I am telling clients of our financial planning group, friends, and followers living in the U.S., I’m truly petrified of how little or no regard is being paid by individual investors and the so-called professional community, to an ever-increasing number of bearish economic, social, and political factors present now (and getting worse as each day passes).
Having once avoided them like the plague, “Fixed-Index Annuities” are now worthy of consideration, especially if one is going to remained invested for the next 5-7 years.
The loss of principle (or even just no actual gains) is not part of most plans now, on the belief the stock market always goes up.
Given sky-high valuations, a number of crisis unlike any other time in our history, and most individuals and professionals alike unaccustomed to mental and financial anguish, I truly believe accepting a 6 or 7% gain yearly, with no loss of principle possible over the next 5 to 7 years, is something that should be considered by many, ASAP!
In regards to gold, I still believe we can ultimately get to $5,000, but we became extremely overbought, far too much bullishness, and we had extraordinary gains to lock in. I could very much live with a strategy that allows 10%+yearly gain in gold and no loss of principle, over the next 5 to 7 years. Whether you own gold now or are considering it for the first time, this is a safe versus sorry play I think should be considered by many.
If you’re a U.S. resident, are serious about this as a possible strategy for your self, and have at least $100,000 to put to work in one or more of these vehicles, please email me. But please, don’t if you just want a brochure or the name(s) of them. Only serious-minded people should contact me – peter@petergrandich.com
We do it and also refer someone outside of our organization.
