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How do you prepare for the next market sell-off?

Over the last week I have read or listened to “gurus” tell everyone that we are heading for another market crash. The past five week rally is over. Done. Sell everything and the shut door when you’re done. At Iron Gate Global we have a different approach. We certainly love to utilize options strategies to take advantage of volatility, but we don’t believe you can time the market that well. Let me explain. Investors, especially those who are trying to manage their own money, are searching for the holy grail of investing. They’ll spend thousands of dollars and hundreds of hours looking for something that will lead them to the “Promised Land”. That something that should tell them exactly when to buy and when to sell. This is a search that, early in our careers, we looked for as well. But here’s the thing…this investing Holy Grail that helps you
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Categories: Markets and Strategy.

Buyer Beware: Annuities are among the worst investments you can buy

It’s happened again. A client of ours was duped a while ago into buying an investment that has been costing him thousands of dollars in both outrageous fees and investment returns. Unfortunately he’s not the only client. We have many that are in a similar position. Most don’t even know what’s happening until we educate them. The product that we’re warning people about is annuities. The slick annuity salesmen scare the death out of individuals as part of their sales pitch. During volatile times they talk about the stock market crashing and the client losing everything they have. Then they will say “A guaranteed 6% return for life” or something like that to help solve for the fear. Some salesman say that these products protect investors from lawsuits or seizures of their assets. They’ll say anything just to close the sale. It’s such a sketchy investment that FINRA (Financial Industry
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Categories: Personal Finance.

Did You Make This Investing Mistake in February?

You may be feeling like a couple of clients from whom I received phone calls in February. In the face of the current market they wanted to move to cash. And can you blame them? With current conditions that may seem like a great move. But here’s the thing: history would suggest that move is a mistake. And those client’s urges speak volumes to me. In this month’s Market Commentary Video I look at that potential mistake and why it is most likely not a smart move. This month I review February’s performance which wasn’t so bad for US markets. I also do our regular review of four major indices: US, Non-US Developed, Emerging, and Global Markets. I talk about the Key to Investing from a sage investor, Howard Marks, who has some investing advice that applies to any market in any environment. Then I review the major takeaways from
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Categories: Markets.
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