written by reader Secure retirement account

By johnl49, February 10, 2021

Can anyone explain the Dr. Skousan “secure retirement account” where you can’t lose money but can get gains from stock market gains?

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opentrails
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opentrails
April 24, 2021 11:51 am

Yes, I received the ad, too, and have the same question. I don’t have an answer but am guessing it something like a SPAC or Main Street Capital (SG June 17, 2019) maybe using options to put in a floor on the investment???

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Travis Johnson, Stock Gumshoe
April 24, 2021 12:30 pm

Those are variable annuity contracts — the ad has been around a while, last time I looked the terms he teases are indeed appealing in retrospect, but those were available 5-10 or more years ago, such terms are not available now.

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