Various Non-Bald Discussions > General Discussion
Stock Market
Johnny:
I noticed the markets are rockin' today. It's nice to see the retirement account go north instead of sideways.
BaldRob:
Always a good thing!
PigPen:
Yes, that would be a positive move. I concur
Robmeister:
The question is, if the market tanks...or I should say, WHEN the market tanks will you still go sideways or will you lose money?
There are newer vehicles available where you can participate in market gains...and LOCK IN THAT GAIN when the market tops out. On the downward side...you just move sideways. No mutual fund, diversified market mix, asset allocation or variable product does that.
Kinda the best of both worlds. You don't have to settle for the lower yield bond funds or CD's if you want safety of principle. You can preserve your principle at all points, participate in market gains and be protected from market losses.
That's my business--I'm a safe money retirement specialist. You'd never know by looking at my picture 8)
PigPen:
Honestly, I don't have a clue. I know how much the company and myself have put there, but that is about all I can tell you.
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