Fast forward sixteen-and-a-half years. Brennan, eager to comfortably retire, looks at his annual statement only to have one of those Scooby-Doo moments.
Only for him, there's no Fred, Daphne, Velma, or Shaggy to the rescue.
That's because all that sixteen-and-a-half years of market hindsight he based his investment decision on originally was meaningless when, over the course of the next sixteen-and-a-half years the market showed a steady downward trajectory, to wit:
- From November 1965 to April 1982, the DJIA LOST an average of 7.29% per year.
- Brennan's $250,000 investment became $74,840.80.
Structured Settlements Eliminate the Guess Work
After listening to me extol the benefits of structured settlements for more than thirty years, it should come as no surprise to anyone that I take this opportunity to remind our readers that structured settlements remain one of the safest, surest financial bets out there.
Whether tax-free (for physical injury lawsuits) or tax-deferred (for non-physical injury disputes), traditional structured settlements provide GUARANTEED returns and are not impacted by market performance.
And for those who still like exposure to the market? Well, we have structured settlements options for you, too. Most of ours, however, have guaranteed floor levels of income making them superior to traditional market investing.
So, before you make your next investment decision, ask yourself one especially important question:
What if 2022 is 1965?
Hindsight may be 20/20, but its value is limited when trying to use it as a basis for decision making going forward. Helpful? Yes. But too many things outside our control factor into what will happen in the future. Therefore, adding a healthy dose of restraint to one's evaluative process is always prudent.
Don't risk money you cannot afford to lose. Consider structured settlements and annuities for your fixed income needs when the opportunity arises.
Then, take your chances in the market with the remainder.
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