Take a look at the chart above of the Dow Jones over the past 5 days - "the market giveth and the market taketh away."
Today it "took away" 372 points, or 1.78%...
As a refresher for anyone reading this blog, here are some things to consider right now:
Here's the problem - everyone knows, deep down, that the stock market is not designed to protect their money, but they leave their money in there anyway - it's my belief that many people don't know they have a choice.
They know another financial "hurricane" is coming eventually, similar to 2008-2009, but it's just easier to be complacent than to be proactive, take action and protect their money
So here's a "Plan B" - here's something for you to consider - it's an idea you may not have thought about doing or didn't know that you could do...
Since the stock market has moved higher over the past several months, have you ever thought about "taking some of the chips off the table," i.e. taking a part of your nest egg that you cannot afford to lose, moving it "out of harm's way" and literally insuring it against loss?
Right now, your account's value is higher right now than it was a year ago but it still hasn't been "locked in" and actually captured, has it?
At some point in the future, we both know the market will head down and, because your account in the stock market is not insured against loss, you and I both know what's gonna happen - your account will give back its gains - it' ain't gonna be pretty and you're not gonna like it...
We both know it's coming... it's not a matter of "if," we all know it's a matter of "when."
It happened to you in 2000-2001 and again in 2008-2009...
So this time, make the decision to be proactive, get out there ahead of the approaching "hurricane" and at least get part of your money protected.
What's required to make this happen? The "stroke of a pen."
What is the cost to make this happen? A big, fat $0...
You heard it here first... send me an email or call with your questions...
rick@NestEggSecurity.com
toll free (844) 370-SAFE or local (713) 206-3885...
Just sayin...
Today it "took away" 372 points, or 1.78%...
As a refresher for anyone reading this blog, here are some things to consider right now:
- The time to get car insurance is before you have an accident
- The time to get homeowner's insurance is before your house burns down
- The time to get out of Galveston is before the hurricane comes ashore
Here's the problem - everyone knows, deep down, that the stock market is not designed to protect their money, but they leave their money in there anyway - it's my belief that many people don't know they have a choice.
They know another financial "hurricane" is coming eventually, similar to 2008-2009, but it's just easier to be complacent than to be proactive, take action and protect their money
So here's a "Plan B" - here's something for you to consider - it's an idea you may not have thought about doing or didn't know that you could do...
Since the stock market has moved higher over the past several months, have you ever thought about "taking some of the chips off the table," i.e. taking a part of your nest egg that you cannot afford to lose, moving it "out of harm's way" and literally insuring it against loss?
Right now, your account's value is higher right now than it was a year ago but it still hasn't been "locked in" and actually captured, has it?
At some point in the future, we both know the market will head down and, because your account in the stock market is not insured against loss, you and I both know what's gonna happen - your account will give back its gains - it' ain't gonna be pretty and you're not gonna like it...
We both know it's coming... it's not a matter of "if," we all know it's a matter of "when."
It happened to you in 2000-2001 and again in 2008-2009...
So this time, make the decision to be proactive, get out there ahead of the approaching "hurricane" and at least get part of your money protected.
What's required to make this happen? The "stroke of a pen."
What is the cost to make this happen? A big, fat $0...
You heard it here first... send me an email or call with your questions...
rick@NestEggSecurity.com
toll free (844) 370-SAFE or local (713) 206-3885...
Just sayin...
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