US Stock Market Trending Down*
Canadian Stk Mkt Trending Down
US Bond Yields Yield’s Trending Down
Jeff’s Weekly Stock Market Commentary: Global Market Risk Is Increasing
There have been several events that have occurred in the last days and weeks that, in my opinion, signify that the inherent market risk around the globe is increasing. When a risk manager uses the term ‘risk’, what he or she is really talking about is uncertainty.
National Security Investment Consultant Institute (NSIC) Founder’s Class attendee. Attention Retired Investors: Your bank and brokerage accounts are under assault. Here’s how you can protect yourself.
A week doesn’t go by that we don’t hear about a bank or big corporation being the target of a cyber-attack. Here is how to better protect your online bank and brokerage accounts from thieves.
In October of 2014, several major banks were successfully hacked, including JP Morgan. According to this article hackers accessed information about 76 million JP Morgan Chase customers and 7 million small businesses. It has been reported that these attacks could be the work of Russian and/or Iranian hackers, possibly working for the governments. View the article here.
Your Retirement Income Strategy – A Good Option
This is the simplest strategy and doesn’t require any special retirement income investing knowledge.
The risks are easy to see. This option is to rely on ultra-safe investments like CD’s or government guaranteed bonds. There are even inflation protected treasury securities. Frankly, I think you are better off using CDs than buying one of those annuities we’ve been talking about. They don’t fluctuate based on the market, what you see is what you get—there’s no hidden surprises.
Better yet, you don’t risk losing any principal like you do in an annuity. The most you can lose with a CD is some of the interest you’ve earned (assuming you are under the $250,000 per bank limit).