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Index-Linked Annuities Offer A Clever Slight of Hand
The magician smiles as he removes his hat. He tips it to the audience so they can see inside. Then a dove flies out. Two seconds later, he winks, nods, then pulls out a rabbit. We know it’s a trick. But we’re often less certain when offered magical investment options.
Ignore “Experts” Building Coffins for the 60/40 Investment Model
After 31 years of investing, here’s the most important thing I’ve learned: nobody can predict the future. Unfortunately, there’s no shortage of fortune-tellers. They claim to predict where stocks, bonds, gold, currencies or oil prices are going next. If I listened to those predictions, I might be broke today.