1.

I think the buffet-type annuities had more merit a few years ago. Downside protection of 10%? Really? That’s enough protection for you? For the record; I purchase gold coins with a sales charge of 7% and I don’t think twice about the fee because the gold upside/protection is substantial. Very substantial in my opinion. So if a 7% fee is accepted, will 10% really work well in a crisis? In these markets??

2.

The Buffet Indicator compares U.S. total market cap to GDP. In the post-war era, that number,on average, has market cap as 80% of GDP. On Average. GDP now roughly stands at $20 trillion so the Buffet Indicator would make our market cap at about $16 trillion. Currently, our market cap is about $48 trillion. That’s three times the average market cap. 3 Times. And, we aren’t going to grow our way out of this hysteria either. Now you understand why I’m running scared…

3.

The Federal Reserve only had 16 years to screw everything up by 1929, now they’ve had 108 years…

4.

I know 2% doesn’t sound too appealing when compared to our go-go markets. A fixed annuity is your prevent defense in our pass-happy world. Taking money off the table, especially for seniors, is the most sound decision currently. I would stay with A rated carriers and yield would not be a top priority. NestEgg can assist you in your transfers. Contact us for information.

5.

The Fed is a master communicator. They managed to spin the narrative so that anything they do is viewed as “bullish.”
1. Fed is hawkish: Stocks up because economy is strong.
2. Fed is dovish: Stocks up because of supportive policy.
3. Fed is neutral: Stocks up because inflation is transitory.
Conclusion: The Fed has all the answers…