الأربعاء، 2 يوليو 2014
As interest rates remain low, investors - especially retirees - struggle to find yield wherever they can. Unfortunately, though, the necessity of earning a required return to fund financial goals becomes the mother of invention for a wide range of investment strategies, both legitimate and fraudulent. A recent offering of rising popularity is structured settlement annuity investing, often offering "no risk" rates of return in the 4% to 7% range. In general, the opportunity for "high yield" (at least relative to today's interest rates) and "no risk" is a red flag warning.
Earlier this week I was scheduled to be on a conference call. I dialed in, entered in my pin, and was told by an automated voice that I was the first person on the call. After five minutes of elevator music, I hung up and dialed in again.