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Sound Investing - Aug. 22, 2008 - Click To Listen |
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THIS WEEK:
- Inflation reaches 27 year high, how should you react?
- Equity Indexed Annuities, are they right for you?
- Myth or Reality: Knowing your risk tolerance is the key to success?
- Our Guest: Mike Stevenson, Director of Securities for the Washington Department of Financial Institutions
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We learned this week that inflation has reached a 27 year high.
Indications are that it won't cool anytime soon. So, how should you
invest during inflationary times? Don McDonald will help with a few
suggestions.
We have never been fans of equity indexed annuities. These
insurance products are hard to understand and full of fees. We are
pleased to hear that various governmental agencies are looking into
them more fully and in this week's show, we talk with an official about
why consumers should be wary about buying these confusing products.
Is it a Myth of reality: Knowing your risk tolerance is the key to successful investing? Paul helps us find out.
Here's one Olympic performer that hasn't reached gold: the Chinese
stock market. Chinese equity markets are down between 40 and 50
percent since last fall. Buying opportunity? Listen to this week's
show to get our take.
Plus, Paul’s Outrage: Unrealistic income expectations in retirement!
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