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re: OT - DNC Imploding
Posted on 8/1/16 at 9:34 pm to deeprig9
Posted on 8/1/16 at 9:34 pm to deeprig9
Why are you suddenly so condescending and rude?
You obviously have no idea how annuities or cash value life insurance works.
Inside each of these annuities and the IUL's, you can invest in income funds. Funds of funds managed by money managers like maybe Blackrock or First Eagle, or even specific funds that only hold preferreds (you know, dividend paying stocks).
There's a reason I call these "vehicles". Nearly everything you can invest in inside a ROTH, I can do something similar inside an annuity of cash value life policy.
You need to remember that I'm approaching this as if the market is going to have a big correction soon.
If the market goes from 18,000 to 9,000, and you got IN at 18,000, you're not going to average 5% over the next 10 years.
You sure you're a financial "expert"?
You obviously have no idea how annuities or cash value life insurance works.
Inside each of these annuities and the IUL's, you can invest in income funds. Funds of funds managed by money managers like maybe Blackrock or First Eagle, or even specific funds that only hold preferreds (you know, dividend paying stocks).
There's a reason I call these "vehicles". Nearly everything you can invest in inside a ROTH, I can do something similar inside an annuity of cash value life policy.
You need to remember that I'm approaching this as if the market is going to have a big correction soon.
If the market goes from 18,000 to 9,000, and you got IN at 18,000, you're not going to average 5% over the next 10 years.
You sure you're a financial "expert"?
2
Posted on 8/1/16 at 10:30 pm to BeefDawg
Fees can devour principal. So how many intermediaries do you want between you and the earnings stream. Equities then funds of equities then funds of funds then an investment advisor who places you in funds and might be compensated by those funds.
A person spends a lifetime earning money. Countless hours, days, weeks, months and years. Spend the time necessary to learn how to invest wisely. Investing isn't rocket science. Read Graham and Dodd. Start reading annual reports and concentrate on yearly results instead of quarterly. Pay special attention to the notes to financial statements. Equity diversification can be accomplished by owning positions in as little as five companies.
In the final analysis, the only person you can trust is yourself and no other person is as motivated to protect your interests as you are.
A person spends a lifetime earning money. Countless hours, days, weeks, months and years. Spend the time necessary to learn how to invest wisely. Investing isn't rocket science. Read Graham and Dodd. Start reading annual reports and concentrate on yearly results instead of quarterly. Pay special attention to the notes to financial statements. Equity diversification can be accomplished by owning positions in as little as five companies.
In the final analysis, the only person you can trust is yourself and no other person is as motivated to protect your interests as you are.
Posted on 8/2/16 at 4:31 am to BeefDawg
If your vehicles return 7%, and there is no catch, then why not put up some billboards and a 1-800 number, and fire all the salesmen? The phone would be ringing off the hook. You wouldnt be able to keep up with the orders.
"You have to get the numbers right"
"No guarantee"
"Locked in"
Bank of America could put up the same billboard at just 3% and every branch would be mobbed.
"You have to get the numbers right"
"No guarantee"
"Locked in"
Bank of America could put up the same billboard at just 3% and every branch would be mobbed.
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