Financial Tip #5: Find Income In the Right Places

Find income in the right places.

Our present low interest rate environment makes for a difficult time to be a conservative investor. Bank interest rates are very low and bond funds are very sensitive to rising interest rates. You may have to change your investment strategy and look to equities that pay dividends but be careful, the complexity in the markets today require advanced skills, which is where the need for professional active management fits in.

Adding a fixed indexed annuity allows you to participate in stock market performance without risk to your principal, and can work nicely as a bond replacement in this environment.