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Ok, so IUL's have gotten my attention ...
- Thread starter DayTimer
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- #92
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More of a market timing story and it is CNBC which is not the best source for market news necessarily. But anyone who read The Big Short should at least take note that Michael Burry sees the current passive investing instruments (index funds, ETF's) as the next bubble.
Michael Burry of 'The Big Short' says he has found the next market bubble
Michael Burry of 'The Big Short' says he has found the next market bubble
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I had just read that article in the last few days.. combine that with the possible negative interest rate that retired Fed chairman warns about & it could get real interesting.
All of which would be straight terrible for insurance companies too.
- Thread starter
- #95
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Or they could just hose all their IUL holders and drop guaranteed rates to minimums and raise to the max charges.
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- #97
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They would never do that ... again ... would they?
They wouldn't. THEY COULDN'T.
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Well great. Now I’m even more confused.
Now you're getting it!
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