1.
Investment Legend Stanley Druckenmiller on DOGE: “Manifestation of the craziest monetary policy in history. It’s just this wave of money in the Greater Fool Theory. Having said that, I wouldn’t short it because I don’t like putting campfires out with my face. So I pretend DOGE doesn’t exist.”
2.
I sure wish the media and our government recommended good nutrition, vitamin supplements and sunlight as much as they are selling the vaccines. Strange, isn’t it?
3.
Your senior clients need more direction. Many are being instructed by younger relatives to move funds into risky alternatives; and many are listening. Reach out to your mature clientele and reinforce the primary objective: A safe, balanced nest-egg with market appreciation.
4.
So we outsource medications, computer chips and valuable resources to a country that may want to rule the world. How do we have any leverage when conflicts ensue? What happens when we want to move businesses elsewhere? Sounds like they have us by the jewels…
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Is a 2+% guarantee not good enough for your clients? Are they expecting more return? Do they completely comprehend risk/volatility and what it could do to a portfolio? Most advisors do not understand volatility and how few assets are insulated against its damage. The bottom line is fixed annuities are anti-volatility. Let me know if you need to discuss further…
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