Every day we face investors who are seeking to either pursue their greed or alleviate their fear.
Recent market decline, feeding off of the Fed‘s renewed deflation concerns, elevates fear. Investors are worried about extending the decade of equity market misfortune. More importantly, the baby boom generation is firmly transitioned into an income phase, having completed their accumulation period.
Our company refrain is simple.
Investors are concerned about their principal. Their pensions have been devastated on both a nominal and a real basis. Their residual savings in housing is badly damaged. The stock market is still not undervalued and could, in fact, be overvalued. So, investors should protect their principal and attempt to participate in eventual market appreciation.
, the new private pension.