I am a life insurance agent with 41 years of experience. The Palm Beach Newsletter teaser ”770 accounts” led me to subscribe For $49 I got the keys to unlocking the secret of the 770 account which, as you might expect was not really a secret to me. The designation “770 account” was contrived Tom […]
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Life Insurance in disguise
Lewitt recommends out of the money puts. Stocks don't fall as precipitously as he suggests. You can better preserve capital by buying in the money puts and rolling positions forward with the stock price decline[...]