News
S & P Downgrade
Launch
Should you be concerned? Recently the S & P downgraded the US Long Term Credit rating from stable to a negative watch. This is the first time since 1933 that this has happened. The simple reason for this downgrade is that our external debt position might not fully offset the credit risk over the next two years. In simple words, our country has over extended itself and this is about to affect us all through securities, variable annuities and cost of living Now I know…
Fixed Annuities vs. Variable Annuities
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You Be the Judge COMPARE! FIXED ANNUTIESNo Risk to Principal VARIABLE ANNUITIES – Risk to Principal Principal guarantee Yes No Death Benefit (Monthly deductions) No Yes Internal fees No Yes Loads No Yes Internal costs & changes No Yes Guarantee fund protection Yes No Market risk No Yes Trail commissions deducted from account performance No Yes Taxable upon death Yes Yes Complicated & confusing No Yes Medicaid friendly Yes No Minimum interest guaranteefloor protection Yes No Grows tax deferred Yes Yes Participation in stock market…
Economic Realities
Launch
Economic realities that imperil the average American’s future…and what to do about it. It is no surprise to anyone that the economy is suffering. Recessions happen but so do recoveries right? Not so fast. New data is revealing some shocking realities. Certain fundamental and structural issues are driving this negative environment and the potential that this may be a long-term reality. What is not often being reported is the fact that the middle class in America is dissolving. Further, lower income and lower-middle income workers…
