We weren't talking censorship, sonny boy. Just manners.
Sorry if I came on strong and pushy.
And just so you know, this isn't the United States. It's the internet. And there is plenty of information in the Forum rules about moderation and topic limits. Again, not trying to shut you down, just pointing out that the folks on this forum tend to prefer facts to hyperbole.
Now feel free to back up your claims for UIL. Use attributions for your various claims such as instead of 10% returns over time since whenever the actual returns were 6%.
I will dig them up but I am wary to post because some may think I am selling and I am not.
If you validate your claims and I can check them, great. Maybe you'll sway my decision making. But I'm not buying just because you say so.
Harley - I am not selling. Just suggesting that everyone keep an open mind. Fixed annuities at 5 to 6% (they have come down a bit) are looking pretty good versus a 40% loss in indexes, 3% CDs, zero return in the S&P 500 for the past 12 years, T bills at zero or
Still the fixed annuities did not keep up with inflation. So what is a better alternative for the avg person? Munis or a laddered bond portfolio with some stock exposure using some health care and energy ETFs? The transaction costs on bonds can be a killer.
If you are good at technical analysis there was a good play on T-Bills using ETFs in the big T-bill rally recently.
Many planners are not that good but DIY can be expensive as well. A lot of DIY'ers are going to run out of money or may never retire. Finding a good advisor is almost impossible too. I think DIY folks have to be really careful with tax issues as well.
I am curious what others did or would have done over the past 12 years.
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