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Subject:  Re: Retirement Financial Advisor Date:  4/19/2011  2:23 AM
Author:  BruceCM Number:  68918 of 88524

If Valic is the 'advisor' on your 401(k) investment alternatives, then the friendly man in the showroom of your local Ford dealership is your "Transportation Consultant". These 'advisors' are security salesmen who are compensated based on what they convince you to buy, which may or may not have anything to do with the investments that are in your best interest.

To your question on GNMAs...these are interest rate sensative, and if the economy continues to expand, inflation will continue to rise with interest rates soon to follow. This doesn't mean a GNMA fund, or corporate bond or a high yield junk bond fund should not be part of a diversified portfolio..and if the 'advisor' isn't explaining this to you, you'd be better served to find advice elsewhere.

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