Recent significant stock market declines and portfolio volatility have many investors inquiring, once again, about the safety of annuity accounts. Consumers ask, “Are annuities safe from a recession? Do they maintain value when the market goes down? Will they lock in my gains each year?” The answer is, yes. Investing in a fixed, an immediate, or an indexed annuity policy will protect your investment from market losses.
Should You Wait Out Another Correction?
Unfortunately, many investors are suffering through similar pains to those experienced during the market slide from 1999 to 2003. Most (not all) brokerage accounts regained their losses from that period of time, but this recent downturn has quickly undone that progress. It is business as usual from the brokers, however. They simply tell their clients to wait it out. Yet, these same brokerage houses are busy selling stocks, trying to lock in profits while their individual clients absorb the losses. Leggi il seguito di questo post »
