Be aware of the latest telephone scams targeting the vulnerable elderly, and make sure your loved ones are protected from financial exploitation. Aside from prepaid credit card scams, some of the other most popular are IRS payments, Social Security, invoice and romance scams. Learn more about them and how you can protect those you love and care for.
When selecting variable or fixed indexed annuities, it’s important to consider how each will affect your overall financial investment strategy. Both come with the added benefit of taking payouts for life, so you don’t have to worry about outliving your investments. But they each have downsides, too. So which is best for your financial investment strategy? Potentially both.
After a volatile August, the S&P 500 increased 1.3% during September as fears of the global slowdown began to dissipate. The respite may be short lived however, as early October ISM surveys indicate a contraction in the manufacturing side of the economy. The key question from here is whether the contraction will spread from the relatively small manufacturing component (approximately 10%) to the much larger services side of the US economy.