = 100). Following a 0.7 % increase in January, and a 0.3 percent decline in December. The Conference Board report shows the U.S. LEI rose just [...]
Quarantined, isolated and confused Today, March 23, 2020, I am sitting in my home, self-isolated, keeping a social distance away from the rest of the world, and I have a slight tickle in my throat. I am watching TV with one eye on the stock market as the Dow drops lower and lower, and with [...]
Volatility is what drives the stock market, it changes. As it changes, opportunities exist to make money whether betting on a movement up or a movement down of the market. All that is needed to make the stock market work is volatility and what drives volatility? Information.
Can you time the stock market? Over the years, many systems and many experts have tried to do just that. Some have succeeded, but mostly only for a short period of success. The stock market is freewheeling and designed to move the way investors feel it should move. The problem, of course, is that there [...]
Have we hit the bottom? As far as the stock market goes, I mean. It’s hard to tell, but the critical thing to remember is that the recession of 2008 started the week ending 12/31/2007; the market was 13,264.82. It didn’t hit that mark again until the week ending 8/17/2012. Four and a half years [...]
Unprecedented growth in the stock market and now a down slide, why are my clients not calling me? After more than a decade of unprecedented growth without any significant corrections (378% Growth from March 9, 2009, to December 31, 2019*). We have just had one of those Black Swan events occur with the Coronavirus epidemic. [...]
“The truth is that even our politicians do not understand the exponential infection rate of COVID-19. Hubei province went from 44 confirmed cases on January 23 to 4,903 cases (11X) that number a week later. Another week later, they were at 22,112 (4X). Italy, Iran, and South Korea have seen the same insane infection growth.”- [...]
US Treasuries are considered the safest investment in the world. The yield on US Treasuries over the past few months has created great concern over exactly where to deposit money that needs to be safe. US Treasuries have always been considered the safest possible place to keep the money. Since the Coronavirus scare drives the [...]
I recently finished reading a book called ‘The Checklist Manifesto.’ It’s a fascinating book that was written by a surgeon who was struck by the idea that something as simple as a checklist can be the linchpin of a successful outcome, versus complete disaster in some of the most critical of situations. The author spoke [...]