Recently the Dow set an all-new record –- albeit not a record to be proud of –- when it plunged nearly 1,000 points in a single day of trading before it recovered to a loss of 348 points by day’s end.
Investors around the world watched the free fall in horror, catching their breath as the spiral finally slowed and trading improved.
As it turns out, the drop was in part due to technical errors which in turn triggered further losses, but whatever the cause, the roller coaster ride was enough to leave more than a few investors shaken.
This is just one more example that makes it clear: Serious retirement money can be better off when it is not directly invested in the stock market.
Too many soon-to-be retirees –- and those already in their “golden years” –- find themselves vulnerable to the sharp ups and downs the stock market can bring.
Similarly, those with their money in 401(k)s and IRAs can be significantly impacted by bad days on Wall Street.
On the other hand, these investors want solid returns that help their retirement savings gain momentum.
Safe but sluggish CDs, money markets and similar vehicles can take too long, with too little return to make a difference.
Ideally, it would be nice to find retirement savings vehicles that can benefit from the ups of the stock market, while being protected from the downs.
There is a type of investment that offers this safety and rate of return.
What’s more, it offers liquidity to protect you in times of need. And by properly utilizing indexing, you can take advantage of the up ticks in the stock market, while sparing yourself the agony of the down ticks.
It’s all available through maximum-funded, tax-advantaged insurance contracts; they can provide a best-of-all-worlds solution to retirement planning.
Find out more today so you can feel secure, watching the world ride the ups and downs of the stock market, while you steadily take your journey toward your retirement.
Isn’t It Time You Became Wealthy?
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This week Doug Andrew discussed the following:
