Happy New Year everyone! It looks as though it’s time to get back to work after the holidays so I’m going to tackle a subject that seems to be creating some debate recently.
The stock market has been on an impressive run over the past couple of years causing many people to shed the apprehensions that followed a disastrous 2008.
Which side of the fence are you on? Is this rally the real deal. Since most investors are cheering the market’s run I want to remind people not to get too excited. Brett Arends of the WSJ talks about this “Santa Rally” at length in a recent column. Read Brett’s article here…
The article presents several good reasons why it may be a good idea to take some chips off the table and protect your gains. It’s the difference between a big mistake and a little mistake. Do you want to continue to carry high risk or protect your assets? The market is at it’s highest level in two years and although economic conditions seem to be improving, we still have several lingering problems that can end the party in a hurry.
Whatever happens is entirely your choice and the big disclaimer here is that I’ve always been conservative with investments.
Call or email anytime for a honest discussion of how safe investment vehicles, such as annuities, hold pace with other assets through all the up and down years. Do you want to worry about your money disappearing or not?
Best Wishes For a Prosperous 2011!!!
Bryan J. Anderson
800.438.5121 [email protected]