No. of Recommendations: 7
Of course, Rayvt and sykesix would NEVER get a SPIA because (a) they're fortune tellers who know the future; (b) they have nerves of steel when the market crashes 50% and (c) they're religious about their investment/retirement strategy.

CC, you start to make good points, but then you throw it all away and lose all credibility when you decide to start calling names. Stop. It's childish and says more about you than about the person(s) you are taunting.

And anyway, you are making stupid assumptions based on nothing. You have NO IDEA of what I feel about SPIAs. I don't recall ever saying anything about SPIA's other than to post quotes on some.

they have nerves of steel when the market crashes 50%
I'm beginning to wonder if you own a car. Do you panic when the gas gauge drops to half-empty or 3/4 empty?

Just because you panic when things don't go your way doesn't mean that everybody else does or should. Most experience investors in the market know that it goes up and down, and that it always goes back up after a large drop. You just have to make sure that you have adequate margin of safety and adequate resources & liquidity to skate over the down stretches.
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