No. of Recommendations: 10
He follows a conservative approach built around Fixed Index Annuities and Managed Equity Funds.

No, he follows an approach more accurately called "load up my clients with crapppy things that will pay me a big commission".

Having written all of this it would seem that I should just follow my instincts.
Maintaining a 60% balance of Bond funds and equivalents and 40% mixed equities.


Your instincts are fine as far as the "run away from this bozo" part.

But backwards for the balance part. It should rather be 60% equities and 40% bonds. Unless you think that inflation will stay near zero for the next 30 years.

Here's a couple of links to start your learning curve.
FundAdvice.com: "The ultimate buy-and-hold strategy"
http://www.fundadvice.com/articles/buy-hold/the-ultimate-buy...
http://www.merriman.com/bestofmerriman/ultimatebuyandholdstr...

Guyton/Klinger Decision Rules.
http://schulmerichandassoc.homestead.com/Using_Decision_Rule...
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