Did you benefit from the short BULL market of 2003 to 2007?
If you are like the many, you benefitted from the gains in the market from 2003 to 2007! Or did you? The only people who benefitted are those who didn’t let GREED take over. They pulled out sometime while they were ahead. Those of you who were trying to pull every last dime out of the BULL market may have experienced something different!
NOW, are you waiting for the market to come back? According to Harry S. Dent, the spending habits of the baby boomers will begin to diminish in the next few years…if it hasn’t started now. This drop in spending looks to last for the next 12-15 years before it increases again. With the economy the way it is, combined with the projected drop in spending, I don’t feel we’ll see a 14,000 market for a while. That is almost a 65% gain from where we are today, 8719.
If spending will be decreasing, what does that do to the economy?
I believe that there are some GREAT opportunities available today! If you are retired or near retirement, you better think twice about the amount of risk you can afford to take. Consider using safe options that offer upside potential IF or WHEN the markets start to go back up, but has no downside risk.
Our clients participated in the upward movement of the market from this same period, 2003-2007, but locked in their sweet gains each year. When the market started tanking after October 2007 to the present, our clients sat out this time and protected their principle AND past locked in gains!!!
Want some of this for yourself and your peace of mind? Call us at Integrity Estate Advisors: 1-877-419-1040 for more information!