A Guarantee is Only As Good As It's Insurance Company

[indaville]

Most of the allocations we see from the The Mutual Fund Store (TMFS) lost on average 30% in 2008. I think TMFS manages around $1.5B, that means their clients lost around $450,000,000 last year!!! Funny how he never mentioned that. How much money was lost in fixed/indexed annuities in 2008? $0.

 

[insuranceexec]

Most of the allocations we see from the The Mutual Fund Store (TMFS) lost on average 30% in 2008. I think TMFS manages around $1.5B, that means their clients lost around $450,000,000 last year!!! Funny how he never mentioned that. How much money was lost in fixed/indexed annuities in 2008? $0.

What a good time to get back into the market............

Good post!