Watch this 4 minuet video, see, and hear how your Financial Planner\Stock Broker has taken responsibility for doing a poor job in helping you plan for retirement.
At Safer Money Specialist, our process reflects our commitment to safety and keeping it simple. Ronald provides complimentary guidance on products he is willing to invest his own money with. To become a client, Ronald asks that you schedule a complimentary one on one lunch or dinner. During this presentation, Ronald will share with you what products he feels are "SAFE, SIMPLE, and will provide a REASONABLE RATE OF RETURN."
If you feel that Ronald is the right fit as your Safer Money Specialist, or has products available that fit your investment objectives, he will schedule a short meeting. That is right, you are not charged for the one on one lunch or dinner meeting! Great deal, right? This two-step process will be used to determine whether we are the right fit for one another.
That's it. A complimentary lunch or dinner at a prominent local restaurant, then a short meeting with Ronald. If you feel this is a great way to learn whether Safer Money Specialist is the right choice for you, please contact us as soon as possible to schedule your one on one complimentary lunch or dinner!
Billionaires Dumping Stocks, Economist Knows Why
Thursday, 07 Nov 2013 11:52 AM
By Newsmax Wires
Despite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.
Warren Buffett, who has been a cheerleader for U.S. stocks for quite some time, is dumping shares at an alarming rate. He recently complained of “disappointing performance” in dyed-in-the-wool American companies like Johnson & Johnson, Procter & Gamble, and Kraft Foods.
In the latest filing for Buffett’s holding company Berkshire Hathaway, Buffett has been drastically reducing his exposure to stocks that depend on consumer purchasing habits. Berkshire sold roughly 19 million shares of Johnson & Johnson, and reduced his overall stake in “consumer product stocks” by 21%. Berkshire Hathaway also sold its entire stake in California-based computer parts supplier Intel.
With 70% of the U.S. economy dependent on consumer spending, Buffett’s apparent lack of faith in these companies’ future prospects is worrisome.
Unfortunately Buffett isn’t alone.
Read About The 10 Things 401k's Don't Want You To Know
Watch this disturbing video about 401k(s)
How 401(k) fees eat away at your savings
Study Reveals 401(k) Disclosure Rules Not Helping Investors
Article written by The Self Directed Retirement Report
In an effort to add transparency to 401(k) administration, the Department of Labor created a new rule in 2012 that required all 401(k) plan providers to disclose “all fees associated with plan administration, investments, and other expenses”. The idea was that with more information about where money was going on the administrative side of the process, 401(k) owners could make better decisions about where, how, and with whom to invest. Unfortunately, it appears that these disclosures are not particularly insightful for most 401(k) owners and that nearly half of them have no idea how much of their money goes to annual fees and expenses even after the disclosures are made.
“Fee disclosure is…very cumbersome,” explained vice president of corporate retirement plans at Personal Capital Tom Zgainer, adding that “participants need an easier way to discover and understand expenses associated with their retirement plans.” About the only thing that the disclosures appear to accomplish is making participants aware that they may be paying fees and expenses. Slightly more than a fifth of all participants believed after the disclosures that they pay no fees or expenses on their 401(k) plans. That number used to be more than a third (38 percent) when the disclosures were not required
Unfortunately, this issue is a much bigger one than you might think at first. According to NerdWallet, more than 90 percent of American adults underestimate the lifetime costs of their 401(k) administration by about $150,000. The survey included more than 800 Americans. The Department of Labor supported these findings as well, reporting that a poor understanding of fees can result in reduced retirement balances that are as much as 28 percent lower than retirees might expect.
How do you keep your retirement-related administrative fees under control? Do you know if you are paying any?
What Is An Indexed Annuity?
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About Ronald Grant
"The Original" Safer Money Specialist.
Ronald has been a licensed agent specializing in the pre and post-retiree marketplace since 1996, and is licensed in multiple states.
He is the "Original" SAFER MONEY SPECIALIST and works with clients who want to have some, part or all of their money in a SAFER place where the PRINCIPAL and the GAINS are fully protected.
- Retirement Solutions
All of our retirment solutions keep our client's principal 100% safe from market declines.
- LTC Protection
Protecting your retirement funds and dignity should be at the top of any financial plan.