Doubleday Insurance Agency Blog

   The DOW dropped 280 points yesterday!  Why?  What's the reason for this?  Will it continue dropping?

   The reason given for the large drop in one day was blamed on the "jobs market" or lack of same.  How long will this go on?  Well,  if it really was caused by the jobs market I would say it will be a long, long time before that situation improves. 

   But NOT ONE OF MY CLIENTS accounts reduced in value yesterday.  NOT ONE!  How did yours do?  I can show you why our clients did so well.  Through one of our Insured/Protected Retirement Plans that are safe from this kind of 'tank' in the market.

    The Wall Street Journal said yesterday "Sure 'nuf, we are in a double dip housing market that we didn't expect".  Really now?  What do you think is going to happen when QE2 runs out in 28 days?

    Wouldn't you really like to protect and preserve what you have worked all your life to have in Retirement?  YOU can take control of your finances today with our help.  Don't be like the many folks in their early 70's that I rountinely meet with who are retired and have more than 80% of the monies it's taken them 40 years to save in risk-intensive equities and mutual funds -- because their advisor has so allocated them.  What happens when a 70-plus investor - who once loved the complexity and excitement of active trading/management -- has a stroke and can't remember his name, never mind trade his or her account a week later?  Typically, the less-involved spouse becomes the de facto successor "portfolio manager" of the couple's investments.  This comes at exactly the same time when he or she is suddenly overwhelmed by his or her new duties as a caregiver.

    Suppose it's the wife:  Yesterday she was planning their trip to Europe and this month she is dealing with home health agencies, pharmacies, and shopping for assisted living.  When she receives the couple's next quarterly statement she has no idea what that entry on page 18 of 34 means, and she has no idea why the account has lost money either.  A fixed indexed annuity is clearly the better way for some of the funds held by such a couple. 

    Using a fixed indexed annuity they can guarantee their future income will never go down.  However, with some of the newer plans, their income may go up over time.  This is called "peace of mind" folks!  It's what you will want when you get older, believe me.  I speak with these people all the time.  I am now one of them except I have no money in the market at all.

    We write your Iowa Home Insurance and your Iowa Car Insurance so why not ask us about your retirement program?

    Are you waiting for another large drop in the DOW before you call?  I hope you don't.  For your sake.

    Call now at 1-877-855-0473 for a free booklet regarding annuities.  Be informed about your retirement.