Don't Compare to the S&P

[vickiegram]

@evanburnside12 Don't take my statement literally but understand the context. Long term investment is the key and answer to your questions.

 

[shaimaaalmahdy]

@evanburnside12 They don't want to address this, and the idea is "don't panic," which if you're middle-aged is maybe reasonable, but when you're in retirement well, lol.

 

[caitlynlovesjesus]

@evanburnside12 If you dollar cost average during that period you would have been rewarded!

 

[jeshurun1111]

@evanburnside12 May I ask which securities licenses you hold?

 

[resjudicata]

@jeshurun1111 He doesn’t hold any.

 

[caitlynlovesjesus]

@jeshurun1111 Who are you asking? As for me I have Series 6, 63, 65, 26, life/health, property/casualty, and mortgage loan originator licenses.

You?

 

[jeshurun1111]

@caitlynlovesjesus I was asking OP. Life/health, 6, 63, CLTC, and working on 65.

 

[caitlynlovesjesus]

@jeshurun1111 65 was pretty tough, you got this!

 

[jeshurun1111]

@caitlynlovesjesus Thanks!

 

[resjudicata]

@jeshurun1111 IULs are different, they have 0% floor and there’s caps on what you can gain, and the broker, or insured aren’t the ones doing any financial moves. Whereas a VUL you do need security licenses to be able to even talk about those. Don’t get it confused.

 

[jeshurun1111]

@resjudicata I didn't say he needed a securities license to sell IULs. I'm saying he's talking out his ass to people who are licensed and actually work with securities.

 

[evanburnside12]

@jeshurun1111 No you may not.

 

[jeshurun1111]

@evanburnside12 Then kindly shut the fuck up

 

[ajharmon89]

@evanburnside12

Forget average returns of the market. Look at average portfolio returns. They are far lower than average market returns.

I don't understand this at all. Hit a Vanguard or Fidelity total stock market index and that will be your return.

The guarantee is the only valid point you make. That should be what you're highlighting.

 

[evanburnside12]

@ajharmon89

Hit a Vanguard or Fidelity total stock market index and that will be your return.

What are their average returns over decades, through market crashes? Do their investors sell during crashes and buy at the top? Yes, they do this often. That's going to be an inherent problem with volatile asset classes.