I’m writing my article today from sunny Florida… sitting on the beach dreaming about the perfect investment. What if there were a place that I could shift assets to that would never lose money? Wouldn’t that would be great!?
Insured municipal bonds come to mind. But those aren’t paying much. So, the perfect investment would also need to be able to participate in whatever gains the stock market achieves. But I don’t want the risk of loss associated with investing in the stock market. Humm, so I want those potential market gains with no risk of loss. Oh, and I also don’t want to pay any fees. Yeah, that would be great.
Over my 34-year financial career, I’ve seen folks who have lost sooo much money chasing the almighty dollar—investing in the next big thing, trying to time the market, day trading, options trading, and speculative trading. Sometimes they reach out to a well-known brokerage firm and pay high fees only to discover that the broker put them in mutual funds that already have commissions and high internal fees on top of the broker’s fees. Most of the time, they have snuck in proprietary funds from the firm they work for that may have higher fees and com- missions and not necessarily better returns. So, it’s hard to know who you can trust. One thing is for sure, though; nobody has a crystal ball.
With all of the world’s uncertainty, you want to know that what you have saved will last your lifetime. My musing about the perfect investment is not just a pipe dream. What if I told you it actually exists. There is a place one can put assets that have the characteristics I want. I actually own them myself and have been protecting clients’ assets in them for years. A place with:
No fee
No market risk
ׄSemi-liquid for a period, then 100% liquid. ׄ
Tax-advantaged ׄ
Returns tied to the upside of market indexes that can be adjusted periodically.
Ability to create a lifetime income while preserving access to the full value.
Most folks approaching retirement or already retired should consider having a percentage of this type of position in their portfolio. Maybe even half. I do.
To find out if something like this is right for you, call our office for an appointment with your advisor. As always, no charge.
Cheers
No fee liquid.
No market risk Tax-advantaged
Semi-liquid for a period, then 100% Returns tied to the upside of market
indexes that can be adjusted periodically. Ability to create a lifetime income while
preserving access to the full value.
Most folks approaching retirement or already retired should consider having a percentage of this
type of position in their portfolio. Maybe even half. I do.
To find out if something like this is right for you, call our office for an appointment with your
advisor. As always, no charge.
Cheers