No. of Recommendations: 3

Thanks, and good luck with your Mother's investments. Regarding your comment:

>>didn't know what she would have done had she not had those annuities during the market down turn after 2000

Keep in mind that those with long term, low fee, correctly asset allocated portfolios had little to fear from the 2000 downturn, because:

a) They'd been investing consistently for years/decades already, and had already benefited from the market explosion of the 80s and 90s.

b) If they were retired or near retirement like your mother, they had 50% or so of their financial wealth in bonds, which have done quite well over the past few years, as well as real estate and some cash.

c) Instead of fearing the market and switching to cash just when stock prices had become relatively cheap again, they stayed invested, and enjoyed the rise in stock prices last year. And they'll continue to enjoy them in the coming years/decades.

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