Where Do Conservative Investors and Savers Go for Safety?

The Dow opened the first week of the New Year with the worst start on record. A leading contributing factor to the recent market turbulence is the economic upheaval in China and the decline of oil. There’s an old financial adage: as January goes, so goes the year. Some conservative investors and savers are seeking the stability of fixed interest rate products and avoiding the markets altogether. But with low interest rates in money markets and certificates of deposit, tax-deferred annuities have become the new alternative. Watch syndicated financial columnist Steve Savant interview financial and retirement advisor Eric Judy. Eric’s new book is entitled The New Retirement, a Paradigm Shift. http://www.onthemoneynews.com/conservative-investors-and-savers-on-the-money-news/