Investors should curb expectations for returns over the next 3 to 5 years, says Pimco.
Ray Dalio, founder of the massive Bridgewater Associates investment firm, has been railing against cash all year long.
What matters now is the “creative destruction” of markets that has taken place due to the pandemic, dividing stocks into winners and losers.
An index annuity is an annuity whose rate of return is based on a market index, such as the S&P 500 or the Nasdaq 100.