written by reader Secure retirement account by Mark Skousan

By johnl49, July 14, 2020

Beat the market with ZERO downside? Any clue what this maybe without subscribing to his newsletter? It seems too good to be true.

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don34685
Irregular
don34685
February 5, 2021 5:05 pm

Secure Retirement Accounts are set up by one’s employer so I’ve got no idea what Skousan is talking about; not to mention that zero downside is pretty hard to imagine.

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bob
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bob
March 2, 2021 7:50 pm
Reply to  don34685

Most likely it’s a form of an annuity issued by insurance companies. It’s capped as to how much it can go up in a year. Also, the insurance company needs to have a very high rating, since if it goes under some or all of your investment could be lost.

https://www.forbes.com/sites/mattcarey/2020/04/21/can-you-lose-money-in-an-annuity-know-these-two-things-to-figure-it-out/?sh=615dc7505bdd

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Travis Johnson, Stock Gumshoe
March 2, 2021 9:07 pm