Somebody left the gate open, the cows are out, the horses are running wild, the pigs need a bath, the rooster has disappeared and the hens aren’t laying eggs anymore. Things on the farm aren’t what they used to be. “Woe is me,” says today’s investor.
The stock market has gone crazy, experiencing all-time record losses. What an opportunity. Folks tend to think they have lost too much value to dare making any changes today. They think they must wait until the market recovers in order to justify making a move. Their broker told them to “buy and hold” or perhaps to “dollar cost average.” However, now is the time.
Let’s examine why people need not wait until the market recovers to take advantage of benefits of owning equity-linked indexed annuities today. The timing is advantageous to go ahead and make the move they should have made over a year ago, before the market did its cyclical downturn. The move: “Reposition your retirement nest egg.”
Consider this. Following are reasons why your prospects need to seize the opportunity to reposition a portion, if not most, of their portfolio into equity linked indexed annuities … now.
Number One: Clients “lock” in their current position and prevent additional losses due to future market deterioration. A major tenet of the ELIA is that the owner never participates in the downside of the market – guaranteed. As the market recovers, ELIAs move right on up the ladder of gains.