Talk of The Villages Florida - View Single Post - If you pulled 250k out of the stock market....where would you put it?
Thread: If you pulled 250k out of the stock market....where would you put it?
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Old 09-27-2011, 02:21 PM
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Quote:
Originally Posted by champion6 View Post
You have my attention!!!

Can you be more specific? Who offers this investment? What is the name of the fund or funds?

I don't understand your statement about a guarantee, but I will investigate that when you explain what you bought.

Thanks.
There are no index funds that make that claim. There are index annuities such as alliance that do give you 10% up front with guarantee of 0 loss and work off the indexes monthly or annualy and reset each month or year howerer you set it up. I preferr monthly. Example if the market goes up 2% in june you make 2 % if it drops 3% in july you lose nothing. That is if you are on a month to month annuity. I have 2 m2m and 1 annual. They work well but your money is tied up for 17 years. You can withdraw up to 10% yearly without penality. I just reinvest the dividends for now. I have made over 35K in the past 2 years on just those with no risk. Speak to a professional about them before you invest so that you get the entire picture. Now to answer the question if I was investing 250k I would open 3 50k annuities and 100k in High Dividend stocks such as ATT etc. Do not take this as finincial advise but this is only my opinion on what I would do withe the 250k question. Do your reasearch! You have to live with your decisions. GOOD LUCK!