WE SEEK INVESTMENT OPPORTUNITIES FOR OUR CLIENTS AT THE INTERSECTION OF INNOVATION, GROWTH AND PROFITABILITY
Beware the Sales Person’s Bandersnatch!Submitted by Indicator Advisory Corporation on October 5th, 2018
The recent annuity marketing programs can be detrimental to your financial health.
A fictional creature of Lewis Carroll’s 1872 “Through the Looking Glass” and his 1874 poem “The Hunting of the Snark” was the fearsome Bandersnatch. Carroll’s first mention of the creature described as a Bandersnatch appeared in a poem entitled “Jabberwocky” and later in “The Hunting of the Snark.” A sales person leaves a hunting party and encounters a Bandersnatch…
A Sequel Today…
The past few months have witnessed the media declaring that the stock market has been “overbought” and is due for a major correction. Investors, being emotional by nature, tend to buy into that repeated message due to the continuous repetition and brokerages. Our clients have repeatedly been solicited by sales personnel at banks to invest in what they claim is a “protective” equity indexed annuity.
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