Minimize

Welcome!

Planning for retirement in times of low yields

Cory
November 21, 2016

A new guest to the show, Anthony Saccaro  was introduced to us by a good friend. Anthony is the founder and President of Providence Financial & Investment Services. Providence specializes in investment strategies for baby boomers and retirees. I chatted with Anthony about how he is protecting his clients investments as well as his outlook for interest rates, inflation and the overall investing climate currently.

Click download link to listen on this device: Download Show

Discussion
2 Comments
    Nov 21, 2016 21:36 PM

    Interesting comments from Anthony. I think he’s right in his “safety first” approach. Some of the products he mentioned are pretty good. He’s right about a coming crash in the equity markets. That’s why I got an IUL that’s much safer.
    Once the crash starts, people will wish they converted into the safe stuff. A quality IUL is almost like a guaranteed note.

    CFS
    Nov 21, 2016 21:39 PM

    Only an ignorant person considers a long only position in the stockmarket.

    There is absolutely nothing wrong with being ALWAYS in the stockmarket, as long as one recognizes that there is a time to be long and a time to be short, and times always to rotate.
    this guy, Anthony, does not understand getting old and the need to spend on medical and other care. Spending on clothing and food may diminish, but other expenditures can overtake those. Cost of maintaining property can be more expensive as you become less able to do minor repairs. Taxes seem never go down.