New and existing investment vehicles (funds, annuities, etc.) offer prototection from the unexpected.
Bret Arend’s June 30th commentary discusses why you don’t need the protection being promoted. Many people react to the marketing and the news bites about the current economic environment by purchasing these products. The article discusses seven reasons why they probably do not need these products.
Sometimes following the KISS (keep it simple stupid) principle can save money and increase returns or minimize losses.
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