If it sounds too good to be true, it probably is too good to be true. That age-old maxim is something to keep in mind if you are considering investing in alternative investments such as liquid alternative mutual funds, leveraged ETFs, non-traded REITs, structured notes or unconstrained bond funds.
A recent FINRA investor alert gets right to the point: “The marketing efforts used by some variable annuity sellers deserve scrutiny—especially when seniors are the targeted investors.” As if these products weren’t complicated enough variable sales pitches are sometimes tailored to confuse. Others employee scare tactics and share false claims.
When we read the statistic that seven of ten older Americans will require long-term care most of us do not visualize ourselves in that group. Most of us believe we will be in the lucky minority that does not require assistance with the activities of daily living.
This year marks the 10th anniversary of the creation of Health Savings Accounts (HSAs) tax-advantaged savings vehicles created as part of the Medicare Prescription Drug and Modernization Act that allow individuals with High-deductible Health plans (HDHPs) to save money for health-care expenses.