QUICK sand INvesting
The action in the markets should be of concern to anyone with one eye open.The market seemingly on the move from ONE NEWS story to then next..... NOW we are to believe that "falling oil" is the catalyst for improving prices......let us NOT be concerned with a SLUMP in durable goods and because maybe the FED won't keep raising...how wonderful.
Are we to think do not worry about inflation? When the VERY GOV report that states it is falsified? with BS from renters equivalent data?And the job market who can tell between people who begin looking again to those who have given up? and those taken away or ADDED by the net birth/death MODEL?
SOLID footing is nowhere to be found.Bonds soar as flight to safety even as gov need for debt becomes insatiable? when the rate is FAR below the inflation rate, even though we know a normalizing must occur.
We are in a time where a very aggresive DEFENSIVE posture should be had.....and maybe none taken, IMHO LOOK at prices vascilate around today, damn, almost every day forlast week....schizo market, and it needs prozac.
I understand ING is offering a 7% guranteed ANUUITY with a 5% BONUS, as IUnderstand IF you invest the money and the 7% is what is better to get it, you MUST annuitize it after 10 years, then you get the 7% and it is paid out to you over an equal but specifiied period, you no longer have access to the LUMO SUM, but it is rather safe!
I have 2 accounts with MANULIFE called GRIP doing the same thing for 6%,this is what I WANTED SAFE at the BOTTOM of my investment pyramid.
D
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